ADVANTAGES OF OPERATING A SOCIAL CASINO
If you run a land-based casino, there are numerous reasons why you should consider getting into the social casino industry through social casino games. The games will be an extension of your brand. While people will not wager real money, there are numerous value opportunities therein. At Ruby Seven, we pride ourselves on helping casino owners develop content and popularize their social casino games through our in-house studio. We will develop your social casino for you from start to finish. We also help with the launch, marketing, user acquisition, and setting up analytics for your social casino game. What Are Social Casinos? Social casinos are free-to-play games that mirror real casino games but do not let users gamble with real money. Examples of popular social casino games are Zynga Poker and Slotomania. The aim of social casinos is to give people a casino experience without the risks that come with gambling using real money. Although social casino games are offered via the internet, they are not referred to as online casinos. Online casinos are websites where people play with real money and have been around since the 1990s. Social casinos have boomed with social media. The Advantages of the Social Casino Industry Visibility Land-based and online casinos can add much-needed visibility to people who are interested in the casino experience. There is always a big likelihood that new social casino players will eventually want a real-casino experience. They are likely to visit a casino whose brand they recognize. At Ruby Seven, our research shows that 82% of social casino players have visited a land-based casino in the last 12 months. Nurturing potential casino players through the social gaming experience takes time. Some people can take 2 years before going for a real casino experience. Ruby Seven works with clients to develop real valuable in-game content to help nurture leads into avid brand followers. Monetization Opportunities Although people do not play with real money, the social casino industry is still worth billions of dollars. First, players may need to buy chips to start playing. The only caveat is that they cannot convert the chips back to cash as they normally would in a real casino. Social games can create extra value through in-app purchases and ads. It takes concerted efforts to put together a great social gaming experience. You need a behind-the-scenes team to keep working to improve the game for users. It’s, therefore, important to create a self-sustaining and even a profitable social gaming app. We can help you think this through and develop a working model. Data Insights Social casino games also provide an avenue to gather data to generate insights on user behavior. This information is quite valuable whether you are trying to improve monetization within the social casino app or attempting to convert users to real casino players. We are the Right Social Casino Partner for You L-based casino owners seeking to get into the social casino industry need to find the right game developer, look no further than Ruby Seven Studios. As a developer we have prior experience in creating games for multiple platforms. At Ruby Seven, we have worked with multiple casinos and slot content developers to create content for including Apple, Google Play, Facebook, and web platforms too. Let us help you figure out how to leverage the social casino industry. 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WHY SOCIAL CASINOS ARE TAKING THE MARKET BY STORM
The world is moving online at a faster rate than ever before and the gambling industry is no exception. Brick-and-mortar casinos around the world are extending their brands to the growing social casino market for big returns. Here, we’ll introduce you to the value of social casino games and how you can use them to your benefit. What Are Social Casino Games? Social casino games are free-to-play games that typically interact with or are based on social media. They create similar experiences to real casinos through games such as slots, blackjack, video poker, and bingo without the risk of real-world gambling. Unlike real Las Vegas casino games, the outcomes aren’t necessarily random but are instead based on algorithms designed to maximize engagement and player satisfaction. Without real gambling, profit is instead generated from offering in-game benefits and virtual currencies that can be bought with real money. These virtual benefits don’t give players any real advantage, but they make the game more fun and engaging, offering a more personalized experience that many will pay for. How Big Is the Social Casino Market? The social casino industry is growing at an impressive rate, engaging over 170 million active gamers globally. There are five main reasons why these social casino apps and games are so popular: What’s Good for Customers Is Great for You You might be nervous about offering so many people something for free but trust us when we say these mobile social casinos can be extremely lucrative. Here’s how a B2B social casino solution could befit you: Extra Revenue While customers don’t usually pay to play on social casinos, the games’ fun and engaging natures often incentivize them to pay for microtransactions like virtual currency and other in-game benefits. One of the most successful social casino games takes $22 million in revenue every month. Reach A New Audience Free games on social media tend to attract more players than real-world gambling. The lack of any gambling features also means your social casino apps can be played by people of all ages. You can consider your social casino as an extension of your physical brand, keeping your existing customers engaged in your brand and reminding them of how much fun your casinos are, and introducing potentially millions of new players. Games from a good game developer build loyalty, which translates into players who keep coming back. Prepare for the Future Social casino games can be rolled out in hundreds of countries simultaneously, giving you the opportunity to build loyal customer bases worldwide. This means if you decide to extend your physical casino to any of these locations, you can be confident you have players waiting for you. Don’t Fall Behind By now, you may be considering your own social casino app. If so, now is your opportunity to get ahead of the competition. We’re an award-winning social casino game developer with years of experience. If you’re ready to extend your casino business to millions of people around the world, contact us now for our B2B social casino solutions. 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LOYALTY PROGRAMS AND ALTERNATIVE GUEST ENGAGEMENT STRATEGIES IN THE SOCIAL CASINO INDUSTRY
