LONGWOOD, Fla., May 21, 2008 (PRIME NEWSWIRE) -- Castle Technologies, Inc. (Pink Sheets:CSTC) is pleased to announce that the Company has named David Comeau as president and CEO following the resignation of Mark C. Kaley as president and CEO. Mr. Comeau has a decade of experience in the gaming and information technology industries. He held executive positions at the Suquamish Clearwater Casino and was a top consultant in the start-up for the Ponderay Cafe & Casino in the State of Washington.
Castle Technologies, Inc. specializes in providing innovative solutions to the growing international online gaming industry. Its unique gaming software provides all the features and security levels to compete in the gaming industry. What differentiates itself from the competition is its ability to pay progressive payouts on played poker hands -- a first in the industry.
"This is an exciting time in the online gaming industry and I look forward to leading the Company through a period of rapid growth and development. The multi-player online poker market is growing at an incredible pace and we are perfectly positioned to capitalize on the surge in popularity," stated David Comeau, President and CEO of Castle Technologies, Inc.
"I am really excited about the future of Castle Technology, and I believe the company and its shareholders are positioned for success," stated Mark C. Kaley, former President and CEO of Castle Technologies, Inc.
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.