CYOS News 13 July 2005, 12:16pm ET
13 July 2005, 12:16pm ET
New Generation of Casino Games to Be Marketed
CYOP Systems International Inc. (OTC BB: CYOS), a leading provider of online gaming software, is pleased to report that it will be opening a game studio this Fall in Central Europe to capitalize on the growth of online casino gaming technologies.
CYOP intends to develop "Next Generation" 3D casino games, which will be made for cross platform integration. These games will be available for mobile gaming, console gaming and Internet PC applications.
Variations of popular games such as Blackjack, Roulette, Pai Gow, Slots, Video Poker will be constructed for license to third-party operators, and game hardware suppliers.
The Company also intends to market its own portals, and will continue to expand its localization and translation of its software and games.
The studio will be a wholly owned subsidiary of CYOP Systems International Inc., and will be centrally located in Slovakia. After weighing the pros and cons of a number of countries, it was decided that Slovakia's business-friendly government policies that have helped facilitate a foreign investment boom made it an excellent choice. Slovakia's economic growth exceeded expectations in 2001-04, despite the general European slowdown. And their labor market liberalization and a 19% flat tax are also appealing.
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