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CYOP Announces New Licensee; eWoss to Offer CrediPlay Skill Games on Its Network
via COMTEX
Feb 28, 2005 4:30:00 PM
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."
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