MONTREAL, April 30, 2007 (PRIME NEWSWIRE) -- Dynasty Gaming Inc. (TSX-V:DNY) (OTCBB:DNYFF) is pleased to announce that the Government of China has granted to its Chinese operating partner, 95Joy, its product approval of Dynasty's play-for-points Mahjong software. The Internet play-for-points version of Mahjong is now fully accessible to the approximately 100 million registered users of Sohu at its games portal, (http://games.sohu.com/mj/index.htm), and to purchasers of prepaid cards on the MJworldcup site (www.mjworldcup.com), which is operated by 95Joy.
"This product approval now clears the way for Dynasty to begin generating revenue from its China strategy," said chief executive Albert Barbusci. "We are very excited about launching the Mahjong game with Sohu and our prepaid card distributor, Beijing Junnet Online E-Commerce Limited ("Junnet"). Prepaid cards for use on the MJworldcup site will initially be distributed and sold in over 7,000 Internet cafes managed by Junnet, China's leader in this industry. We are confident that the opportunity to qualify for a seat at a World Cup of Mahjong tournament will attract Mahjong players in China to the Internet sites offering this game."
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Forward-looking Statements
This press release contains certain forward-looking statements with respect to the Corporation. These forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated. We consider the assumptions on which these forward-looking statements are based to be reasonable, but caution the reader that these assumptions regarding future events, many of which are beyond our control, may ultimately prove to be incorrect.
About Dynasty Gaming Inc.
In cooperation with Beijing-based 95Joy, Dynasty Gaming, through its wholly-owned subsidiaries, is aggressively pursuing agreements with major companies in the People's Republic of China for the development, marketing and distribution of government-approved online applications for its proprietary Mahjong software. Success to date includes the establishment of a relationship with Beijing Junnet Online E-Commerce Limited (www.junnet.cn), one of the largest prepaid card distributors in China, for the marketing and distribution of prepaid cards for accessing a play-for-points version of Mahjong on sites in China. Dynasty has also entered into a partnership with Sohu.com Inc. (www.sohu.com), one of China's most widely used interactive online sources for information, entertainment and communications incorporating a leading portal with more than 100 million registered users.
Dynasty's relationship with Sun Media Investment Holdings Ltd. (www.chinasunmedia.com), China's largest privately owned multi-media provider, represents a powerful channel through which to create enhanced awareness of an online version of Mahjong, a national sport in China. An agreement also exists with SSI (www.sino.com) covering welfare lotteries, which further expands the range of distribution channels through which Dynasty-sourced content will be marketed and managed in China. An agreement with Las Vegas From Home.com Entertainment Inc. (www.lvfh.com) allows Dynasty to provide all of its marketing channel partners with its own Mahjong game together with LVFH's full suite of popular Asian-style specialty games. Commencement of multi-site online play of Mahjong in China is expected to begin in April, 2007. Competition for seats at a World Cup of Mahjong event, scheduled for June 2007 in Macau, PRC, will serve as an incentive for a large universe of players.
Dynasty Gaming's 92.2 million common shares, issued and outstanding, are widely held by Canadian and U.S. investors. Full information on Dynasty Gaming can be found at www.dynastygaming.com and on SEDAR (www.sedar.com) under Dynasty Gaming Inc.
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