Cygnus eTransactions Group, Inc. (OTC: CYGT) today announced that the Company was awarded a 2005 Nevada Tourism Development Award for the ceIris® ticketing, reservation and event management system. The award was presented by Lorraine Hunt, Nevada’s Lieutenant Governor and Chairperson of the Nevada Commission on Tourism, during the annual Governor’s Conference on Tourism.
“We are honored to be recognized for the positive impact our technology and services have made on the Nevada Tourism industry, and this award reinforces Cygnus’ role as a leading provider of cutting-edge technology that makes a positive impact on economic development,” said Rick Crowley, CEO at Cygnus.
In addition, ceIris v5.0 was approved by the Nevada Gaming Control Board for installation in Nevada casino resorts. This regulatory approval enables Cygnus to work directly with licensed gaming establishments.
Cygnus’ industry-leading products and services are utilized by its clients, including Harrah’s, The Plaza Hotel and Casino, and TripReservations.com, to maximize sales opportunities that result in increased tourism dollars and the promotion of the ever important Nevada Tourism job market.
About Cygnus eTransactions Group, Inc. (Cygnus)
Cygnus provides ticketing, reservation and event management solutions on a fee per transaction basis for theme parks, attractions, live entertainment venues, sporting events and resorts. Cygnus serves as a technology partner for its customers, enabling sales through online stores, ticket offices, call centers, kiosks and ticket brokers. Cygnus provides a complete suite of complimentary products and services, including print-at-home ticketing, electronic will-call, event registration and credential distribution, access control, stored value cards, payment processing, management tools, real-time reporting and web analytics.
Forward Looking Statements
Some of the statements contained in this news release constitute forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including changes in general economic, political and business conditions, actions of current and potential competitors, ability to attract new and retain existing customers, and other factors could cause actual results to differ materially from the Company's expectations and these forward looking statements.
Business Development / Media Contact
Ian McMillan
321-234-2430
imcmillan@cygnus.com
Investor Relations Contact
Jeffrey P. Johnson
jjohnson@cygnus.com
ceIris is a registered trademark of Cygnus eTransactions Group, Inc.
