Thursday, October 30, 2008

Phantom Fiber Corp. (PHFB.OB) Takes Mahjong Mobile

Phantom Fiber Corporation, growing wireless software developer, has now signed a multi-year contract with Mahjong Time, the world’s leading online mahjong club, to take the company’s popular online Mahjong offering to the worldwide mobile market. Users will be able to log on to Mahjong Time through Phantom’s mobile platform from any Blackberry, Apple iPhone, Microsoft Pocket/PC, Palm, or hundreds of other handheld device types, from anywhere in the world.

The mobile link will give users the same graphics and speed qualities of the current online experience, and will include the features that have made Mahjong Time the most popular online Mahjong site in the world, such as multiple game types and languages, practice play, and tournaments. Phantom Fiber will receive an integration fee, plus a piece of the ongoing revenue generated by mobile subscribers.

Jeff Halloran, Phantom Fiber Chairman & CEO, emphasized the growth opportunity the contract represents for Fiber, “We recognize the magnitude of the Asian market and their passion for Mahjong. Extending the premier Mahjong platform to a mobile environment will extend Phantom Fiber’s reach into those markets. Our multi-user experience from the gaming space and our ability to support multiple languages also blends nicely with our technology. We have been talking with Mahjong Time for some time and have watched them grow in popularity and have some great successes. We are glad the time is right to work with Mahjong Time and share in those successes.”

Phantom Fiber, based in Toronto, with offices in New York City and Costa Rica, is a leader in the development of wireless platform software. Their wireless solutions already cover most segments of the global gaming industry, but can also be used for remote video surveillance, brokerage and banking applications, and for logistics and distribution.

Mahjong Time, based in San Diego, serves more than 600 million mahjong players, in seven languages, around the world. The company is the exclusive online tournament partner of the annual World Series of Mahjong.

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