Loyalty Programs Have Proven to Be Effective Marketing Strategies The closure of casinos during the pandemic caused these businesses to lose untold profits. Some went out of business. During that same time, however, the die-hard gamblers never lost the thrill of hearing the ding, ding, dings of the bright, shiny slot machines. Through the many social casino gaming apps, they continued to gamble, but in a different way. With social casino games, players could gamble on their personal electronic devices for free. On the other hand, land-based casinos were destined to continue losing money without in-house customers. Gaming Professionals Save the Day Social gaming professionals, however, came to the rescue. They found the B2B social casino solution to reel in customers to the casinos. These professionals employed a tried-and-true marketing strategy to get people from their couches and into the brick-and-mortar casinos. And, what is this highly lucrative way that proved to be a marketing bonanza? Rewards, of course! Doling out prizes on social gaming sites was the answer for lagging sales in a pandemic-era economy. By offering prizes which had to be redeemed in person at a physical casino, patrons responded to the call. One casino involved in a popular reward program saw a 10% volume increase of patrons within the initial trial period of 90 days. It also showed a 100 increase in foot traffic among those who were cashing in their rewards. In all the ways that the success of their loyalty program was measured, the numbers showed a dramatic increase. It also proved that loyalty programs are effective, profitable marketing strategies that convert online social casino gamers into live casino customers. There would be no looking back. The key to loyalty-program marketing success unlocked a spigot that social gaming professionals will continue to tap. This platform is designed to keep gamblers playing their favorite games. When done, they will be directed to drive to their favorite casinos and cash in those rewards. Once inside the casino, the statistics tell the story that players who cashed in their rewards also spent money gambling. Double the Rewards This marketing strategy is not only effective in increasing sales but is just as potent in decreasing the cost of advertising. Traditionally, casinos spend a sizable budget to lure customers through their doors. But, with loyalty rewards, costs of getting the word out are significantly lower and the return on the casino’s investment is often hundreds of times the initial funding. Loyalty-based programs are here to stay for the foreseeable future. Our social gaming company has proven that getting gamblers into a casino with a reward is a winning solution for casinos with less than stellar sales. The metrics reveal that we have tapped into a successful formula that, like a fishing reel with good bait, will bring about the desired result.
THE FUTURE OF SOCIAL CASINOS
What is the Future of Social Casinos? There is no doubt that the social casino concept is booming. In 2020, the global social casino market was worth an estimated $6.2 billion and mobile casinos became the top-grossing iGaming genres. During the COVID-19 lockdowns in 2020, the gaming category had an incredible 37% year-on-year growth in downloads. So what is driving this growth? Let’s look at some of the factors causing it: Increased Penetration of Devices The global installed base of smartphones and tablets is expected to exceed 5 billion by 2023. This provides a large potential user base for social casino games. Advancements in Technology Social casino games are increasingly becoming more complex and sophisticated with the introduction of new technologies such as virtual reality (VR), augmented reality (AR), artificial intelligence (AI), and blockchain. The increasing penetration of these technologies will create opportunities for social casinos to increase their user bases, engage users deeper, reduce fraudulent activities, and improve the overall gaming experience. Maturing of the Market The social casino market is maturing, with an increasing number of gamers becoming more comfortable with gaming in a social setting. In addition, the growth of new genres such as sports betting and fantasy sports are also helping to drive its growth. Increased Adoption of 4G/5G With the rollout of 4G/5G networks, there is a rapid increase in the number of social casino gamers as broadband speeds enable high-quality graphics and user experience. Presence of a Tournament Concept One area where social casinos have lagged is providing players with an incentive to continue playing and return frequently. This is now changing as developers and operators implement tournament concepts and progress-based gaming mechanics to keep players engaged in a social casino solution. So, What Does the Future Hold for Social Casinos? The future of the social casino concept is even brighter. Here are some key trends to watch out for: Proliferation of VR/AR-Based Social Casino Games Virtual reality and augmented reality are two of the most exciting new technologies in the gaming industry. They offer a more immersive experience for gamers and provide operators with an opportunity to attract new users, especially younger gamers who are more familiar with VR/AR technologies. Integration of Meta Features in Slot Games Slot games are one of the most popular genres in social casinos. To differentiate their games and make them more engaging, developers will start to integrate meta-features such as storylines, character development, and in-game choices into their slots games. Increased Adoption of Blockchain Blockchain is a distributed ledger technology that can revolutionize social casinos by providing transparency and trust among players, operators, and suppliers. We expect to see more blockchain-based social casino games in the years ahead. In conclusion, the social casino industry is strategically placed to make use of these growth drivers and continue its robust growth in the coming years. Ruby Seven Offers Robust B2B Social Casino Solutions Developed in the cloud, our B2B social casino solution is designed to help operators increase their user base by tapping into the lucrative market. Our platform offers a wide array of games that can be easily integrated into existing social networks or gaming platforms.
