UK Mobile Deal For Phantom Fiber

Published: Tuesday, May 02, 2006 Online-Casinos.com

UK MOBILE DEAL FOR PHANTOM FIBER

5 year agreement will see soft and sports gaming offered via mobile technology

Phantom Fiber Corporation has signed a joint venture mobile gambling agreement with British software provider GTS Plc in which both parties will share in the revenue generated from mobile players.

In terms of the deal, GTS Plc will provide its established clients the capability to offer end users games and other offerings in a wireless format that can be enjoyed globally on more than 1000 different kinds of cell phones and other handheld devices through Phantom wireless technology.

Based in the UK, GTS Plc supplies games to many of the world's most successful online gambling businesses. Overall GTS Plc's wide catalogue of "white label" applications range from games of skill, such as horse racing and boxing, to games of chance, such as card, dice and "Smart", challenge based games.

Jeff Halloran, President and CEO of Phantom Fiber Corporation commented: "Fixed odds games such as scratch cards and lottery tickets, as well as virtual games, such as horse racing and boxing, are extremely popular on the Internet. Capitalizing on this growing trend, GTS Plc's management team is able to deliver unique soft gambling games that are so well done that they enhance play and keep players loyal. In the hyper-competitive global gambling industry, this gives GTS Plc's clients a valuable edge. Now we can give them an even greater edge: adding in Phantom Fiber's Advanced Wireless Platform."

People play mobile games mainly because they are bored or have time to fill, Halloran adds. "That's why they appreciate having a wide range of entertaining options which can be enjoyed anywhere on their phone or PDA. And GTS Plc can assist their clients by delivering those choices, with a rich and popular portfolio of games they can offer their existing or new customer, whether it is a game of virtual racing, boxing, jackpot Hi- Lo, scratch cards, lottery, dice, "Quick Click," or some other programs that we can make available to them wirelessly."

Steven Matsell Director of Business Development for GTS Plc commented: "The audience for mobile games and gambling is growing rapidly. Add to that the wider acceptance of mobile gaming globally and the momentum seen from the industry itself - which includes device manufacturers, wireless network providers and service providers. All this led us to recognize that the time was right to help our clients expand their existing businesses with a mobile offering."