SOURCE: Taj Systems, Inc.

November 13, 2006 08:30 ET

Million Dollar Homes and $100,000 Cars, Everybody's Getting Them

HOLLYWOOD, FL -- (MARKET WIRE) -- November 13, 2006 -- Taj Systems, Inc. (PINKSHEETS: TJSS)

You may think we are talking about the American dream, but guess again, this is fast becoming a way of life for the rapidly increasing affluent class in India, represented by "new money" and a younger breed of Indian millionaires who enjoy spending their wealth.

Gaming software developer Taj Systems, Inc. has seen the trend developing during recent years, thus establishing the Indian community as its primary market. Today, Taj Systems benefits with a first-to-market advantage in this sector, and plans further diversification by acquiring suitable companies in an aggressive move to penetrate one of the fastest growing economies in the world.

In recent weeks, Taj experienced a record number of player sign-ups through licensees like Those numbers should continue to increase from India with millions of new Internet users getting online each month. Entertainment and gaming companies are poised to make money, as they have in the U.S., especially with increased discretionary capital.

According to a November 9th article titled "India Rolling in Rupees," the Indian economy is growing at a rate of 8% annually, creating lots of wealthy people who enjoy the finer things in life, such as million dollar homes, Ferraris, Rolls-Royces, even top retail brands like Louis Vuitton, Hugo Boss, and Gucci.

The article credits growth sectors such as software services, telecom, finance, and real estate for "minting new millionaires every day," in India. The Bombay Stock Exchange has also more than doubled in the past two years creating substantial wealth for many Indian investors.

The difference however between India's booming stock market and the U.S.'s high-flying era of the '90s is that India's growth appears to be real, based on revenues, earnings, and expansion, not necessarily on "irrational exuberance," as described by Federal Reserve Chairman Alan Greenspan in 1996.

Safe Harbor:

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.

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