SOURCE: Taj Systems, Inc.

October 31, 2006 08:30 ET

Record Breaking Month for Taj Systems, May Be New Industry Darling

HOLLYWOOD, FL -- (MARKET WIRE) -- October 31, 2006 -- Gaming software developer, Taj Systems, Inc. (PINKSHEETS: TJSS), experienced its best operational month to date this October. As a growth company, its success is directly related to and measured by the number of new accounts serviced during a calendar month. This month, Taj Systems serviced more new customer accounts for its licensees than any other month since inception, and now includes a player base spanning over 105 countries.

Web traffic also increased more than 200% during October for Taj Systems affiliate site,, despite President Bush signing into law a U.S. ban on Internet gaming transactions two weeks into the month. A key factor is Taj Systems' target market, the South Asian community. This market is rapidly becoming the new frontier for the gaming industry. Taj reported that a majority of new accounts opened during October were from India, further confirming the potential and viability of the Indian market.

Numbers don't lie. Gaming operators have already begun looking east, as have players, evidenced by the strong figures reported by Taj Systems during October. "The online gambling companies, particularly the large ones with large resources, that have ceased operations in the US have all said that they would refocus their efforts on other markets, and particularly the Asian markets," said Eugene Christiansen, chairman of Christiansen Capital Advisors LLC.

Industry experts including Christiansen also predict the online gaming sector will undergo a significant consolidation as larger gaming operators are sitting on substantial cash reserves and looking to penetrate the Euro-Asian markets. Taj Systems may be one of the best positioned companies for such an environment. Taj management would not elaborate, but confirmed increased interest in the company in recent weeks.

Additional information about the company may be found at

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The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not of historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

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