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UBTA, RTCI, DWOG, VRDM - OTCStockExchange.com Stock Alert.

Publication: M2 Presswire
Publication Date: 31-MAR-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 March 2006-otcstockexchange.com: UBTA, RTCI, DWOG, VRDM - OTCStockExchange.com Stock Alert(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31032006

Rochester, NY - OTCStockExchange.com's "Stock Watch Alert" this morning are UBA Technology Inc. (PINK SHEETS: UBTA), Resort Clubs International, Inc. (Pink Sheets: RTCI), Deep Well Oil & Gas, Inc. (PINK SHEETS: DWOG), Veridium Corporation (OTCBB: VRDM).

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UBA Technology Inc. (PINK SHEETS: UBTA - http://finance.yahoo.com/q?s=UBTA.PK )

UBA Technology Inc., has entered into agreements to deliver its proprietary kiosk-based, peer-to-peer betting exchange platform for installation in stand-alone, self-operating kiosks, within traditional land-based casinos in select locations throughout the United States.

UBA has completed and delivered a fully functional operating system for which the host casinos have the ability to provide real time sports betting on a kiosk-based system. The interested parties are excited about its up-coming launch into selected casinos looking to break into this lucrative venue.

Kiosks will provide casinos an opportunity to increase their sports betting volume by strategically placing the kiosks in high traffic, well-travelled casino areas. These betting systems have the potential to include wireless devices, allowing casino gamblers to place bets from their hotel rooms, hotel restaurants and bars, and even poolside.

With high speed broadband and wireless services now available on a global basis, UBA is well positioned to market its betting exchange platform to qualified online operators. This software would give online operators the ability to generate additional revenues from their current casino and poker clientele.

Juniper Research estimates that mobile gambling will be a US$16.6 billion business...

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