Tuesday, May 20, 2014

Consorteum Holdings, Inc. (CSRH) Subsidiary Completes Development Work on New Mobile App for Live Keno

International transaction management and mobile publishing company Consorteum Holdings announced today that its subsidiary, ThreeFiftyNine, Inc., along with XpertX, Inc. have completed the development work on a new mobile results app for live Keno. With the concept now validated this new app is designed for delivering a best-in-class mobile Keno solution to any mobile device regardless of what operating system it resides on.

“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 results 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 his mobile phone and gain access to the results of Keno games played at many casinos across the United States. Mobile is clearly what the Keno customers want and the ability to view Keno results is just the first step in being able to offer a pay-for-play version of this game wherever allowed,” said Craig Fielding, CEO of Consorteum and president of ThreeFiftyNine.

Consortium worked closely with XpertX, by most accounts recognized as an industry leader in Keno gaming, to validate what the mobile app can do. XpertX is also the top manufacturer and supplier of live-action Keno systems and Keno-associated products and services. Together, ThreeFiftyNine and XpertX will provide vital components for the application. ThreeFiftyNine’s contributions include but are not limited to the establishment of the game server and various integration functions, platform and technology services, publishing and distribution of the app and various support services, including database management, hosting, billing and data protection, and privacy considerations and compliance.

“We are extremely optimistic to join forces with TFN bringing live Keno to mobile gaming within the limits allowed by each jurisdiction,” stated XpertX founder and President Eric Thomassian. “The game of Keno, by its nature, lends itself quite well to a mobile platform. This venture offers enormous potential not only for TFN and XpertX, but also for Gaming operators in terms of increased opportunities for incremental revenue through wide exposure of Keno to a new, younger audience that is solidly entrenched in mobile technology.”

With a focus on transaction processing, CSRH is a transaction management and mobile publishing company which uses its suite of mobile offerings, delivery of mobile content, mobile payments solutions and products through a mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements.

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

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