SOURCE: Kenilworth Systems Corporation

November 10, 2010 08:00 ET

Kenilworth Systems Expands Internationally

MINEOLA, NY--(Marketwire - November 10, 2010) -  Kenilworth Systems Corp. (PINKSHEETS: KENS) today announced a significant step forward in the corporate restructuring designed to focus the Company's efforts to maximize shareholder value. 

Dan W. Snyder III, President and CEO, said, "I am pleased to report that the management team has made significant progress in implementing the plan approved by the Directors only a few weeks ago."

"The Company has successfully completed the formation of subsidiary KenSysCo International Ltd. in Antigua, West Indies. Antigua, long known as one of the best regulated international gaming countries in the world, is the ideal location for KenSysCo International to aggressively market the Kenilworth technology," Snyder noted.

"KenSysCo International is to conduct all operations related to use of the Kenilworth patents by licensed gaming operators outside of the USA. This move provides a significant opportunity to follow up on the interest expressed by substantial casino and online gaming operators in the Caribbean, Central America and Around The World."

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 Mineola, New York.

FORWARD-LOOKING STATEMENTS

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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