VALLEY STREAM, N.Y., Oct. 26, 2012 (GLOBE NEWSWIRE) -- Face Up Entertainment Group, Inc. (OTCBB:FUEG), a Reality Gaming Social Network company, today announced that it has begun internal testing on Super Turbo Poker and will, upon successful testing, make this poker game available to its members.
A Turbo poker tournament, sometimes called a Speed tournament, is a tournament where the blinds rise at a more accelerated rate than at a regular poker tournament. Additionally, the amount of time each player has to act is reduced. Usually, the blinds will increase every 5 minutes, but sometimes the blinds rise every 3 minutes.
"For players who already tend to act decisively and better under pressure, the Turbo offering in tournament style will make a great addition to our existing platform," stated Felix Elinson, the Company's CEO.
"Online poker tournaments which are played under Turbo conditions move along at an increased pace and have unique advantages over other tournament which can drag on for a couple of hours. This creates a more action packed, intense type of poker tournament where people have to act quickly. It is our intention to continuously expand the company's offerings and we anticipate that these new games will open new opportunities for those players who prefer games outside of the regular pace of Texas Holdem. We are hopeful that the addition of these games will help the company attract new members to our community," added Mr. Elinson.
The Company's game proprietary platform (www.FaceUpGaming.com) is being used in creating a vast global gaming network consisting of games from every region of the globe, supporting native languages as well as cross language functionality. Logical additions to the platform include global staples in gaming such as Backgammon, Poker, Chess and Checkers and many others. Face Up Gaming is a legal non-wagering online gaming platform (www.FaceUpGaming.com).
Face Up Entertainment Group, Inc. is committed to responsible game-play and is not a gambling site. "Our goal is to maintain the thrill of online games while keeping it safe for everyone. Our social networking functionality provides the user base with the ability to grow their circle of friends beyond those they physically reach day to day. Our users sit down to play a game and more often than not leave making a connection with a stranger which is then maintained via our social network functionalities," stated Mr. Elinson.
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Matters discussed in this release may constitute forward-looking statements. The U.S. Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation.
Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believe," "hopeful," "anticipate," "vast experience," "uniquely designed," "continuously expand," "plan," "potential," "may," "should," "will make" and similar expressions identify forward-looking statements.
The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include our ability to identify and in-license and the ability to adequately fund such targeted acquisitions. Risks and uncertainties are further described in reports filed by Game Face Gaming, Inc. with the U.S. Securities and Exchange Commission.
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Source:Face Up Entertainment Group, Inc.