SOURCE: DeFi Global, Inc.

DeFi Global, Inc.

October 18, 2010 07:00 ET

DeFi Global Signs Agreement With Desert Poker, LLC to Enter Mobile Social Gaming Market -- First Application Targets the Over 400 Million Mobile Facebook Users

SCOTTSDALE, AZ--(Marketwire - October 18, 2010) - DeFi Global, Inc. (PINKSHEETS: LCHL) announced today that it has entered into an agreement with Desert Poker, LLC, developers of the interactive online poker gaming site, to launch its tournament-style games to users of Facebook. The social gaming platform will be accessible from the Facebook portal, the Apple iPhone and mobile devices using the Android operating system. About one in four, or over 400 million Facebook users, access their social networking platforms using their mobile devices.

More than 70% of all Facebook users engage in platform applications. Among online games, the top poker player site draws over 28 million active users on Facebook each month. "Utilizing DeFi Mobile's customized, private label mobile application software, we are tapping into the growing number of Facebook users who access the site using their iPhone, iPod touch, iPad and Droid devices," said Bobby Perillo, founder and managing partner of Desert Poker, LLC. "DeFi Global enables us to create a feature-rich set of tools, interactive tutorials and a sweepstake-style cash and prize reward program that delivers all the bells and whistles of a real poker game. will allow users to set-up private tables, invite their friends and keep track of the group's leaderboards. This represents a truly personalized social gaming experience unlike anything on the market today."

Jeffery Rice, CEO of DeFi Global, Inc., said, "Our agreement with Desert Poker marks our entry into the explosive online gaming sector. In the U.S., spending on video games using mobile phones is expected to grow from the $4.7 billion in 2009 to $11.4 billion by 2014. We believe this landmark project will demonstrate how DeFi Mobile can establish an early leadership role in the rapidly evolving mobile social gaming market." Additional details, including the game's features and plans for launch, are forthcoming.

About DeFi Global, Inc.
Founded in 2006, DeFi Global is a technology company and a global network service provider that develops and delivers a wide variety of services, applications, products and solutions for business customers. With U.S. headquarters in Scottsdale, AZ, and network points of presence around the world, the Company leverages the carrier-grade architecture of its private IP network, and its suite of proprietary software applications in a hosted environment to deliver end-to-end communications solutions to carriers, mobile operators, cable operators, ISP's and large enterprise businesses. The DeFi network is designed to empower customers to develop or adopt new products and services that go beyond the traditional limitations of legacy networks, older technologies and constraints caused by limited network bandwidth, cost, capacity and quality. For more information, please visit

This Press Release contains "forward-looking statements" that are based on current management's expectations. Statements that are not historical facts are identified as "forward-looking statements". The words "estimate," "project," "intend," "expect," "believe," "plan," and similar expressions, particularly when used in the "future tense", are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. These forward-looking statements are necessarily estimates, reflecting the best judgment of senior management that rely on a number of assumptions concerning future events, many of which are outside of the Company's control, and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements.

These uncertainties, among others, include the success of the Company in obtaining sufficient equity and debt capital on commercially reasonable terms to carry out its business plan, whether its services will find acceptance in the market place and generate significant sales and profits, the status of US and World economies, and various other factors. No assurance can be given that any of the assumptions relating to the forward-looking statements specified in the following information are accurate, and we assume no obligation to update any such forward-looking statements. You should not unduly rely on these forward-looking statements, which speak only as of the date of this Press Release. Except as required by law, we are not obligated to release publicly any revisions to these forward-looking statements to reflect events or circumstances occurring after the date of this Press Release or to reflect the occurrence of unanticipated events.

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