posted
May be a good play again tomorrow with this news!
CYOP Announces New Licensee; eWoss to Offer CrediPlay Skill Games on Its Network
Business Editors
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 28, 2005-- CYOP Systems International Inc. (OTCBB:CYOS), a leading provider of online video games and tournaments of skill, is pleased to announce that it has reached an agreement with Wasinger Tech, LLC., whereby CYOP's licensed Pay for Play software, CrediPlay, will be available to their customer base. Wasinger Tech owns and operates eWoss.com, a portal that attracts millions of online users monthly. In accordance with the agreements, CYOP will provide Wasinger Tech with its licensed CrediPlay software where people play games and in tournaments for cash and prizes. The Company recently added 90 new games to its suite of software, and will be integrating the recently announced Atari (Nasdaq:ATAR) suite of products to its online offerings. Mitch White, CEO of CYOP stated that, "Online gaming is predicted to be big business in the next couple of years. Forecasts by DFC Intelligence predict that the worldwide online games market will grow from nearly $875 million in 2002 to over $5 billion in 2008. And, according to research by Informa Media Group, online gaming will attract 56.7 million players globally by 2010. The addition of CrediPlay allows Wasinger Tech to further capitalize on its existing traffic and to add to their core business without any software development costs or expensive downtime. We are very excited about the partnership and the natural fit that exists between our companies."
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. For more information please visit www.cyopsystems.com.
About eWoss
The eWoss search portal at www.eWoss.com attracts millions of online searchers each week. By combining relevant search results from various sources, eWoss provides a one-stop searching destination for its visitors. These search results include algorithmic, product, and auction listings from leading web providers. As its community continues to grow, eWoss plans to expand its offerings to include a wide array of online products.
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.
Source: CYOP Systems International Inc. Play Games. Win Games. Make Money.(TM)
-------------------- Growing old is mandatory!......... Growing up is optional!
IP: Logged |
Been out of pocket for the last few days, and I like bounces....
Okay Diana, I'm watching this one today...I looked at the charts today and I like how this one moves. Good highs and good lows...looks like a daytraders dream. (in and out with a little green
posted
hope to god it goes to 03 or beyond for that matter. when it went to 04 something i was out that day and didn't get to sell been holding for two weeks for this. luck be a nice fat lady today. gtl all
IP: Logged |
posted
now you see why yesterday MM moved down the price (usual games)
CYOP Systems International Inc. (CYOS) , a leading provider of online video games and tournaments of skill, is pleased to announce that it has begun preliminary talks with mobile developers into launching mobile games.
The Company has long realized the potential for wireless gaming and in now doing due diligence on and meeting with mobile platform developers. While games have been provided as a value added service so far, there is a move toward gearing up both subscription and pay for play skill based wireless apps. CYOP intends to be the leader in pay for play skill wireless gaming and is actively working with strategic partners to exploit this niche over the next 12 months.
Gaming on mobile phones and wireless devices is set to generate revenues of US$19.3bn by 2009, according to a new report from Juniper Research, and in the short term the report said 2005 would see total mobile gambling revenues pass the US$2bn mark.
The Yankee Group says there are already 27 million U.S. users playing games on their handsets, and CYOP intends to introduce its skill gaming model to this growing segment.
The Asia-Pacific region is expected to contribute the largest share of total gross revenues with 39% of the market and Europe follows closely behind with a 37% market share, with the US making up the majority of the remainder.
Mitch White, CEO of CYOP, commented, "Wireless games are games that you play on your mobile phone. Depending on your phone and wireless provider, you'll probably be able to play some games already. When you consider that by 2007, most people in North America will access the Internet from a wireless connection, being an early adopter of m-gaming will position us favorably."
IP: Logged |
posted
CYOP Targets Asia for Online Poker; Asian Market Growth is Unprecedented
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--March 22, 2005--CYOP Systems International Inc. (OTCBB:CYOS), a leading provider of online video games and tournaments of skill, is pleased to announce that it will be targeting Asian portals for integration of its new Poker software.
