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Diamond I Pushes on With UK Gaming Initiative

Diamond I, Inc. (OTC BB: DMOI, a developer of wireless gaming products, today announced that it is moving forward with its plans to enter the international online gaming software licensing business. Diamond I’s plan includes establishing a U.K.-based online gaming software licensing company.

In this regard, should Diamond I elect to exercise its option to acquire Touchdev Limited, a private U.K. company and the developer of internally derived and copyrighted gaming software products, Diamond I would be in a position to accelerate the launch date for its planned gaming software licensing activities.

"We are focused on pursuing all available gaming opportunities," said David Loflin, Diamond I’s CEO. "Since the passage of Nevada Law AB471, which provides for wireless gaming in casino public areas, we have been diligently following the regulatory process, but we are not content. We believe the overseas online gaming software market to be accessible to us and view the opportunity as an exciting complement to our WifiCasino GS products," Mr. Loflin added.

Touchdev Limited, a private U.K. company, is the developer of an array of internally derived and copyrighted gaming software products, with wireless PDA and cellular-phone-based capabilities. Touchdev has created 12 different games, including Texas Hold’em Poker (touchpoker.com).

Read the entire article at: marketWIRE 

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