LAKE TAHOE, Nev., Jan. 10, 2012 (GLOBE NEWSWIRE) -- Consorteum Holdings Inc. ("Consorteum" or the "Company"), soon to be Game2Mobile International Corporation, (OTCQB:CSRH), and its wholly owned subsidiary Tarsin, today announced the launch of its flagship product, CAPSA, the mobile wagering compliance platform.
CAPSA has a proven capability of bringing a universal solution to the problems of wagering and betting in the fractured world of mobile, where multiple different operating systems, user interfaces, and form factors create enormous barriers to launching commercial propositions. Named after the Latin for "container" or "holder," CAPSA is the result of half a million man-‐hours of investment and engineering effort to create a single, solid repository for content management and delivery of mobile betting, wagering and sports book offerings.
With CAPSA, gaming operators can now de-‐risk launching and monetizing innovative mobile wagering products and services quickly and robustly, and reach broad new revenue streams through a comprehensive mobile suite of distribution, marketing, location and payment capabilities.
"Having spent a decade learning the complexity of mobile publishing, and solving compliance challenges, we will now be the engine powering expansion onto the widest range of mobiles in whatever territories a gaming operator chooses," said John Osborne, Chief Executive Officer of Tarsin Inc. "Operators want to extend their brands and market reach by putting their loyalty programs, games and betting literally into the hands of their players."
He added, "People enjoy consuming media, content and games via their mobiles, and as US legislation begins to encourage gaming operators here to respond to that behavior, we can look forward to bold innovation in gaming and wagering."
Features and facts
The CAPSA wagering platform offers a suite of fully featured and proven technology solutions which are critical to the nature of placing a wager. Not the least are identity confirmation, geofencing by state or region, a suite of consumer billing options, and a high level of personal and corporate security including device authentication prior to each m-‐commerce transaction. Supporting professional services, design services and project management services enable full systems integration with back-‐end gaming infrastructures, web front ends and bricks-‐and-‐mortar operations. The platform supports marketing program integration and execution, ensuring high levels of distribution for operators, and ease of adoption for consumers. Its inbuilt scalability and resilience supports propositions launched on both national and international footprints.
With an ever-‐increasing rate of handset development and new device release, and an increasing number of manufacturers entering the mobile space, CAPSA ensures that hardware is supported upon production release, maximizing the addressable mobile market in real time. As of January 2012 CAPSA supports over 1500 handsets, smartphones and tablets from 49 manufacturers, is interoperable with 941 carriers and mobile operators worldwide including 196 in North America, and designs and publishes seamlessly across multiple variants of operating systems based on Apple, Android, Windows, Rim, Nokia, Java and BREW. Tarsin services operate in 32 languages plus a further 5 regional variants, publishing over 3 million mobile applications to consumers.
About Tarsin Inc
Since its inception in 2002, Tarsin has designed and developed a range of mobile services provided both inside and outside the mobile industry. Tarsin provides white-‐labeled mobile phone backup services across the spectrum of manufacturer, carrier and retailer, storing millions of contacts for customers of Motorola, Nextel, and Carphone Warehouse across 74 countries. Tarsin extended its publishing capabilities into the world of content and media, initially via a partnership with Hallmark Inc. proving the concept of interactive digital greeting cards with hundreds of thousands of consumer purchases. More recently Tarsin has gone on to archive 20 years of United Media's Dilbert comic content, and distributes the daily cartoon to 1.7million users. For more information about Tarsin Inc. please visit: www.tarsin.com
About Consorteum
The Company is a mobile publishing company focused on mobile offerings, delivery of mobile content, mobile payments solutions and products through a mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements. For more information about the Company, please visit: www.consorteum.com, www.tarsin.com, and www.mediaexchangegroup.com
The Game2Mobile International Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11338
Forward Looking Statements
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the Company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, its limited financial resources, domestic and global economic conditions, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws impacting the Company's business. More information about the potential factors that could affect the Company's business and financial results is included in the Company's SEC filings, available through the United States Securities and Exchange Commission.