Asia is fast reaching the critical mass and interest needed for online Poker, and CYOP intends to be the early leader in the field. With its backend licensed CrediPlay financial systems already localized into Traditional and Simplified Chinese, CYOP has begun working on the front end game translations of its poker games.
Providers of the online poker make their money with a small 'rake' from the pot in each game plus, to a lesser extent, tournament fees. This has powered hefty increases in sales and profits.
Paradise Poker, the US-focused firm bought for GBP 169m by Britain's Sportingbet last autumn, had turnover of $37.2m (GBP 19.7m) in the seven months to July 2004, and profits of $21.3m. And, in recent months, Paradise's aggregate monthly rake and tournament fee revenue has risen to over $7m and it is reported to have over 721,000 registered customers and over 97,000 active players.
PartyGaming, the sector leader with a share estimated at 50% of the overall market for its Partypoker offshoot, is believed to have made profits before interest, tax, depreciation and amortization of more than $350m in 2004. If it floats on the London Stock Exchange, as it is considering, it would be likely to command a market value of more than GBP 2bn and be a candidate for inclusion in the FTSE 100 index.
And Online gaming revenues in the Asia-Pacific region will reach $1.84 billion by 2008, according to a recent report from IDC. Overall, online gaming subscription revenues in the Asia-Pacific region (excluding Japan) are projected to more than double by 2008 to $1.84 billion from $760 million in 2003.
Mitch White, CEO of CYOP, stated, "recent reports have Chinese Internet users spending an average of 12.3 hours per week online with gaming and entertainment being the second most popular online activity. Combined with reports that China expects it will have a total of 120 million Internet users by the end of 2005; a 28% increase from the 94 million users in 2004. If the numbers bear out, China will have the second largest number of Internet users, after the US. And given the propensity for online games, Poker is a perfect fit."
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.
IP: Logged |
Online Writers / Entertainment Editors / Gambling Writers
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--April 12, 2005-- CYOP Systems International Inc. (OTCBB:CYOS), a leading provider of online video games and tournaments of skill, is organizing operations around its Asian poker and pool venture. With the online traffic available from Asian partners the Company will market and drive this traffic to its "Asian Free Poker" site, expected for launch May 1, 2005. As a targeted audience there is immense value to advertisers and sponsors that the Company is currently in discussions with. Additionally, many free poker players are also, or become, play for cash players. These players provide direct revenues from a 'rake' from the pot in each game plus, to a lesser extent, tournament fees. The Company expects to earn significant indirect revenues from various types of advertising throughout the sites, as well as sponsorships of tournaments and prizes from major consumer based corporations. 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. And Online gaming revenues in the Asia-Pacific region will reach $1.84 billion by 2008, according to a recent report from IDC. Overall, online gaming subscription revenues in the Asia-Pacific region (excluding Japan) are projected to more than double by 2008 to $1.84 billion from $760 million in 2003. CYOP believes that it will be able to capture a small market share of the Asian online gaming industry within the next twelve months equating to significant revenues. And within four years, the Company feels it is possible to capture a significant percentage of the projected market. As an example, 0.5% of the combined projected market equates to gross yearly sales of approximately $92 million. Mitch White, CEO of CYOP, commented, "Casual online game revenue in China was four times greater last year than 2003, and the number of player who go online continues to increase at a phenomenal rate. We believe that we will have one of the first solutions available to the Asian market, priming us to be an early leader in the Asian Poker marketplace."
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)
KEYWORD: ASIA PACIFIC NORTH AMERICA CALIFORNIA UNITED STATES CHINA INDUSTRY KEYWORD: ENTERTAINMENT CASINO/GAMING ELECTRONIC GAMES TECHNOLOGY INTERNET PRODUCT/SERVICE SOURCE: CYOP Systems International Inc.
CONTACT INFORMATION: CYOP Systems International Inc. Patrick Smyth, 310-248-4860 Patrick@cyop.org
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Smile]](smile.gif)
