SILVERDALE, Wash., Oct. 9, 2008 (GLOBE NEWSWIRE) -- Castle Technologies, Inc. (Pink Sheets:CSTL) is pleased to announce that the Company has finalized the design phase of its new gaming software as it prepares to enter the international multi-player online poker market. The online poker industry is growing at a phenomenal rate. Today there are more than 200 online poker Web sites in operation, and more than 370,500 people play for real money every day.
Castle Technologies' patent-pending software is distinct in its ability to provide progressive jackpots within the game itself, creating the same excitement experienced in actual casinos and poker tournaments. Castle Technologies will license its software to offshore corporations, primarily in Europe, Asia and South America, which have the legal means to conduct online gambling activities and provide licensing, software maintenance marketing assistance and unmatched customer service to support its customer base.
"We're very excited about this new gaming software. What makes this software so unique is the progressive payouts on played poker hands. That's never been done before in any online gaming software and I expect gamers will be pleasantly surprised by this new feature," stated David Comeau, President and CEO of Castle Technologies, Inc.
Castle Technologies' software will provide all of the features normally associated with online gaming such as player account maintenance, chat capability and state-of-the-art graphics. The Company offers more features than traditional online casinos, including easy-to-navigate Web pages, the latest in Web animation and straight forward betting actions with the ability to play multiple games at the same time.
About Castle Technologies, Inc.:
Castle Technologies is a software development and servicing company specializing in providing innovative Web based gaming to the growing international online population. Its market focus is the multi-player poker enthusiast that has continued to spread internationally and grow at a phenomenal rate. The Company will license these products and services to offshore companies, and receive royalties based on the usage of the systems and support in place.
Safe Harbor Act: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.