Progaming Platforms Corp Presents Letter to Shareholders
Progaming Platforms Corp. (OTC QB: PPTF), a developer of a commercial multiplayer online gaming and reward processing platform, announced today that the Company has published the following letter to shareholders.
NEW YORK, August 21, 2013 /PRNewswire/ –
As CEO of Progaming Platforms Corp. I am excited to inform all of our shareholders at
our recent development reported in our Form 8-K filed with the SEC on August 19, 2013. We
announced the signing of an agreement with BreedIT Ltd., an Israeli company (“BreedIT”),
pursuant to which we will acquire an equity interest in BreedIT of 66.67% in consideration
for providing certain thresh-hold financing for BreedIT.
BreedIT recently entered into a binding MOU with the Institute of Plant Science and
Genetics of one of the leading universities of Israel, granting BreedIT an exclusive,
world-wide license for a unique and highly sophisticated Intelligent Decision Support
System (the “IDSS Software”), which was developed by a team consisting of among the
world’s leading breeding specialists for optimizing the breeding processes.
BreedIT’s IDSS software provides advanced solutions for plant or animal breeders and
researchers, generating and disseminating knowledge in breeding information technologies,
aiming at assisting breeders to plan, manage and analyze their breeding data and to
perform research activities quickly and effectively
We believe that the “IDSS Software, “that was developed and is being used by the
BreedIT team of scientists and agronomists located at one of the leading academic
agricultural institutes in the world, will dramatically change and improve both the world
of agriculture breeding in general and the booming world of medical marijuana in
The BreedIT IDSS Software addresses all activities related to plant or animal breeding
by supporting breeders at every stage of the breeding process and facilitating
communication between all parties involved, including those dealing with phytopathology,
molecular biology, agronomy and field or laboratory trials. We believe that the IDSS
System will significantly improve the planning, execution and management of the trial as
well as the growing process.
Under the auspices of the Israeli university, which has access to the most advanced
research laboratories and academic know-how, BreedIT will be at the leading edge of plant
breeding R&D as a result of decades of accumulated knowledge and experience, making the
IDSS Software unique, state-of-the- art breeding process and solution.
Since the IDSS Software is capable of substantially improving and optimizing virtually
all breeding procedures, it will provide breeders with a highly-advanced and efficient
means of increasing quantities, improving quality and producing more dedicated plants and
animals, with better resistance to disease and environmental stress, as a result of the
fact that the IDSS Software involves non-GMO and environmental friendly processes.
By using our proven IDSS technology to improve Cannabis strains and to breed new
hybrids of Cannabis, we believe that BreedIT will be able to very well address the growing
world need for better and more efficient commercial varieties of the plant. Our goal is to
become the world leader of Cannabis breeding.
While BreedIT’s IDSS Software represents the state-of-the-art technology for breeding,
it requires strategic assistance in order to develop a billing and cloud support system.
This know-how, technology and “GER” algorithm has already been developed by and is the
provenance of Progaming Platforms Corp. Our Company will provide BreedIT an essential
element for making the IDSS Software a definitive commercial product.
Dr. Oded Sagee, CEO and founder for BreedIT, has expressed his desire to integrate our
technical expertise and capabilities into BreedIT’s IDSS Software .
We will continue to inform our dedicated shareholders with additional updates in the
coming weeks and months.
Erez Zino, CEO, Progaming Platforms Corp.
For more information on Progaming Platforms Corp., please visit
This letter contains forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of
1934, as amended. All forward-looking statements are inherently uncertain. In evaluating
such statements, prospective investors should review carefully various risks and
uncertainties identified in this release, as actual results may differ materially from
those indicated.* Progaming platforms Corp public filings may be viewed at
Contact: Erez Zino, CEO firstname.lastname@example.org +1(917)522-8377
SOURCE ProGaming Platforms Corp