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KENS Kenilworth Systems Corporation (PK)

0.24
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kenilworth Systems Corporation (PK) USOTC:KENS 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% 0.24 0.0632 0.39 0.00 14:30:20

Kenilworth Enters Project Management Agreement

13/09/2013 9:05pm

PR Newswire (US)


Kenilworth Systems (PK) (USOTC:KENS)
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UNIONDALE, N.Y., Sept. 13, 2013 /PRNewswire/ -- Kenilworth Systems Corporation (KENS:PK) announced that they have retained a team of technical consultants to oversee the completion of system development for the Company's WagerPort live casino gaming system.  "The WagerPort system has such complexity that supervision and coordination by a professional technology consulting firm is required," stated Dan Snyder, Kenilworth CEO.  "Kenilworth needs to assure that hardware and software contractors are fully vetted; and efficiently coordinated so that work is accomplished on time and on budget."

Kenilworth's WagerPort system consists of many, highly complex, sub-systems including the data acquisition module, which is now in proto-type; video and audio streaming servers; multiple gaming engines; highly secure network architecture; highly secure financial transaction software; graphical user interface; supervisory modules; and monitoring networks.  The project also requires the writing of considerable amounts of proprietary software, which is well underway.

The consultant hired by Kenilworth is Maritime Communications Group (MCG).  Mr. Snyder further stated that, "Maritime Communications (www.maricoms.net) has considerable experience in specific areas critical to rapid completion of the WagerPort project."  These include network design, data center operations, server implementation, radio, copper and fiber optic networks, financial transaction networks, and high security military grade encrypted data transmission, with specific expertise in project budgeting and supervision.  MCG has offices and professionals based in the USA, UK, and EC.   

Kenilworth Systems Corporation is in the late stages of developing a patented broadband based, highly secure, fully interactive, high-definition video system which allows a casino to offer live gaming, to its customers, in locations distant from the casino itself.  The Company is based in Uniondale, New York and has a subsidiary, KenSysCo Gaming, Inc. in Las Vegas, Nevada.

FORWARD LOOKING STATEMENTS

The information contained in this Press Announcement includes "forward-looking" statements within the meaning of section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created thereby. Such information involves important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward looking statements herein. Future operating results may be adversely affected as a result of a number of factors.

More information:  Email Info@kKenSysCo.com

SOURCE Kenilworth Systems Corporation

Copyright 2013 PR Newswire

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