SOURCE: Taj Systems, Inc.

November 09, 2006 09:01 ET

Taj Systems Executes LOI With World Card Plus

HOLLYWOOD, FL -- (MARKET WIRE) -- November 9, 2006 --Gaming software developer Taj Systems, Inc. (PINKSHEETS: TJSS) has already created a fantastic online gaming solution for multi-player Three Card Poker, however, a new deal with World Card Plus Solutions (WCP) will help secure the last piece of the puzzle turning the Three Card Poker / TeenPatti game live for real money play.

WCP, an international multi-use, multi-currency debit card provider, makes it possible for customers around the world to make deposits and rapid withdrawals from their gaming accounts at more affordable rates than other payment processors.

The greatest advantage of the WPC card for Taj Systems and its customers is the significant cost savings. Based upon its flat fee model versus a percentage of the total deposit, Taj Systems players will save as much as 75% of the typical fee charged by most payment processors on a $200 deposit, leaving more money for the players to play with.

"We're very excited about allowing our licensees to go live with real cash, but equally as excited about the payment processor we have chosen. We believe World Card Plus provides Taj and its licensees with a significant competitive advantage allowing players to keep more of their money in their accounts, ultimately resulting in greater revenues for Taj Systems," said Carl Gessner, president of Taj Systems.

About World Card Plus:

WCP offers a stored value debit card linked to the global Maestro®-CIRRUS® network, which can also be used at over 800,000 ATMs worldwide. The versatile cards are ideal for the highly restricted online gaming industry, and may be used as debit cards for Point of Sale (POS) transactions in retail stores or Internet purchases. WPC cards may also be used to transfer money domestically or internationally without the high cost of wire transfers.

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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