Taj Systems, Inc.

Taj Systems, Inc.

October 30, 2006 08:43 ET

Expansion Breeding Success for Taj Systems

TORONTO--(CCNMatthews - October 30, 2006) - Expansion into Canada last week with the first World Series of TeenPatti (WSOT) Qualifying Tournament proved to be very successful for software developer Taj Systems, Inc. (PINKSHEETS: TJSS). The event was held in the greater Toronto area Friday evening, and attended by hundreds of people despite inclement weather, proving a strong following for TeenPatti (Three-card) also exists in the Canadian market.

The WSOT, also known as the World Series of ThreeCard, is created and managed by Taj Systems. Following the enormous success of Poker, Taj Systems has established the bar every Three Card Poker and TeenPatti player strives to achieve, becoming the "world champion" of the increasingly popular card game. "Each sport or game must have a pinnacle point that all players want to achieve in order to be known as the best in the game. The WSOT is exactly that for three-card players worldwide," said Carl Gessner, President of Taj Systems. "We believe this creates a valuable brand in the WSOT within the next few years."

The company is essentially building a cross promotional marketing vehicle to ensure success for its online and land based businesses. Naturally, enthusiasts of the game who aim to play and win at the World Series of TeenPatti, will look to practice the game online, as so many Poker players have been doing for years. The plan is brilliant and has worked well for the Poker industry with both the World Series of Poker and online Poker companies breaking revenue and player base records year after year.

Recently, Taj Systems expanded its player base and added its 100th country, a significant milestone in achieving a truly international clientele. The company believes these customers will ultimately provide it with multiple revenue streams, beginning with gaming, but reaching far beyond into motion pictures and other media, along with potentially unlimited product marketing.

Management explained its intent to build immediate brand recognition within a global network, allowing it to be one of the strongest forms of communication to the Indian and South Asian community worldwide. If successful, the company has the ability to be an influential voice within South Asian culture, fashion, and entertainment, opening limitless potential for Taj Systems and its marketing clientele.

Taj believes its licensees, such as TeenPatti.com (aka ThreeCard.com), will also benefit greatly from its cross promotional strategies, which ultimately benefits Taj Systems' bottom line since Taj also earns as much as 25% of their gross revenues.

Based upon the success of its Toronto event last Friday, the company has announced that a minimum five city North American Tour schedule will soon be released, with the next event as early as December of 2006. More information about Taj Systems may be found at www.tajsystems.com. Additional information about the WSOT can be found at www.worldseriesofteenpatti.com.

Safe Harbor Statement:

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 is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact Information

  • Investor Relations