MARKHAM, Ontario, Feb. 12, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Evolution Technology Resources Inc. (ETKR.OTC) has signed an agreement with Highweb Trade Ltd, a Malta based online casino service provider better known for their B2B igaming tradename 1ClickGames. The agreement will deliver exclusivity, game development, infrastructure management, white-labeling, support and maintenance services in the area of information technologies for ETKR’s online gambling site VIPSpel Casino as well as future platforms.
The agreement between Evolution Technology and 1ClickGames is developing new online casino sites and adding new innovative incentives to make these sites operational and revenue producing and has provided Evolution Technology with the exclusive first right to acquire each of the new online operational casino sites that 1ClickGames develops. The agreement also covers the acquisition of existing sites which will increase the current user base to 275,000 from 27,000. When Evolution Technology first acquired VipSpel, the user base was 6,000 and grew to 27,000 users under the fourth quarter plan 2017.
The fourth quarter plan that the Company announced in October last year was successful. It focused on (a) building a core management team for the gambling & gaming sector portfolio (b) drive user growth (c) acquire a sportsbook (d) expanding core competencies.
With this agreement Evolution Technology and 1ClickGames are a supplier of premium white-label solutions for both iGaming startups as well as existing operators worldwide. 1Click Games focuses on fast integration and ensuring rapid and cost-effective time to market for all clients. Operators are provided a complete gaming site with a full suite of top iGaming products including casino, sportsbook, mobile casino and live casino, all deployed under a unified management platform, as well as services like sublicensing, branding and content management.
One of the major Product development milestones for 1ClickGames in 2018 is the addition of Blockchain technology to its already fully GLI19 certified platform.
The partnership with Highweb Trade Ltd, adds to Evolution Technology's growth strategy characterized by enhancing its current solutions as well as developing and introducing new products and services that keep pace with the developments in the online gambling industry.
About Evolution Technologies Resources, Inc.
Evolution Technology Resources is a business development company that is focused on acquiring intellectual property and assets for cloud computing, high tech and online gambling industries.
EvoTech is a rapidly growing gambling solutions and entertainment provider. The company will provide three revenue models; cutting-edge Cloud based Services, white label solutions for affiliates and B2C gambling services offering games from the best-of-breed suppliers across the online sports betting and casino industry. Online gambling is a maturing market, meaning there is already a wide base of users familiar with gaming products as well as supporting services such as online credit card payments and other means of electronic payments. ETKR aims to capture a significant size of that existing and growing market through high quality products and safe and secure infrastructure.
Investor Relations
Tom Lam
+1 855-782-3706
ir@evotechonline.com
For more information visit: www.evotechonline.com
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