Diamond I Featured in E-CommerceTimes.com14 December 2005
Diamond I, Inc. (OTC BB: DMOI), a developer
of wireless gaming products, today advised that it was featured in the
December 11, 2005, edition of E-CommerceTimes.com (circulation over 1.5
million). In the feature, "Wi-Fi, You Can Bet On It!", Theodore F. di
Stefano, author of "You Can Buy a Business" (available on amazon.com),
discusses the exciting future of wireless gambling with products like
Diamond I's WiFiCasino GS™.
The Diamond I feature can be found online at:
http://www.ecommercetimes.com/story/HAl3UQaqKOTAei/WiFi-You-Can-Bet-On-It.xhtml.
About Diamond I, Inc.
Diamond I, Inc. is a development-stage company that develops wireless
gaming products, including a hand-held Wi-Fi-based gaming system for
on-premises use by casinos/resorts, known as "WifiCasino GS Concierge and
Gaming System"™. 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.
With the passage of Nevada Law AB471, which authorizes the use of mobile
communication devices for gaming in public areas in Nevada casinos, Diamond
I seeks to secure a Las Vegas hotel/casino to serve as the demonstration
site for its WifiCasino GS, in conjunction with its application for a
gaming license in Nevada. To that end, in a letter of intent, The Palms
Resort and Casino has agreed to continue to develop a working relationship
relating to Diamond I's WifiCasino GS and, assuming Diamond I continues to
meet certain standards, The Palms stated that it intends to pursue an
opportunity with Diamond I. Diamond I continues to seek venues in which to
establish its WifiCasino GS system, including other U.S. casinos and horse
and dog racing facilities. Diamond I has had preliminary discussions with
certain owners of cruise ships, certain owners of horse racing facilities
in the United States and dog and horse racing facilities outside the United
States.
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
225-288-4609
Email Contact
SOURCE: Diamond I, Inc.
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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