MOBICLEAR INC
MOBICLEAR INC ("MOBI-L")
- Contracts With Major Internet Gaming Company
mobiclear, Inc. (
http://www.mobiclear.com
), owner of the unique, patent
pending Personal Identification Verification solutions system to help
eliminate credit and debit card fraud, said today that the Alea Network
N.V., (
http://www.aleanetwork.com
), a Curacao company with offices in
London, UK and Manila, Philippines, has contracted with mobiclear to
provide security for its customers' on-line Internet transactions.
Founded in 2005 by a group of international entrepreneurs with
backgrounds in banking, gaming and software, Alea, which operates under a
gaming license from Curacao, offers a full service gaming portfolio,
including poker, casino games, a betting exchange and various computer
skill games. Because of its proprietary software which offers advanced
graphics, Alea provides online players, on sites including
metropolitanpoker.com, privatepoker.com, sk-poker.com, four-kingspoker.com,
and zeropoker.com, a superior experience to that of competitors.
"We have become more concerned regarding the safety of personal
information on site accounts and preventing credit card fraud and money
laundering, as well as the need to prevent people from gaming in
jurisdictions where it is not allowed," said Anders Andersson, Alea
President. "We needed a real-time ID verification system and the mobiclear
system allows us to be assured that we are accepting transactions only from
legitimate account holders."
"This transaction shows that mobiclear can ensure that both the
customers and the client are protected and that fraud can be stopped in the
multi-billion dollar gaming industry," said Stephen P. Cutler, mobiclear
CEO. "We are delighted to assist Alea and are confident that this is the
first of many announcements of new contracts for mobiclear."
About Alea Network N.V.:
Alea Network was founded in 2005 by a group of international
entrepreneurs within the banking and software businesses, all with a
passionate interest for gaming. Alea offers a full service gaming portfolio
(poker, casino, betting exchange, games) with the fastest and easiest
access on the market. Alea's user interface and proprietary software are
extremely light, offering freely scalable windows, thinner clients and much
more advanced graphics than almost any other operator. Alea holds an
official gaming license in Curacao and it represented through a sales
office in London.
About mobiclear:
mobiclear, Inc. (OTC BB: MOBI; Frankfurt: B3CA),
(
http://www.mobiclear.com
), headquartered in Manila, Philippines, offers a
range of solutions to credit card and debit card fraud based on its
patent-pending Personal Identification Verification system. It also offers
products to ensure against fraud in all electronic transactions, including
telephone and Internet transactions.
Note: Certain statements in this news release may contain
"forward-looking" information within the meaning of rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and
are subject to the safe harbor created by those rules. We use words such as
"anticipate," "believe," "expect," "future," "intend," "plan," and similar
expressions to identify forward-looking statements. These statements
including those related to being in a large and growing market, exhibiting
rapid growth characteristics, and having a growth strategy, are
forward-looking statements. These forward-looking statements are only
predictions and are subject to certain risks, uncertainties and
assumptions. Some of the risks, uncertainties and assumptions that could
cause actual results to differ materially from estimates or assumptions in
this press release include the risk that we will not be able to grow our
revenues and market share, the risk that our prices do not remain
competitive and the risk that we will not achieve profitability. Additional
risks are identified and described in the Company's public filings with the
Securities and Exchange Commission, including our most recent Report on
Form 10-KSB, and Reports on Form 10-Q and Form 8-K. Statements made herein
are as of the date of this press release and should not be relied upon as
of any subsequent date. The Company's past performance is not necessarily
indicative of its future performance. The Company does not undertake, and
the Company specifically disclaims, any obligation to update any
forward-looking statements to reflect occurrences, developments, events, or
circumstances after the date of such statement.
