Diamond I to Pursue Gaming License for WifiCasino GS in the Philippines
Wednesday February 16, 10:16 am ET
Company Signs Representation Agreement with Established Gaming Consultant
BATON ROUGE, La.--(BUSINESS WIRE)--Feb. 16, 2005--Diamond I, Inc. (formerly AirRover Wi-Fi Corp.) (OTCBB
MOI - News), a Wi-Fi-based communications solutions company, today announced its intention to seek a gaming license in the Republic of the Philippines, relating to its WifiCasino GS(TM) wireless hand-held gaming system. To facilitate its obtaining a gaming license from the Philippine Amusement and Gaming Corp. (PAGCOR), the Philippines' gaming regulatory body, Diamond I has secured the services of YCOM, a privately-held, Philippines-based sales and marketing firm with experience in the procurement of gaming licenses in the Philippines.
"Since our acquisition of Diamond I Technologies, we have been aggressively pursuing venues for our novel WifiCasino GS gaming systems," said David Loflin, Diamond I's president. "Our move towards obtaining a gaming license in the Philippines is just the first of what we expect to be many similar moves in the future," added Mr. Loflin. Mr. Loflin also noted that Diamond I has begun the process towards its obtaining a gaming license in certain states.
About Diamond I, Inc.
Diamond I, Inc. is a development-stage company that focuses on bringing new Wi-Fi-based products to market, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino GS Concierge and Gaming System"(TM). The company also provides Wi-Fi Internet access in Louisiana, Arizona, Maryland, Pennsylvania, Nebraska and Washington, D.C. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz.
Forward-Looking Statements
Certain statements in these interviews and news releases may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. Certain statements contained in the interviews are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of Diamond I's products and services and markets for such products and services, the timing and level of customer orders, competitive products and service, changes in economic conditions and other risks and uncertainties. Although Diamond I believes the statements are reasonable, it can give no assurance that such expectations will prove correct. Diamond I cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.
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Contact:
Diamond I, Inc., Baton Rouge
David Loflin, 225-923-1034
dloflin@diamonditech.com
Wednesday February 16, 10:16 am ET
Company Signs Representation Agreement with Established Gaming Consultant
BATON ROUGE, La.--(BUSINESS WIRE)--Feb. 16, 2005--Diamond I, Inc. (formerly AirRover Wi-Fi Corp.) (OTCBB
MOI - News), a Wi-Fi-based communications solutions company, today announced its intention to seek a gaming license in the Republic of the Philippines, relating to its WifiCasino GS(TM) wireless hand-held gaming system. To facilitate its obtaining a gaming license from the Philippine Amusement and Gaming Corp. (PAGCOR), the Philippines' gaming regulatory body, Diamond I has secured the services of YCOM, a privately-held, Philippines-based sales and marketing firm with experience in the procurement of gaming licenses in the Philippines. "Since our acquisition of Diamond I Technologies, we have been aggressively pursuing venues for our novel WifiCasino GS gaming systems," said David Loflin, Diamond I's president. "Our move towards obtaining a gaming license in the Philippines is just the first of what we expect to be many similar moves in the future," added Mr. Loflin. Mr. Loflin also noted that Diamond I has begun the process towards its obtaining a gaming license in certain states.
About Diamond I, Inc.
Diamond I, Inc. is a development-stage company that focuses on bringing new Wi-Fi-based products to market, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino GS Concierge and Gaming System"(TM). The company also provides Wi-Fi Internet access in Louisiana, Arizona, Maryland, Pennsylvania, Nebraska and Washington, D.C. The term "Wi-Fi" (wireless fidelity) refers to an industry standard for wireless equipment that meets published 802.11(x) standards. Wi-Fi equipment operates in unlicensed spectra, such as 2.4 and 5.8 Ghz.
Forward-Looking Statements
Certain statements in these interviews and news releases may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. Certain statements contained in the interviews are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of Diamond I's products and services and markets for such products and services, the timing and level of customer orders, competitive products and service, changes in economic conditions and other risks and uncertainties. Although Diamond I believes the statements are reasonable, it can give no assurance that such expectations will prove correct. Diamond I cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.
--------------------------------------------------------------------------------
Contact:
Diamond I, Inc., Baton Rouge
David Loflin, 225-923-1034
dloflin@diamonditech.com
