HOUSTON, May 2, 2005 (PRIMEZONE) -- Summit Entertainment Group, Inc. (Pink Sheets:SETG) http://www.summitentgroup.com is proud to announce that its online gaming casino, sportsbook, bingo and "One of a kind" LIVE poker is now open for business at http://www.luckysummit.com.
Lucky Summit links players from around the world to play poker against each other in real time, for fun money or real money. Play Texas Hold'em, Omaha, 7 Card Stud and Hi/Lo in one of our many online poker rooms. www.luckysummit.com offers Free Play Mini League competition, Freeroll Tournaments, a monthly trip to Las Vegas and a seat at our annual WSOP Satellite - with a lucky winner going to the World Series of Poker.
John D. Jarvis, president of Summit Entertainment, stated, "Party Poker is a perfect example of the growth in online poker. This site started in 2001 and in the last 12 months has increased its membership base by nearly 5000 per cent, establishing itself as one of the biggest and most profitable sites on the net. Party Poker is expected to float next year for around 5 Billion USD." He concluded, "I know that our software can compete with Party Poker's, I also believe that these numbers are obtainable by Lucky Summit's Online Casino if our Summit Media Services, (SMS) http://media.summitentgroup.com, division dedicates themselves to the same kind of success in promotion that Party Poker has accomplished."
Madison Systems Inc. (Pink Sheets:MADI) http://www.Madisonsystemsinc.com, through its newly acquired Ikonsoft Ltd, has developed the "Cutting Edge" software to be used in the release. This marks Summit's introduction into the online gaming segment and should be a wonderful complement to the focus of Summit's Land and vessel based business plan. Ikonsoft has been developing and refining its online gaming technology and operational expertise for over five years. "We are not a patchwork of loosely coupled technology partners. Instead, we built every component from the ground up to be seamlessly integrated for superior, reliable operations and enhanced security, with a sophisticated gaming engine, advanced front-end graphical interfaces, comprehensive back-end eCommerce system, fraud screening utilities, data mining tools, and expansive internationalization," said Donald McNally, chairman of Madison Systems Inc.
In concert with this announcement we are also proud to announce that Summit Entertainment Group is in the final stages of launching "Summit Radio." Summit Radio will be produced and brought to you by John D. Jarvis of Summit Entertainment. The show features Summit Entertainment's president John Jarvis and, other key staff members, as well as a constant variety of interesting guests. The show will NOT be an infomercial for Summit Entertainment. Rather, it will explore the often-dicey issues that affect Internet users, online casinos and other online businesses. We also hope to be covering LIVE events such as the WPT and other major casino events.
We will offer a variety of ways to listen to Summit Radio. An on-the-air link will display at the top of our Summit Radio website to allow you to listen to a live stream in real time; tune in to the show on Real Networks, Shout Cast, Podcast and Microsoft Media. We also envision to be simulcast on XM satellite radio networks, as well as on select AM radio stations in the near future.
About Summit Entertainment Group Inc.
Headquartered in Houston, Texas, Summit Entertainment Group, Inc. (Pink Sheets:SETG) aspires to be a leading diversified owner and operator of multiple entertainment properties, including developments located in Las Vegas, Reno, Nevada and Louisiana. Summit Entertainment Group's press releases are available at the company website located at http://www.summitentgroup.com or www.knobias.com. Additional news and information on Summit can be obtained by contacting the company directly at (281) 255-9424
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