ARUZE PARTNERSHIP
RENO, NEVADA (DECEMBER 22, 2017)– Aruze Gaming has signed an agreement for their covetedgaming content with Ruby Seven Studios, a world-class social gaming app developer based out of Reno,NV. Aruze is known for their creative themes, expanding reels and fun gaming experiences. Their games canbe seen worldwide in land-based casinos. The agreement includes 10 of Aruze’s exclusive slots games,including Dream Money, Tower Stack Feature Rose, Extreme Phoenix, Flaming Chilies, Golden Heart,Ultra Stack Show Girls, Ultra Stack Egypt, 8 Wealthy Lions, God of Atlantis and Stackin’ Mystery CrystalBeauty. Available in both landscape and portrait orientations, these slots games will add a new variety ofslots to Ruby Seven Studios’ portfolio. These real casino slots games will be featured in Ruby Seven Studios’ key social casino apps, includingLucky North Casino, Best Bet Casino and TropWorld Casino. With extensive slots lobbies filled with realcasino slots, the new Aruze content will find its place amongst a slots line up that could rival a Las Vegascasino. The new content will begin release in the first quarter of 2018. Visit bestbetcasino.com, luckynorthcasino.com and tropworldcasino.com or download the games on yourmobile device to play the new Aruze content in 2018. About Aruze Gaming: Aruze’s G-Series is redefining the standalone video slot experience with amazing graphics, sound andexciting game play. G-Deluxe offers engaging theme based games with multiple option-type bonusesand free games with attention-drawing top boxes. G-Link community games are like nothing you’veexperienced before, featuring link progressives and/or reel feel gaming technology directly integratedinto the bonus feature. And our new Cube-X Video is equipped with a vibrant photo-realistic color, latest3-D graphics technology, customized sound and music. To learn more about Aruze Gaming, please visitaruzegaming.com. About Ruby Seven Studios: Ruby Seven Studios is a top-ranking social casino gaming company based in Reno, Nevada and Kochi,India. Our mission is to bridge the gap between land-based casinos, online casinos and social casinogaming apps through strategic partnerships, which now include Pechanga Resort & Casino, DelawareNorth Gaming, Tropicana Entertainment and Gala Coral Group, as well as gaming content partnersKonami and Everi. With more than 100 employees worldwide, Ruby Seven Studios has created morethan 20 titles for the Apple, GooglePlay, Amazon Kindle, Facebook, and web platforms includingTropWorld Casino, Lucky North Casino and Best Bet Casino. To learn more about Ruby Seven Studios,please visit rubyseven.com. In 2016, Ruby Seven Studios was acquired by Delaware North – a privately-held global leader in sports,travel hospitality, restaurants and catering, parks, resorts, gaming, and specialty retail industries. Tolearn more about Delaware North please visit delawarenorth.com.
