SOURCE: Kenilworth Systems Corporation

June 12, 2012 16:00 ET

Kenilworth Appoints Veteran Casino Executive to Advisory Board; Discloses Plans to Update Financials for OTC: QB listing

Company Moves Forward to Become Fully Reporting and Trading on the OTC: QB Market

UNIONDALE, NY--(Marketwire - Jun 12, 2012) - Kenilworth Systems Corp. (PINKSHEETS: KENS) announces that Mr. George Hedrick, Executive Managing Director of Kenilworth subsidiary KenSysCo Gaming, Inc., has been appointed to the Advisory Board of the parent company.

Mr. Hedrick is a seasoned marketing and casino management professional with unparalleled expertise in all facets of the gaming Industry. His professional experience includes positions as Vice-President of Corporate Marketing at Sun International Resorts representing Atlantis Paradise Island; Senior Marketing Executive for Mandalay Bay Resort and Casino; High-Limit Manager for Harrah's VIP Player Development; and Baccarat Manager and Casino Shift Manager at Caesars Palace Hotel and Casino.

Dan Snyder, Kenilworth CEO, stated, "Mr. Hedrick will play a key role guiding the commercial development of the Company's patented wagering technology."

Mr. Snyder also noted, "Kenilworth is well advanced in the process of updating the company financials and filing of our audited financials for the past 3 years, as well as the most recent SEC Form 10-Q. These steps are to bring Kenilworth into compliance with the SEC rules. We will also apply to FINRA to quote the company shares on the OTC: QB. The OTC: QB was created in 2010 to help investors identify small and emerging companies that are current in their regulatory reporting obligations and to facilitate electronic trading through a broad spectrum of broker-dealers."

"Kenilworth is now really on the move," Mr. Snyder said.

Kenilworth Systems Corporation is an integrated technology corporation with intellectual property assets and technical capabilities in the live online gaming sector. The Company is based in Uniondale, New York and has a subsidiary, KenSysCo Gaming, Inc., in Las Vegas, Nevada.


The information contained in this Press Announcement includes "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, and is subject to the safe harbors created thereby. Such information involves important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward looking statements herein. Future operating results may be adversely affected as a result of a number of factors.

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