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Looking at the chart and with news out yesterday, CYOS is on the way up! ________________________________________
CYOP Systems Issues Activities Guidance; Online Gaming Company Has Full Suite of Products for Licensing And Operations
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Jan. 18, 2006--CYOP Systems International Inc. (OTCBB:CYOS), a provider of online gaming software and operator of games portals, issued guidance for its current business activities. The Company's guidance is based on the following:
1. Casino Software - The Company recently announced an executed agreement with FutureBet Systems Inc., to purchase 40 online casino games and SportsBook software and platform. The software is offered in an Instant Play/No download Flash version and a stand alone Windows application that is the smallest download online.
2. SportsBook - The Company will also be licensing its Internet Sports Wagering Software that covers North American and International sports and events. CYOP will be offering a full range of sports betting options and an extensive number of betting types including straight bet, parlay, over/under, money-line, and teasers. Licensee's customers will have access to the same sports odds lines that are used by several of the top Las Vegas books.
3. Third Party Licensing - The Company launched www.redfeltsoftware.com through a United Kingdom Company, Red Felt Software Ltd., which has been organized as a wholly owned subsidiary of CYOP Systems International Incorporated. The United Kingdom is being recognized as a jurisdiction embracing and regulating this sector. The Company is pursuing operators interested in turnkey licensing opportunities by providing them with casino games, a sportsbook, poker and skill games under one umbrella.
4. Online Poker - The TenSeatPoker.com site will be the flagship play-for-cash poker site featuring the Company's licensed poker games, and will be marketed with the goal of establishing brand recognition and driving revenues from targeted audience areas. Operated through its subsidiary, Red Felt Software Ltd., the Company announced an executed agreement with Action Poker Gaming Inc., to license their online poker system.
5. Chinese Poker Partner - The Company reached an agreement to feature CYOP's licensed pool and poker games on an exclusive basis with a leading online Chinese media company and value-added information service provider. The Company still has an excellent relationship with this partner, but due to the sensitivity of online gaming in China, our partner has requested that we not mention them in news dissemination until further notice. Both partners have delayed the launch until the complete poker and gaming systems are in place in order to financially maximize the traffic.
6. Branded Casino Portal - The Company will be launching its own casino gaming portal, and is planning to aggressive interactive marketing strategies. A link to a version of the software that CYOP is purchasing may be found at the practice mode of http://casino.cyopsystems.com, while the purchased version will be integrated into the Company's platform and will be operational shortly. The Company will also be launching a number of targeted portals such as BingoBurst.com that will embrace specific segments of the gaming marketplace that are expected to experience growth.
7. CrediPlay - The Company has licensed a proprietary technology called CrediPlay, which essentially combines online games of skill to a database platform that allows players to compete against each other for money. It also houses a transaction platform, not unlike a virtual bank, which allows players to deposit money using their credit cards, pay for the games and ask to withdraw any winnings instantly in real time. This software is utilized as the ecommerce backend for the Company's games and websites and is available for licensing.
8. Skill Games - The Company operates www.skillarcade.com; an online games destination where people play popular skill games against other players and compete in tournaments to win real money prizes. Games on the site include over the Internet, including Puzzle, Board, Trivia, Learning games, Action Games, Strategy, & Role Play games. Online skill games are games that have been formatted so that the rules of the game eliminate elements of luck, without changing the fundamental nature of what makes the game enjoyable and appealing.
Mitch White, CEO of CYOP, stated, "In the last year CYOP has moved from having only skill games to having a full suite of interactive gaming software. The Company is working to promote its software to third parties and more there are a number of business opportunities on the horizon. We are pleased with our progress to this point, and are extremely enthusiastic about the I-gaming market and its projected growth. Our proven technology, experience in gaming marketing, and projected market penetration give us confidence in the Company's future."
About CYOP
CYOP is a provider of multimedia transactional technology solutions and services for the entertainment industry and a developer of online games, poker, and bingo. The Company's range of products and services include financial transaction platforms for on-line video games, licensed online gaming software, gaming websites, poker portals and integrated e-commerce transaction technology for on-line merchants. Its cross platform of brands includes flash casino games, downloadable casino games, sports betting software and skill games.
For more information please visit www.cyopsystems.com ________________________________________________
Up .0005 from .0188 to .019 Rising slowly over last couple of days. Anyone have any ideas on this one? Looks good to me.
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