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CYOP Launches Poker Games; Games Available for Play at redfeltsoftware.com

5/25/2005 12:54:01 PM

CYOP Systems International Inc. (CYOS), a leading provider of online gaming software, is pleased to announce that it has now launched its much applauded demo version of its online poker product at http://www.redfelt.com/demo.phpl

This initial release is to showcase the Company's licensed software to prospective clients, and stakeholders. This version is the English play-for-fun version that is being rolled out on Sina.com. A site for players to wager in real dollars is going through final integration and will be ready for play in the near future.

Red Felt Poker is a full-service turnkey poker gaming system that can be easily deployed by any Licensee. The Company can also provide the necessary management experience and support to licensees and their customers.

More than 200 online poker sites collectively are generating about $2 billion a year in revenues, equal to 40% of last year's $5 billion in gambling revenues from all of the Las Vegas "Strip". An estimated 1.7 million players are active online, meaning they've played in the past six months according to an MECN.net survey

Mitch White, CEO of CYOP, stated that: "With this launch, we are now able to increase the number of games available for licensing and enter the poker industry. Our software has been priced to be competitive in the online poker market, making Red Felt Software a premier choice for both start-ups and established operators alike. Players who have used our games have found them to be realistic and entertaining."

About CYOP

CYOP is a developer and provider of online skill-games, poker and services for the online gaming industry. CrediPlay, CYOP's licensed application, is an online transaction platform that is based on charging a fee for each game 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.

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.

CYOP SYSTEMS INTERNATIONAL INC.

Play Games. Win Games. Make Money. (TM)

SOURCE: CYOP Systems International Inc.

CYOP Systems International Inc.
Patrick Smyth, 310-248-4860
Patrick@cyop.org

 

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