PECHANGA RESORT & CASINO DEBUTS
“BEST BET CASINO” MOBILE APP
TEMECULA, Calif. (November 2, 2016) – Pechanga Resort & Casino unveils its brand new social casinogame, Best Bet Casino. Available on all mobile app platforms, on Facebook and online at BestBetCasino.com, users can play casino slot favorites including Konami’s China Shores, as well as blackjack, bingo, video poker and more for free. In addition to these free-to-play games, Best Bet Casino features a section in which Pechanga Club members can check their point balances, view upcoming events at the property, make online reservations and more. By playing Best Bet Casino, users can collect sweepstakes entries for their chance to win a brand new 2017 Mustang GT. With a multitude of new and exciting additions coming to Pechanga, the Pechanga Tribe and casinomanagement believe it is the ideal time to launch Best Bet Casino and further introduce the burgeoning brand to the global marketplace. Pechanga Resort & Casino, the largest resort/casino in California, partnered with Ruby Seven Studios to develop a social casino game that would enhance the experience of their more than 25,000 daily on-property guests, and resonate with a worldwide audience. The casino/resort is undergoing a $285 million expansion to include a luxury Four Diamond hotel wing with an additional 568 rooms and suites, a four-acre pool complex, two new restaurants, a two-story luxury spa, 70,000 additional square feet of meeting and convention space and new five-level parking garage. The expansion is slated to open in December 2017. The new parking garage is expected to open in late December 2016. The mobile and web game, available on Apple’s App Store, Google Play and the Amazon App Store, features more than 20 slot machines including actual slots from the Pechanga casino, themed bingo rooms, three-hand blackjack, and the world-famous Multi-Strike Poker™ – a popular video poker title found inside Pechanga’s casino. To experience Best Bet Casino for yourself, log onto BestBestCasino.com or download it to your mobiledevice. About Pechanga Resort & Casino Pechanga Resort & Casino offers the largest and most expansive resort/casino experience anywhere in the western United States. Rated a Four Diamond property by AAA since 2003, Pechanga Resort & Casinoprovides an unparalleled getaway, whether for the day or for an extended luxury stay. Offering more than3,000 of the hottest slots, table games, world-class entertainment, 517 hotel rooms, dining, spa and golf at Journey at Pechanga, Pechanga Resort & Casino features a destination that meets and exceeds the needs of its guests and the community. Pechanga Resort & Casino is owned and operated by the Pechanga Band of Luiseño Indians. For more information, call toll free (877) 711-2946 or visit www.Pechanga.com. Follow Pechanga Resort & Casino on Facebook and on Twitter @PechangaCasino. About Ruby Seven Studios Founded in 2012, Ruby Seven Studios is one of the leading social casino publishers on iOS,GooglePlay, Amazon Kindle and Facebook. The company is focused on bringing gamesdesigned for traditional casino environments to the free-to-play social casino experience. RubySeven’s top titles include TimeQuest, Big Spin Bingo, Magician Casino, BlockBuster Slots,Ruby Seven Video Poker and Fire and Ice Slots. To learn more about Ruby Seven Studios andtheir games, visit rubyseven.com Ruby Seven Studios is a top-ranking social casino gaming company based in Reno, Nevada and Kochi, India. Our mission is to bring casino game content to land-based and online casinos, and to media partners through strategic partnerships, which now include Pechanga Resort & Casino, Delaware North Gaming, Tropicana Entertainment and Gala Coral Group. With more than 100 employees worldwide, Ruby Seven Studios has created more than 20 titles for the Apple, GooglePlay, Amazon Kindle, Facebook, and web platforms including TropWorld Casino, Lucky North Casino and Best Bet Casino. To learn more about Ruby Seven Studios, please visit RubySeven.com.
