mobiclear, Inc. Contracts With Major Internet Gaming Company to Provide Security for Transactions
September 23 2008 - 4:00AM
PR Newswire (US)
MANILA, Philippines, LAGUNA HILLS, Calif., and LONDON, Sept. 23
/PRNewswire-FirstCall/ -- mobiclear, Inc. (OTC Bulletin Board:
MOBI; Frankfurt: B3CA), (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. CONTACT: mobiclear, Inc. Paul Knopick E & E
Communications (949) 707-5365 DATASOURCE: mobiclear, Inc. CONTACT:
Paul Knopick of E & E Communications, +1-949-707-5365, , or ,
for mobiclear, Inc. Web site: http://www.mobiclear.com/
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