NEW YORK, March 8, 2012 /PRNewswire/ -- Elray Resources Inc. t/a Elray Gaming (OTC.BB:ELRA) a developer of turnkey online gaming and technology products, announced that it has concluded its acquisition of cutting edge Intellectual Property that will allow Elray to build unique cutting edge web technology that will be marketed under the brand CrazyJapps (www.crazyjapps.com).
The Company is already in the process of beta testing this powerful technology, its own branded browser plug-in Toolbar applications that will allow users to find discounts on general merchandise and services, and special offers for online poker, casinos, and gaming websites. As users visit certain websites they will be alerted directly from their browser from a drop-down notice showing any special discounts, cash bonuses, or special offerings within that site. As the user partakes in the special discounts, Elray would benefit by generating immediate revenue income from the use of the data obtained from these installs.
Initially CrazyJ Apps will have a daily deals application/Toolbar providing customers with coupons and discount alerts while they shop; this will be followed by a Financial Toolbar Application that offers financial information and provides users with the latest stock alerts, prices and news as well as a Casino Toolbar Application which will provide non US users with online casino deals and free money giveaways.
With millions of people using these applications every day, CrazyJ Media, a subsidiary of CrazyJ Apps, will be able to accumulate valuable data and establish customer habits and preferences. CrazyJ Media will use this information to offer clients the most relevant advertising for each individual, thereby enhancing the end user experience. This of course benefits advertisers with more focused targeted advertising and subsequently better value for money for their advertising dollar spends.
Mr. Goodman, CEO of Elray, stated that "This acquisition of cutting edge technology by Elray is extremely valuable and will result in substantial revenues. The overall market for virtual goods in the US is headed towards $2.9 billion for 2012, up from $2.2 billion this year, and $1.6 billion in 2010." Mr. Goodman also stated that "91% of online U.S. adults access social media in a typical month; two thirds of online U.S. adults use social media."
Online Gaming Toolbar Application
Many online poker and casino sites offer coupon bonus codes for new users. Through Elray Gaming's new Toolbar app active online poker or casino players will be alerted, right from their browser, on any special discounts and discount codes for any specific site. This would not only offer users the ability to find special discounts on many online gaming sites, but allow our company to build a database of active online gamers for future specials directly from Elray Gaming, where laws permit.
Stock Market Toolbar Application
As well as offering users discount specials from online gaming websites, the Toolbar can be customized for specific users seeking constant updates, such as with financial data, and promotional updates. Users could install the Toolbar and receive updates on specific currencies for active Forex traders, track their portfolio of stocks they follow, or receive alerts directly from their browser on stocks making out of the ordinary moves. This feature could also be marketed to specific companies, or investor relations firms, seeking greater exposure for their companies, while providing additional revenue opportunities for Elray Gaming.
In addition to offering users discount specials on websites they visit, our Toolbar app will allow Elray to target advertise to users who have installed the browser plugin application, and allow for the generation of targeted advertising revenues. In addition, the browser app will also allow us to target search engine search results that will target the users preferences, while also increasing Elray's advertising revenue traffic.
About Elray Gaming
Elray Gaming provides a complete turnkey solution for numerous successful online gaming companies as well as performs strategic marketing and consulting services for Online Gaming operators from all parts of the world. While our US office is in New York, we are a global company with offices in London, Sydney and Curacao homes of the largest online operators on the net, which helps us actively, manage and serve our clients. Our sophisticated patented software automatically declines any gaming requests from within the United States, as the company strictly complies with all local laws and jurisdictions, and the UIGEA (The USA's Unlawful Internet Gambling Enforcement Act of 2006). Our Sydney office allows us to tap into skilled resources and some of the world's largest client base, for regular, personal interaction, while our active operations are in a jurisdiction that is friendly to online gaming; our clients can rest assured that we are here to stay. www.elraygaming.com
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Safe Harbor Notice
The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ from those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, the company's ability to manage growth and fund future opportunities, the ability to attract and retain personnel, and public acceptance for our products.
South Street Media, Inc.
Melissa J. Diaz,
Phone: (917) 937-8968
Email: [email protected]
SOURCE Elray Resources Inc.