|Monday July 12, 9:00 am ET|
TORONTO--(BUSINESS WIRE)--July 12, 2004-- Phantom Fiber Corporation (OTCBB: PVSS.OB - News), the leading provider of secure wireless technology and mobile solutions, is pleased to announce that Digital Gaming Solutions (DGS), a leading provider of integrated gaming products, has signed a five-year license agreement with the Company. Under the terms of the agreement, Phantom Fiber will develop an advanced mobile wagering platform based on DGS software and marketed by DGS to sportsbook and casino properties.
DGS is a dominant software player in the Retail Wagering Electronic Point of Sale (EPOS), Sports Wagering Internet / Call Center and Internet Casino software industries. DGS technologies provides gaming operators with the system flexibility that allows their customers to bet on just about everything (sports, racing, casino games, poker) from anywhere (on-line, by phone, at a kiosk, at a teller). DGS offers its customers the only true, one-stop-shop, multi-language, multi-currency wagering solution in the world. It uses nothing but the latest, most flexible technologies. As a result it supports, at the lowest possible operating cost, the newest games and bets and the latest, best-in-industry, marketing practices.
Darren Rennick, Managing Partner for DGS said, 'Our software clients are always looking for new ways to attract customers and to enhance the gaming experience for their existing customer base. Phantom Fiber's wireless technology meets both of these requirements.'
Jeff Halloran, President and CEO for Phantom Fiber commented, 'Digital Gaming Solutions has created an excellent platform for multi-channel betting. By adding mobile wagering to this equation, DGS creates the perfect wagering ecosystem which enables operators to provide customers with a wide range of betting options. With the football season upon us, DGS clients stand to benefit from our advanced mobile wagering platform -- a new paradigm that truly puts the game in the palm of your hand.'
As the leading provider of secure wireless technology and mobile solutions, Phantom Fiber has launched an innovative wireless software framework that empowers enterprises to efficiently deploy commercial and productivity applications with high performance functionality onto java-enabled phones, smartphones and PDA phones across many communication platforms. Phantom Fiber delivers robust and secure, client / server applications, which are able to generate real revenue models and measurable returns. With solutions built for e-commerce, finance, field service, health and entertainment, the technology extends at anytime from anywhere to the hands of a mobile user. For more details on the company, technology and products, please visit www.phantomfiber.com.
This release includes projections of future results and 'forward-looking statements' as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934 as amended (the 'Exchange Act'). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
About Digital Gaming Solutions
DGS, a privately held company, is owned and operated by a collection of the most experienced operating and software development executives in egaming. It prides itself on being the first software provider to market with the newest gaming technology, supporting the latest, best-in-industry marketing practices. It is also one of the only software providers in egaming with no gaming interests of our own - it is 100% development and support dedicated. The best technology, the broadest selection, with no conflicts of interest. Contact us to learn more www.digitalgamingsolutions.com.
About Phantom Fiber Corporation
Phantom Fiber Corporation is the market leader in wireless technology and mobile solutions that empowers any application requiring high performance functionality on today's mobile devices and wireless data communication networks. Phantom Fiber's success is due to its unique ability to deliver a rich client experience without compromising on performance or security. Phantom Fiber extends the enterprise reach anytime, anywhere, on any device. For more information, please visit www.phantomfiber.com.