KONAMI PARTNERS WITH RUBY SEVEN TO BRING KONAMI SLOT GAMES TO MORE ONLINE SITES
Las Vegas, NV — May 23, 2016 Konami Gaming, Inc., a global leader in casino gaming and systems, announced its partnership withonline social casino developer Ruby Seven Studios to bring proven Konami video slot games topopular social casino channels such as Delaware North Gaming, Tropicana Entertainment,Gala/Coral Group, and Pechanga Resort and Casino. Konami’s best-of-breed remote gaming server(RGS) developed by Spin Games LLC will be integrated with Ruby Seven Studios in order to launchtop-performing Konami games—like China Shores™, Solstice Celebration™, and Lotus Land™—toRuby Seven’s strategic partners and their online customers. “Introducing incredible Konami games to our social casino partners is going to be great for playerswhile at the same time furthering Konami’s goal of providing their games to their land-based partnersin all arenas. We are extremely excited by this partnership,” said Michael Carpenter, chief executiveofficer of Ruby Seven Studios. Konami slot games will be featured alongside Ruby Seven’s free-to-play social casino games,reaching worldwide audiences with online slots, video poker, bingo, and blackjack, via Facebook,Amazon, mobile, and desktop. “Konami’s central focus with its RGS is to support land-based and online entities with powerful gamecontent they can use to engage with casino players through an array of digital platforms,” said MattReback, vice president, marketing at Konami Gaming, Inc. “So when the opportunity came tocollaborate with Ruby Seven Studios to bring Konami games to our mutual casino partners, we sawa shared benefit to all involved and we look forward to continued progress.” For more information about Konami Gaming, Inc., please visit www.konamigaming.com. About Konami Gaming, Inc. Konami Gaming, Inc. is a Las Vegas-based subsidiary of KONAMI HOLDINGS CORPORATION(TSE: 9766). The company is a leading designer and manufacturer of slot machines and casinomanagement systems for the global gaming market. For more information about Konami Gaming,Inc. or the SYNKROS gaming enterprise management system, please visitwww.konamigaming.com. Media Contact: Tashina WorthamMarketing Communications Specialist702.419.6025wortham0609@konamigaming.com About Ruby Seven Studios Ruby Seven Studios is a top ranking social casino gaming company based out of Reno, Nevada,and Kochi, India. Its mission is to bring casino game content to land-based, online casinos andmedia partners through strategic partnerships, which now include Pechanga Resort and Casino,Tropicana Entertainment, Delaware North, and the Gala Coral group. With more than 100 employees worldwide, Ruby Seven Studios has created over 20 titles for the Apple, GooglePlay,Amazon Kindle, Facebook, Yahoo, and web platforms. Some of its top ranking titles includeTropWorld Casino, Lucky North Casino, Magician Casino, Big Spin Bingo, Ruby Seven Video Poker,and TimeQuest Slots. To learn more about Ruby Seven Studios, please visit www.rubyseven.com.
PECHANGA AND RUBY SEVEN STUDIOS ANNOUNCE STRATEGIC PARTNERSHIP
PECHANGA INDIAN RESERVATION, Calif., February 1, 2016 – The Pechanga Development Corporation, the board that manages the Pechanga Resort & Casino, and Ruby Seven Studios, a top social casino app developer and publisher, today announced a strategic partnership to create, launch, and promote a new online social casino game experience. Set to launch in mid-2016, this new social casino game will include video poker, bingo, keno, and blackjack and will feature several actual casino slot game themes alongside customized slot games that highlight Pechanga’s expansive property. “We are very excited about this partnership that will help us extend our brand beyond Southern California while giving our players the opportunity to engage with Pechanga anytime on any device and from anywhere in the world,” said Patrick Murphy, President of the Pechanga Development Corporation. “This new and exciting Social Casino will bring the unique Pechanga experience to a global audience.” “We are very pleased with our Ruby Seven partnership,” said Pechanga Tribal Chairman, Mark Macarro. “Pechanga is committed to offering the best digital experience, just like our brick and mortar offerings, and this is just the first step in that long-term initiative.” “We are thrilled to partner with Pechanga, an innovative and beautiful casino and resort,” said CEO and founder of Ruby Seven Studios, Michael Carpenter. “We want to help Pechanga expand their brand to the global social casino market while also creating a superior free-to-play gaming experience for their resort and casino customers.” Today’s announcement comes amid Pechanga’s $285 million expansion of a new hotel, luxury spa, and convention center that is designed to enhance the resort experience for guests and cement Pechanga Resort & Casino as the preeminent luxury gaming destination in California. About Pechanga Resort & Casino Experience it all at Pechanga Resort and Casino, nestled in the picturesque Temecula Valley Southern California Wine Country. Voted the #1 casino in the country by USA TODAY and rated a AAA Four Diamond resort every year since 2002, the world-class casino is the largest in California and features more than 3,400 state-of-the-art slot and video machines, table games, non-smoking poker room and a modern 700 seat bingo facility. The Par 72, 18 hole Journey at Pechanga golf course is one of the state’s top 20 public courses. Spa Pechanga offers a tranquil paradise of exquisite pampering. Pechanga has 11 restaurants offering a variety of international cuisines, from exceptional fine dining to quick and tasty selections. The Pechanga Theater has become one of Southern California’s premier entertainment venues. For more information visit www.Pechanga.com. About Ruby Seven Studios Ruby Seven Studios is a top ranking social casino gaming company based out of Reno, Nevada and Kochi, India. Their mission is to bring casino game content to land-based, online casinos and media partners through strategic partnerships, which now include Pechanga, Tropicana Entertainment, Delaware North Gaming and Gala Coral group. With more than 100 employees worldwide, Ruby Seven Studios has created over 20 titles for the Apple, GooglePlay, Amazon Kindle, Facebook, Yahoo, and web platforms. Some of their top ranking titles include TropWorld Casino, Magician Casino, Big Spin Bingo, Ruby Seven Video Poker, and TimeQuest Slots. To learn more about Ruby Seven Studios and their continued success please visit www.rubyseven.com.
