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FUEG Face Up Entertainment Group Inc (CE)

0.0001
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Face Up Entertainment Group Inc (CE) USOTC:FUEG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Face Up Entertainment Group, Inc. Begins Testing Omaha Poker - Will Add to Its Platform

11/10/2012 4:00pm

GlobeNewswire Inc.


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Face Up Entertainment Group, Inc. (OTCBB:FUEG), a Reality Gaming Social Network company, today announced  that it has begun internal testing of new poker games that it plans to introduce onto its platform. The company has begun testing Pot Limit Omaha Poker and will, upon successful testing, make it available to its members.

"Our platform was designed with the capability of hosting a multitude of games," stated Felix Elinson, the Company's CEO. "By adding Omaha to our already popular Reality Texas Holdem Poker Platform, we will be providing our growing community of players with a broader choice of game play. It is our intention to continuously expand the company's offerings and we anticipate that this new game offering will open new opportunities for those players who prefer games outside of Texas Holdem. We anticipate that the new game will help the Company attract new members to our community," added Mr. Elinson. In recent years, Texas Holdem has become the poker standard across the world, leaving Omaha as the most popular alternate game. Pot-Limit Omaha is the second-most-common form of poker in the world today. Omaha is relatively simple to learn, and  there are only a few differences with the ever so popular Texas Holdem.

The Company's game proprietary platform (http://www.faceupgaming.com/free-poker-games.html) is being used to create a vast global gaming network consisting of games from every region of the globe, supporting native languages as well as cross language functionality. Logical additions to the platform include global staples in gaming such as Backgammon, Poker, Chess and Checkers and many others. Face Up Gaming is a legal non-wagering online gaming platform (www.FaceUpGaming.com).

Face Up Entertainment Group, Inc is committed to responsible game-play and is not a gambling site. "Our goal is to maintain the thrill of online games while keeping it safe for everyone. "Our social networking functionality provides the user base with the ability to grow their circle of friends beyond those they physically reach day to day. Our users sit down to play a game and more often than not leave making a connection with a stranger which is then maintained via our social network functionalities," stated Mr. Elinson.

The Face Up Entertainment Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=14445

Forward-Looking Statement

Matters discussed in this release may constitute forward-looking statements. The U.S. Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation.

Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believe," "only," "anticipate," "vast," "uniquely designed," "attract members to our community," "plan," "potential," "may," "should," "expect" and similar expressions identify forward-looking statements.

The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include our ability to identify and in-license and the ability to adequately fund such targeted acquisitions. Risks and uncertainties are further described in reports filed by Game Face Gaming, Inc with the U.S. Securities and Exchange Commission.

CONTACT: ir@gamefacegaming.com
         Tel: 516 303 8100

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