SILVERDALE, Wash., Oct. 21, 2008 (GLOBE NEWSWIRE) -- Castle Technologies, Inc. (Pink Sheets:CSTL) is pleased to announce that the Company has released its White Paper titled "The Promise of Progressive" and is only available online through the Company's Website. The White Paper provides a unique insight to progressive-style Texas Hold'em and the online poker industry.
The newly released White Paper discusses the history of online gambling from its origins abroad in Barbados and Antigua, through its evolution and growth on the Internet. Despite legislation, online poker has become a fairly large global market. The white paper also discusses progressive jackpots, how they evolved from casino gambling machines into state-run lotteries and how they'll relate to Texas Hold'em in the development of Castle Technologies software.
"Progressive jackpots are a unique feature of our online gaming software. Each player has the opportunity to win a portion of this jackpot. We believe that progressive jackpots are an entertaining way of attracting additional online players for our licensees' and will result in increased revenue for the Company," stated David Comeau, President and CEO of Castle Technologies, Inc.
To obtain a copy of Castle Technologies' White Paper, please visit the Company's website and submit a request form at: http://www.castletechnologiesinc.com/index.php?option=com_wrapper&Itemid=48.
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.