SOURCE: Senticore, Inc.

August 09, 2005 08:30 ET

Senticore Acquires Public Shell for LoboGaming

HOLLYWOOD, FL -- (MARKET WIRE) -- August 9, 2005 -- Senticore, Inc. (OTC BB: SNIO), a publicly traded holding company, has reported acquiring controlling interest in a publicly traded shell corporation for the benefit of one if its holdings, LoboGaming Corporation. LoboGaming is a gaming software development company based in San Jose, Costa Rica, and the parent of recently launched LoboPoker.com.

Last month, Senticore announced its intent to assist LoboGaming in its effort to become a public company. In order to gain public status as an operating company, LoboGaming is preparing to engage in a reverse merger transaction with the newly acquired public corporation. The identity of the public entity will be disclosed to investors upon completion of its restructuring and the subsequent merger transaction with LoboGaming. Senticore management expects the merger to be formally memorialized this month.

Since acquiring an interest in LoboGaming less than two months ago, Senticore has seen noticeable developments within the subsidiary, LoboPoker. It has begun generating revenues and is continuously expanding its customer base, which now includes players from 18 countries worldwide. Obtaining public status is expected to further aid LoboGaming raise sufficient capital to increase its global marketing efforts as well as the development of its proprietary gaming software.

Senticore, Inc., a publicly traded holding company on the OTC Bulletin Board exchange, recently took an investment interest in LoboGaming, the parent of LoboPoker.com. More information about Senticore and its holdings may be found at www.senticore.com. Information about LoboPoker may be found at www.lobopoker.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

  • Contact:
    Senticore Investor Relations:
    (954) 927-0866