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Webcast / Gambling From Summit


Published: Friday, May 06, 2005 Online-Casinos.com

WEBCAST / GAMBLING FROM SUMMIT

Ikonsoft used on new multi-purpose site

Summit Entertainment Group, Inc. is introducing online gambling activities with a new online gaming casino, sportsbook, bingo and "One of a kind" Live poker at Lucky Summit.com

The site links players from around the world to play poker against each other in real time, for fun money or real money. Action is offered on Texas Hold'em, Omaha, 7 Card Stud and Hi/Lo together with freeroll tournaments, a monthly trip to Las Vegas and a seat at the annual WSOP Satellite - with a lucky winner going to the World Series of Poker.

John D. Jarvis, president of Summit Entertainment claims, "I know that our software can compete with market leader Party Poker's, I also believe that these (financial) numbers are obtainable by Lucky Summit's Online Casino if our Summit Media Services division dedicates themselves to the same kind of success in promotion that Party Poker has accomplished."

Madison Systems Inc. subsidiary Ikonsoft Ltd, has developed the software for the venture. This marks Summit's introduction into the online gaming segment and should complement Summit's Land and vessel based gambling business plan.

Ikonsoft has been developing and refining 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 the launch of the new gambling site, Summit will be launching Summit Radio, which will explore the issues that affect Internet users, online casinos and other online businesses and cover live events such as the WPT.



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