| Phantom Fiber and Excapsa Launch Global Mobile Poker Product
July 6, 2006 – A partnership between Phantom Fiber Corporation and Excapsa will see the launch of a global mobile gaming solution.
This new distribution method for the poker product, integrates a shared eWallet with Excapsa's other games and is available across global communications networks to mobile users on over 1,000 wireless devices, including mobile phones and PDA's.
UltimateBet, Excapsa licensee brand, will be the first to enjoy the benefits of the branded mobile solution. By incorporating the branded mobile solution into their marketing strategies, it will allow Excapsa's licensees to tap further into the estimated $11.9 billion global gaming market and aid in reaching targeted European markets for expansion.
Excapsa's wholly owned licensing subsidiary, Game Theory Limited, has signed a 5-year partnership deal with Phantom Fiber to launch this mobile platform.
Jim Ryan, Chief Executive Officer of Excapsa, said, 'As one of the first online gaming software developers to provide a mobile solution for their poker product, we are able to continually enhance our software to take full advantage of this distribution method as the market grows. Our partnership with Phantom Fiber, a leader in this sector, will serve to ensure we continue to be at the forefront of this opportunity.'
Jeff Halloran, President and CEO of Phantom Fiber said, 'Excapsa has established a solid reputation for developing advanced multi-player software to support a profitable poker network which will gain enormous benefits from Phantom Fiber's advanced wireless platform with support to hundreds of mobile devices worldwide.'
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