Welcome!

iPhone Authors: Natalie Lerner, Gilad Parann-Nissany, Carmen Gonzalez, Elizabeth White, David H Deans

News Feed Item

ProGaming Platforms Inc. Signs Joint Venture/Co-Development Agreement With Zenetek to Enter 600 Million Dollar Southeast Asia Gaming Market

NEW YORK, February 19, 2013 /PRNewswire/ --

ProGaming Platforms Corp. (OTCBB: PPTF) (OTCQB: PPTF) (Pinksheets: PPTF), developer of a commercial multiplayer online gaming and reward processing platform, today announced that it. has signed a Joint Venture agreement with Zenetek LLC to market the Company's online gaming services in the Southeast Asia market. ProGaming's robust platform is able to host anywhere from 2 to 4000 competitive gamers at the same time.

According to Niko Partners, a leader in Asian Video Game Market Intelligence, Revenues for Online Gaming will Exceed USD 1 Billion by 2016.  Using real-world industry- generated statistics, Niko also predicts that there will be 117 million gamers throughout the Southeast Asian emerging markets, generating more than $1 billion in revenue per year, which revenues  are expected to increase exponentially for the next decade.

Pursuant to the Joint Venture agreement, Zenetek will be granted exclusive representation/distribution rights  for China, Taiwan, Hong Kong, Vietnam, Singapore and Indonesia markets for a twelve month period.

Our platform's first commercial use, for which Zenetek will be using Progaming's state-of-the-art puzzle game, will be serving the online advertising industry by allowing different organizations to hold multiplayer tournaments for the purpose of increasing traffic to their designated  Web sites.  The next phase of our puzzle game's development will focus on implementing API to provide an innovative and interactive rewards-based puzzle gaming experience to users. In parallel, Zenetek will dedicate marketing efforts to sell ProGaming's patented GER (Game event record) generic platform to gaming saloons and virtual gaming  farms to allow  gamers to turn  their skills to money.  ProGaming's new puzzle game enables jigsaw puzzle enthusiasts to take their hobby to a whole new level. With the puzzle game, participants can compete against other players in a race to complete a virtual jigsaw puzzle. Players are rewarded points for each piece they correctly place according to the positioning of the piece. Each puzzle includes a background image to guide players, and when a player successfully places a piece of the puzzle, that piece will "jump" into its correct position on the screens of all participating players, eliminating the puzzle piece from play for other players but awarding points to the player who placed it.

Unique features of ProGaming's puzzle game include a "Scramble" button to aid players when they have a large number of puzzle pieces on the screen -- a feature not commonly found in puzzle games; and special puzzle pieces, such as golden pieces, that are worth extra points when a player successfully places the piece. Features under development include the ability of players to post their scores to top Vietnam-based social networking sites such as Go.vn and to invite currently playing users through the use of API, as well as transform user scores into reward coins. We are also developing an online shop that will allow users to purchase various accessories for the puzzle game using their scores, coins or reward credits.

Mr. Robinson To, CEO of Zenetek, stated, "This joint venture with ProGaming provides us with the platform to gain tremendous market share for our gaming platform for years to come and has great potential to increase revenues for both ProGaming and Zenetek. Based upon the increases we have seen in gaming and mobile gaming in the US and more 'Western' markets, the Asian cultures and their affinity for gaming will far surpass the US.  In many ways, the Asian markets in our sector already have experienced significant increases and Zenetek is gaining market share at a rapid pace.  Our joint venture with ProGaming Platforms will only accelerate that pace. "

"We are very excited about our extraordinary opportunity working with Zenetek to capture a significant share of the fast-growing Southeast Asian gaming market" said Erez Zino, ProGaming's CEO.  . "This opportunity comes at a strategic time for us to showcase the exciting, robust capabilities of  our Platform, which can  turn virtually any Web-based game into a lucrative, rewards-based competitive game of skill."

"With the explosive growth of Asian social networking platforms on the Internet, users are increasingly demanding quality online entertainment that is interactive, fun and challenging. ProGaming's new puzzle game answers that call and more," Erez Zino concluded.

A demonstration of ProGaming's new puzzle game and generic GER tech usage  can be viewed on the Company's product Web site at the following link: http://www.progamingcorp.info.

About ProGaming Platforms Corp.

ProGaming Platforms has developed the ultimate gaming platform for the Internet's ultimate games. The platform automatically and accurately determines game winners from an unlimited pool of players, and automatically pays monetary reward payouts. The platform can be integrated into any existing billing system, can be licensed by any online gaming provider, and can sit on any third-party server.

Learn more about ProGaming Platforms Corp. at http://www.progamingcorp.com.

About Zenetek LLC. (http://www.zenetek.com)

Zenetek is a wholly-owned subsidiary of Anything Technologies Media (OTC: EXMT), with a total of 10 full-time employees and affiliates.  Zenetek's management team consists of experienced marketing, software development, and finance personnel, with over 75 years combined experience in all aspects of software development.  The Marketing Director and Founder of Zenetek has over 25 years of experience in software development, having personally secured and executed over $75million in contracts from prior IT consulting projects with a number of US States, major metropolitan US cities, and Fortune 500 and 'Blue-Chip' companies.  Zenetek has a variety of ongoing initiatives ranging from standard development to iPhone and Android Application Development.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. All forward-looking statements are inherently uncertain, and are based on current expectations and assumptions concerning future events and the future performance of ProGaming Platforms Corp. and its technologies. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in our public filings with the Securities and Exchange Commission, as actual results may differ materially from those indicated. ProGaming Platforms Corp. public filings may be viewed athttp://www.sec.gov.

Contact:
Erez Zino
CEO
[email protected]
+1-917-522-8377


SOURCE ProGaming Platforms Corp

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things' get connected, people will rely on DNS to name and find their fridges, toasters and toilets. According to a recent IDG Research Services Survey this rate of traffic will only grow. What's driving t...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With "smart" appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest, a Google company, detects temperatures inside homes and automatically adjusts it by tracking its user's habit. These technologies are quickly developing and with it come challenges such as bridging infrastructure gaps, abiding by privacy concerns and making the concept a reality. These challenges can't be addressed w...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect at Hookflash, will walk through the shifting landscape of traditional telephone and voice services ...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...

An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the real benefits to focus on, how to understand the requirements of a successful solution, the flow of ...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work ac...
C-Labs LLC, a leading provider of remote and mobile access for the Internet of Things (IoT), announced the appointment of John Traynor to the position of chief operating officer. Previously a strategic advisor to the firm, Mr. Traynor will now oversee sales, marketing, finance, and operations. Mr. Traynor is based out of the C-Labs office in Redmond, Washington. He reports to Chris Muench, Chief Executive Officer. Mr. Traynor brings valuable business leadership and technology industry expertise to C-Labs. With over 30 years' experience in the high-tech sector, John Traynor has held numerous...
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.