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THIS CONTRACT PROVIDES AN IMPORTANT INSIGHT INTO THE POTENTIALLY UNENDING REVENUE POTENTIAL PHANTOM FIBER HAS!
Take a quick look at this! Revenue from gaming is huge and never slumps!
Phantom EFX, the leading developer and publisher of interactive card and casino titles for PC and Mac has entered into a multi-year contract with Phantom Fiber Corporation.
Wireless transactions are crucial to support a company specializing in the gaming and entertainment sector.
Phantom Fiber will port several of Phantom EFX’s most popular games to more than 1,000 mobile devices, including cellular phones and PDAs.
The downloadable games will have the capacity to connect to a real-time, online gaming community or be played independently in a non-connected mode.
Phantom Fiber’s original team came from an extensive financial background having built a wireless application for a large Canadian bank. The applications, built entirely on the Phantom Fiber Wireless Framework, are secure. Even financial institutions can use Phantom Fiber to extend a customizable version of their internet functions to their clients.
This application is Phantom Fiber’s stock in trade! They do NOT have a “one size fits all” enterprise solution. Their solutions require extensive customization and consulting services which generate consulting fees coupled with an enterprise based license model.
This is the most sought after revenue model on the planet: recurring monthly revenue. Just like your cell phone will ultimately be the small ticket purchase and the monthly fee the big ticket item so it is for Phantom Fiber. There will be a recurring revenue stream AFTER the fees to customize the program are earned.
With Phantom Fiber’s broad reach and support, gaming operators can focus on growing their mobile business to a worldwide audience without forcing mobile customers to use a particular mobile device due to limited support.
Source: Phantom Fiber Inc.
Phantom EFX
Jim Thompson
319-266-1999
JimT@phantomefx.com
Phantom Fiber Corporation
Investor Relations
416-703-4007 ext. 700
ir@phantomfiber.com
Phantom Fiber Corporation 144 Front Street West, Suite 580
Toronto, Ontario
Canada, M5J 2L7
Phone: (416) 703-4007
USA Only: (866) 267-8284
Website: www.phantomfiber.com
About Phantom Fiber Corporation
Phantom Fiber Corporation (OTCBB: PHFB) is a leading developer of wireless platform software that enables its customers to deliver high-performance applications across global communications networks to mobile users. Their wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to over 1,600 mobile devices including cellular phones and PDA’s. This platform is already deployed to most segments of the global gaming industry and can be used by enterprises seeking to implement high performance mobile applications in such markets as: remote video surveillance; banking and brokerage applications; as well as the logistics and distribution markets. For more information about Phantom Fiber, please visit our web site at www.phantomfiber.com.
Forward-Looking Statements:
In this press release we make “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as “may,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” “anticipate,” “could,” “potential,” “opportunity,” or similar terminology. These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual outcomes may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; technological change; retention and renewal of existing contracts; availability and adequacy of cash flow to satisfy obligations and indebtedness or future needs; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; seasonality; dependence on suppliers and manufacturers; factors associated with foreign operations; dependence on key personnel; failure to perform on contracts; resolution of pending or future litigation; labor matters; and stock price volatility. Additional information regarding risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
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