Press Release Source: CYOP Systems International Inc.
CYOP to Launch Online Poker & Bridge Monday February 14, 7:48 pm ET Casino Type Games to Be Offered as Part of European Growth Strategy
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 14, 2005--CYOP Systems International Inc. (OTCBB:CYOS - News), a leading provider of online video games and tournaments of skill, is pleased to announce that it will be launching online multi-play poker and bridge. The games are going through testing and will be available for cash play in jurisdictions such as the United Kingdom that consider poker and bridge to be games of skill rather than games of chance. The games will be available for free-play to North American players.
A Bear Stearns report for the industry pegged annual revenue at $4.2 billion for 2003, and Christiansen Capital Advisors predicts that 2005 revenue could exceed $10 billion.
Mitch White, CEO of CYOP, commented, "More than 80 million people play poker at home, in card rooms and online, where over $170 million is wagered each day. If this trend continues, more than $250 million will be wagered on poker on the Internet alone each day by January 2006 according to Bluff Magazine. And last year, a total of $1.6 Billion was wagered online in poker sites. We plan to leverage our growing European player base into this form of gaming, and monetize our database further."
About CYOP
CYOP is a developer and provider of online skill-games and services for the online entertainment and gaming industries. CrediPlay, CYOP's licensed application, is an online transaction platform that is based on charging a fee for each game of skill played over the Internet. CYOP's central games portal, www.skillarcade.com, features virtual games where people play popular skill games against other players and compete in tournaments to win real money prizes.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of 1934 and the provisions of the Private Securities Litigation Reform Act of 1995 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including, but not limited to, technological and operational challenges, needs for additional capital, risks associated with market acceptance and technological changes, risks associated with dependence on software providers, and risks associated with competition.
Play Games. Win Games. Make Money. (TM)
-------------------------------------------------------------------------------- Contact: CYOP Systems International Inc. Patrick Smyth, 310-248-4860 Patrick@cyop.org
Wall Street News Alert -- Breaking Market News! February 17, 2005 WESTON, Fla., Feb. 17, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Protocall Technologies Inc. (OTCBB:PCLI), CYOP Systems International Inc. (OTCBB:CYOS), Nortel Networks Corporation (NYSE:NT) and Advanced Micro Devices, Inc. (NYSE:AMD).
Aggressive investors and traders will be watching Protocall Technologies Inc. (OTCBB:PCLI) again this morning! Yesterday after the markets closed, the company issued a press release announcing that Executive Software Inc. will debut the latest version of its market-leading data recovery program on Protocall's on-demand electronic content distribution system next week.
This could be another piece of good news for investors! Protocall's proprietary electronic digital content delivery system was deployed by CompUSA in 25 stores in three major market regions in 2004. It is also the engine behind the new online Software Solutions Center at www.tigerdirect.com.
Investors watch this one progress as other companies recognize the benefits of using Protocall's product! The company's technology is currently being used to offer over 1,200 software titles from 250 software publishers, including 5 of the top 10.
"Protocall is enabling us to give consumers immediate access to the newest versions of our products on the day we release them," said Michael Gioia, Executive Software's Director of Channel Sales. "The ability to bundle our products is another key attraction of Protocall's system. They are creating a new way for us to get our products out to the market immediately, without competing with the shelf and with no cost of goods. Consumers can see the value and the savings right away."
Previously this month, Protocall announced that MYOB(R) US, Inc. was the latest company to distribute its products via Protocall's proprietary electronic digital content delivery technology. The company joins over 250 other software publishers who have engaged with Protocall Technologies to expand the distribution channels for their products in the retail marketplace.
Prior to yesterday's press release, the stock closed yesterday at $3.00 a share.
In case you are not familiar with the company: Protocall (www.protocall.com) is the innovator of on-demand digital content distribution. Its flagship SoftwareToGo(r) electronic delivery system is the industry's standard for on-site production of brand name software CDs, for both traditional and Web retailers. Protocall provides retailers and software publishers with specialized systems programming, digital rights management and electronic merchandising services for front and back-end fulfillment operations. Market-leaders CompUSA and TigerDirect.com are both early adopters of Protocall's on-demand business model.
Stocks showing interesting activity yesterday at the close of the regular trading day were: CYOP Systems International Inc. (OTCBB:CYOS) up 50.6% on 115.1 million shares traded, Nortel Networks Corporation (NYSE:NT) down 1.9% on 11.5 million shares traded and Advanced Micro Devices, Inc. (NYSE:AMD) down 1.3% on 8.8 million shares traded.
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posted
CYOP Announces Addition to Board; Randy Peterson Brings Experienced Leadership in Gaming
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 22, 2005--CYOP Systems International Inc. (OTCBB:CYOS), a leading provider of online video games and tournaments of skill, is pleased to announce that Mr. Randy Peterson has accepted and been appointed to the Company's Board of Directors.
The Company now has two independent directors with Mr. Peterson also joining the Company's audit and compensation committees.
Mr. Peterson, a retired police detective, has a distinguished reputation and is also a judicially recognized gaming expert. As a highly respected member of the gaming community, he is also the inventor of a number of games including skill-bingo and skill-poker.
Mr. Peterson will assist the Company on developing its entry into new product launches, providing solutions for technical issues relating to current research and development, and identifying commercial opportunities for the creation of strategic partnerships.
In 2005 it is estimated that more than $60 billion will be wagered on Internet Poker sites, and according to MECN Reports, more than 60% of the industry experts surveyed believe that online poker will be the dominant offer in online gambling in 2-3 years.
Mitch White, CEO of CYOP, stated, "Randy brings us depth and experience through his understanding of gaming, especially in the poker industry. His knowledge of this business, coupled with his keen sense for solid business opportunities are a welcome asset to our Board and we look forward to his input into our growth in the coming years."
posted
You all might want to check an article that came out in the National Post yesterday about online poker games...supposed to be the next big boom, like the tech stocks back in 1997-2000. I am at work so I am going from memory, but one of the companies looking to IPO figures their IPO is going to go for $5.6billion...if anyone has has the article feel free to comment.
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Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 34572574
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 75% - Buy 50-Day Average Volume - 18078459
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 10937212
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