SOURCE: Diamond I, Inc.

March 11, 2008 13:23 ET

Diamond I's Free Poker Web Site Sees Monthly Hits Up Over 65%, Click-Through Ad Revenues Up

IslandBlueCasino.net Averaging Over 25,000 Distinct Hits Through February Up From 15,000 in November

BATON ROUGE, LA--(Marketwire - March 11, 2008) - Diamond I, Inc. (OTCBB: DMOI) announced today that its free Poker web site, www.IslandBlueCasino.net, entertained over 25,000 distinct hits through February 2008, a 66% increase over November 2007's number of hits. The increased site traffic allowed for IslandBlueCasino.net to continue to derive monthly revenues from its click-through advertising program with Amazon.com. IslandBlueCasino.net will announce the first award of prizes to top winners later this month.

"IslandBlueCasino.net has shown itself to be an attractive online destination for Poker lovers," said DMOI's CEO David Loflin. "Given the volume of continuing traffic to IslandBlueCasino.net, we fully expect that our click-through advertising programs will continue to generate revenues."

Island Blue Casino, DMOI's first free online Poker site, is a for-entertainment-only site and is legal for users in the United States. This Poker website, as well as planned future web sites, has been designed to create a revenue stream for the company, through the use of a click-through advertising programs, like Amazon.com and Google AdSense.

DMOI continues to finalize its "GS3" hand-held gaming unit that is the key facet of its WifiCasino GS gaming system.

About Diamond I, Inc. (http://www.wificasino.net)

In addition to its first free online Poker site, IslandBlueCasino.net, DMOI has determined to diversify its business interests, with an initial effort focused on the oil and gas industry. DMOI expects to announce other diversification initiatives in the future.

Recently, DMOI opened its first free online Poker site, IslandBlueCasino.net, a for-entertainment-only site legal for users in the United States. Island Blue Casino was designed to create a revenue stream for the company, through the use of click-through advertising programs, such as that offered by Amazon.com. Starting in November 2007, DMOI has derived revenues from this web site.

In addition, DMOI owns the rights to patent-pending voice-recognition and fingerprint biometric security technologies. These security technologies will be incorporated into DMOI's WifiCasino GS wireless, hand-held gaming system, which includes the hand-held gaming unit known as the "GS3." With the passage of Nevada Law AB471, which authorizes the use of mobile communication devices for gaming in public areas in Nevada casinos. DMOI continues to seek a hotel/casino to serve as the demonstration site for its WifiCasino. To that end, in a letter of intent, The Palms Resort and Casino has agreed to continue to develop a working relationship relating to DMOI's WifiCasino and, assuming DMOI continues to meet certain standards, The Palms stated that it intends to pursue an opportunity with DMOI.

Forward-Looking Statements

Certain statements contained herein 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 herein 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 DMOI'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 DMOI believes the statements are reasonable, it can give no assurance that such expectations will prove correct. DMOI cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.

Contact Information

  • Contact:
    Diamond I, Inc.
    David Loflin
    225-341-4004