SOURCE: Diamond I, Inc.

March 12, 2008 11:26 ET

Registered Casino Players at Diamond I's Free Poker Web Site Increase 50%

BATON ROUGE, LA--(Marketwire - March 12, 2008) - Diamond I, Inc. (OTCBB: DMOI) announced today that its free Poker web site, www.IslandBlueCasino.net, experienced an increase of over 50% in registered players at the casino's virtual tables from December to February. The company believes this increase in registered players is an indication that, over time, IslandBlueCasino.net will generate increased revenues from DMOI's click-through advertising program with Amazon.com.

"We are pleased that IslandBlueCasino.net is proving itself to be an online Poker destination that creates user loyalty," said DMOI's CEO David Loflin. "We remain encouraged and 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.

About Diamond I, Inc. (www.wificasino.net)

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 that offered by Amazon.com.

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.

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:
    David Loflin
    225-341-4004