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Diamond I releases update

LAS VEGAS, Nevada – (PRESS RELEASE) -- Diamond I, Inc. (OTC Bulletin Board: DMOI), a developer of wireless gaming products, including the GS2(TM) wireless hand-held gaming unit and the WifiCasino(TM) wireless gaming system, today provided an update regarding the previously announced Global Gaming Platform venture among Diamond I, Real Video Gaming, Inc. (RVG), Voyant Media Group, Inc. (VMG) and Ibis Networks.

The Global Gaming Platform design will embody patented and patent-pending technologies that will enable video, audio and betting information from real gaming devices to be transmitted without delays to the Internet, PDAs and mobile phones simultaneously anywhere in the world. The Global Gaming Platform will transmit real-time video of actual gaming devices, such as craps, slots and roulette, from actual casinos to users who will, then, be able to interact with such devices, as if the user were present at the host casino. Once completed, the Global Gaming Platform will be fully scalable, allowing an unlimited number of people in different locations throughout the world to play the same game or participate in the same tournament at the same time.

"This is an ambitious project, definitely an outside-the-box concept that we firmly believe will bring an exciting dimension to wireless gaming," said David Loflin, Diamond I's CEO.

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