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PVSS Announces Third Installation Under Phantom Fiber
IQ-Ludorum Partnership
Press Release
May 03, 2004
TORONTO, ONTARIO--(CCNMatthews - May 3, 2004) -
Quicksilver Sports Ltd. To Launch Wireless Wagering Using
IQ-Ludorum's Wireless Gaming Platform Powered by Phantom Fiber
Technology
Pivotal Self-Service Technologies, Inc. (OTCBB: PVSS) announced
today that Phantom Fiber Corporation, the leading provider of
secure wireless technology and mobile solutions, and IQ-Ludorum
(LSE-AIM:IQL), a leading provider of wagering software solutions,
will launch wireless wagering for Quicksilver Sports Ltd. in
early June 2004 on connected mobile devices.
QuicksilverSports.com becomes the third key installation after
BetWWTS.com and WagerOnSports.com to use the wireless wagering
solution developed through a partnership between Phantom Fiber
Corporation and IQ-Ludorum plc.
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With plans to expand business in the Asian betting marketplace,
Quicksilver Sports Ltd. represents a natural organic evolution in
the partnership between Phantom Fiber and IQ-Ludorum to pursue
the vision of global wireless betting, anywhere, anytime, through
a seamless, single-account betting platform powered by
technologies from both companies. Quicksilver Sports customers
will soon be able to wager on any sporting event, using the touch
screen capability of the mobile device and the user-friendly
wireless interface and will have full access to their wagering
account details.
"The potential for wireless wagering is huge and we're very
excited to offer this unique option to our customers" said John
McBride, Director of Operations at Quicksilver Sports Ltd. "Our
customers want the access and the ability to wager anywhere,
anytime and with Phantom Fiber down time will never be an issue.
We have experienced wonderful things with Phantom Fiber's
state-of-the-art wireless technology and believe that the strong
partnership between Phantom Fiber and IQ-Ludorum allows us to
pursue the Asian market more effectively based on the strength
and flexibility of their core technologies and the valued market
knowledge both companies bring to the table. The launch of this
valuable new product is expected to be a real winner for us."
Jeff Halloran, President and CEO of Phantom Fiber said, "The
launch of Quicksilver Sports continues to validate IQ-Ludorum's
confidence in our wireless technology and further highlights the
strength of the partnership and our shared goal of expanding
wireless wagering into the mass market. With over 45 operators
using IQ-Ludorum's Internet betting platform and plans to
wirelessly enable their casino and horse race betting products in
the near future, we couldn't have chosen a better partner to make
wireless gaming a mainstream reality."
As a 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 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 Phantom Fiber Inc.
Phantom Fiber Inc., a wholly-owned subsidiary of 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.
Pivotal Self-Service Technologies Inc.
Pivotal Self-Service Technologies Inc., through its operating
division Pivotec, is a distributor and sales representative of
high quality electronic products. Pivotec is also preparing to
launch the distribution of various license-based products.
Pivotal through its wholly owned subsidiary Prime Battery
Products Ltd. has an exclusive agreement for the distribution of
the Konnoc brand of batteries and flashlights throughout North
America.
About IQ-Ludorum plc
IQ-Ludorum plc is a leader in the E-Gaming Industry, providing a
unique, integrated architecture for the operation of
best-in-class gaming services across all digital media. A
publicly held company with offices in the UK, North America, and
throughout the Caribbean, IQ-Ludorum trades on the London Stock
Exchange's Alternative Investment Market (AIM) under the symbol
IQL.L.
About Quicksilver Sports Ltd.
QuickSilver Sports Ltd. is located in Jamaica and has been in
operation online since May 2001. Our purpose is to provide
quality entertainment to individuals who enjoy wagering on the
Internet and our focus is to deliver unparalleled gaming services
to gamblers worldwide.
Our Integrity and Financial Strength is second to none while our
clients enjoy the most authentic and secure online gaming
experience on the Internet. QuickSilver Sports offers a real-time
wagering solution with a multi-featured sport book, complete with
live racing in our racebook, HorseParlor.com and secure online
casino, Mahoganycasino.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Redwood Consultants LLC
Jens Dalsgaard
Managing Director
415 884 0348
JNSD@aol.com
or
Phantom Fiber Corporation
Alexander S. Bosika
Director, Marketing & Corporate Branding
416 703 4007
alexb@phantomfiber.com
or
IQ-Ludorum plc
John Roberts
General Manager - Marketing
+44 20 7932 2451
marketing@iq-l.com
or
Quicksilver Sports Ltd.
John McBride
Director of Operations
1 888 350 2122
support@quicksilversports.com
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