The National League of Poker (NLOP) a division of Power Play Development (Pink Sheets: PWPY) announced today that over 75,000 people have registered on its free online poker portal http://www.nlop.com. NLOP(TM), which launched to the public in May 2006, is the first completely free-to-play online poker portal that offers players risk-free poker tournaments that awards cash and prizes to winners. During the month of February 2007, NLOP(TM) administered over 20 million minutes of poker-play, had over 620,000 individual poker sessions, and generated more than 70 million advertising impressions.
"Our NLOP(TM) division continues to experience amazing adoption numbers, averaging over 10,000 new players per month" said Michael Clebnik, COO of Power Play. "The Unlawful Gambling Enforcement Act has changed the online poker landscape forever. The withdrawal of offshore sites like Party Poker from the U.S. market has left millions of Americans abandoned. NLOP(TM) is the leading legal alternative for online poker play."
NLOP(TM) has designed a fantasy-sports style weekly contest structure where contestants receive "NLOP Points" each day they log in. They use these points as entry fees to tables where they can earn more points, qualify for finals, or win cash prizes.
"We have developed the all-important 'loss factor' into our competitions," continued Roy A. Evans EVP. "The poker play on our site is as serious as real-money sites because our NLOP points have true value -- play poorly and you go bankrupt on points, and can't play again until the next day." Evans also announced that NLOP plans on adding a suite of new games and enhanced player-functionality next quarter, and expects to award over $250,000 in prizes in 2007.
Consumers can sign up and play at http://www.nlop.com and enter the Rounder's Series with over $35,000 in cash and prizes up for grabs.
About NLOP(TM)
NLOP(TM) is a wholly owned division of Power Play Development (Pink Sheets: PWPY). NLOP is fast becoming recognized as the leading web portal for casual poker game-play in the U.S.. NLOP aims to bring fun, free and compelling game play to U.S.-based poker enthusiasts while enabling brands, advertisers and sponsors to interact with this burgeoning online audience.
Contact Information:
Company: Investor Relations:
Michael Clebnik Michael Elliott
(508) 405-2224 ext 224 (813) 600-3029
Michael@powerplaydev.com mse@elliottreport.com
"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Power Play Development to differ materially from those implied or expressed by such forward-looking statements.
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