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BlueGenie Gaming Names New Execs

14 July 2006

SAN JOSE, Costa Rica – (PRESS RELEASE) -- BlueGenie Gaming S.A has appointed two new executives to lead its foray into the fast growing internet gaming space.

Robert Evans joins the company as senior vice president and chief marketing officer, effective Sept 18. Mr. Evans formerly served as president of online gaming entertainment company for 2+ years until its sale to Leisure & Gaming plc earlier this year.

Evans will provide strategic, hands-on direction of the company's overall marketing efforts, including brand stewardship, Internet marketing and loyalty marketing programs. He will report to Robert Moran, president and chief operating officer.

Also added to the staff was Mr. Chris Calisto as CFO.

"Chris has a tremendous finance related background as a partner in his former private equity company Golden Triangle Capital as well as his own firm Calisto & Company." says Moran. Mr. Calisto will handle all financial related aspects of the company.

"Mr Evans differentiated himself from the competition with an incredible action oriented vision of our marketing concept which was fundamental to Blue Genie's overall branding strategy," said Mr. Moran

His proven leadership and management experience both in and out of the gaming industry will help us create even more compelling reasons for gamblers to visit our new site and take advantage of our products and services rather than those of our competitors."

I am thrilled about joining BlueGenie" says Mr. Evans. "they have a vision so unique to what is offered in the space right that I am simply ecstatic to be a part of it."

BlueGenie expects to launch in 3rd quarter of 2006 with casino and poker products, and a bingo product in the 2nd quarter of 2007 pending completion of funding and a favorable internet gaming prohibition vote now heading to the Senate. " Our analysts say that with only about seven or eight weeks left for this newly merged House bill to wind itself through the various Senate committees, is not enough time for the bill to progress further" says Moran

"I am very excited about coming into the space after witnessing first hand the growth of the industry from an investment advisor point of view" says Calisto. We continue to believe that full passage into law is very unlikely, and would look to continue our fund raising efforts to meet our projected 3rd quarter launch date" he concludes

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