Consorteum Holdings Inc. (CSRH) Subsidiary Closes Deal with Keno Gaming Service

 Consorteum Holdings, an international transaction management and mobile solutions provider announced today that its wholly owned subsidiary, ThreeFiftyNine Inc., has entered into a binding agreement with XpertX Inc. to develop a mobile product for XpertX’s existing keno gaming service. This agreement comes after ThreeFiftyNine’s announcement of a new partner program. The new mobile offering is designed to deliver a state-of-the-art mobile Keno solution to any mobile device running on any operating system.

The agreement gives ThreeFiftyNine the ability to enable XpertX to deliver mobile solutions that allow for the delivery of mobile content across a wide spectrum of devices. ThreeFiftyNine simplifies the delivery of a mobile experience to the end user by taking care of compliance issues, administration, and distribution of mobile content to any handset. The overriding objective is to reduce the complexities of the mobile world and simplify the publishing of digital content.

Consorteum worked closely with XpertX, recognized as an industry leader in Keno gaming, to validate what the mobile app can do. XpertX is the top manufacturer and supplier of live-action Keno systems and Keno-associated products and services. The combination of ThreeFiftyNine’s mobile expertise combined with XpertX’s extensive Keno marketability and client base will facilitate the introduction and rollout of the mobile platform.

“We are very excited to join forces with XpertX, a recognized leader and innovator in Keno gaming since 1987. We believe the ability to deliver real-time gaming to Keno players will be extremely well received in every territory we introduce our application into. For the first time, a Keno player will be able to use their mobile phone and gain access to the results of Keno games played at casinos and Keno parlors across the United States. Mobile is clearly what the Keno customers want,” Craig Fielding, CEO of Consorteum and President of ThreeFiftyNine, commented.

Consorteum Holdings is a transaction management and mobile publishing company whose energies are directed at transaction processing, including its suite of mobile offerings, delivery of mobile content, mobile payments solutions, and products through a combination of on-deck partnerships, license agreements, and joint venture revenue share arrangements. It operates as a technology and services aggregator to meet the needs of its client base by using a wide range of products and services to develop turn-key card and payment transaction processing products. The company has deep expertise within the payments and transaction industry around the world.

For more information about the company, visit www.consorteumholdings.com

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