TROPICANA ENTERTAINMENT INC. ANNOUNCES AGREEMENT WITH SOCIAL GAME DEVELOPER RUBY SEVEN STUDIOS
ATLANTIC CITY, NJ (April 13, 2015) – Tropicana Entertainment Inc. (“Tropicana”)announced today it has entered into a strategic relationship agreement with San Francisco-basedmobile and social games developer Ruby Seven Studios to develop and launch an online socialgaming site. The agreement will allow Tropicana to bring immersive, casino stylebranded gaming experiences to its existing customers, and will enable players around the worldto access Tropicana’s free casino style games via mobile, Facebook and personal computers. “We’re very excited about this venture,” said Tony Rodio, President and CEO of Tropicana.“We’ve been studying the social gaming sector for some time, and are enthusiastic about thepotential to provide even more entertainment options by pooling Tropicana’s talent for deliveringexciting land-based gaming and entertainment with Ruby Seven Studio’s extensive expertise insocial and mobile game publishing.” “We chose to partner with Tropicana because, in addition to representing a globally known andrespected brand, Tropicana shares our dedication to delivering fun and entertainment throughexceptional product standards and forward-thinking approaches to customer experience,” saidMichael Carpenter, CEO & Founder at Ruby Seven Studios. “We are already fast at work ontraditional casino style games with unique new twists to engage and entertain existing and futureTropicana audiences.” About Tropicana Entertainment Tropicana Entertainment Inc. is a publicly traded company that, through its subsidiaries, ownsand operates eight casinos and resorts in Indiana, Louisiana, Missouri, Mississippi, Nevada, NewJersey and Aruba. Tropicana properties collectively have approximately 7,166 employees, 5,525rooms, 8,035 slot positions and 304 table games. The company is based in Las Vegas, Nevada.Tropicana is a majority-owned subsidiary of Icahn Enterprises, L.P. (NASDAQ: IEP). To learnmore about Tropicana, visit our website at Tropicanacasinos.com About Ruby Seven Studios Founded in 2012, Ruby Seven Studios is one of the leading social casino publishers on iOS,GooglePlay, Amazon Kindle and Facebook. The company is focused on bringing gamesdesigned for traditional casino environments to the free-to-play social casino experience. RubySeven’s top titles include TimeQuest, Big Spin Bingo, Magician Casino, BlockBuster Slots,Ruby Seven Video Poker and Fire and Ice Slots. To learn more about Ruby Seven Studios andtheir games, visit rubyseven.com Cautionary Note Regarding Forward-Looking Statements: This press release containsstatements relating to the Tropicana’s plans, objectives, expectations and intentions, events andplans that are forward-looking statements. Such statements include, without limitation,statements regarding the anticipated benefits of entering the social gaming sector and partneringwith Ruby Seven Studios, and the expected advantages for its current and new customers. Theseforward-looking statements are based upon assumptions made by Tropicana as of the date of thispress release and are subject to known and unknown risks and uncertainties that could causeactual results to differ materially from those anticipated. Such risks and uncertainties include,without limitation, risks relating to Tropicana’s ability to successfully launch and operate a socialgaming website, risks that Tropicana may not realize the anticipated advantages of entering thesocial gaming sector, legal and regulatory requirements, and the additional risk factors describedin Tropicana’s filings with the Securities and Exchange Commission. Tropicana expresslydisclaims any duty to provide updates to any forward-looking statements made in this pressrelease, whether as a result of new information, future events or otherwise.