ATLANTA, Dec. 14, 2017 (GLOBE NEWSWIRE) -- Consorteum Holdings, Inc. ("Consorteum" or the "Company") (OTCPK:CSRH), a software
development company and mobile device solutions provider, today announced that its wholly owned subsidiary, 359 Mobile Inc., has
completed the framework integration of its UMI platform into the mass scale transaction and settlement mobile gaming framework
utilized by XpertX, Inc. The successful integration of the Universal Mobile Interface™ will facilitate the joint release of a
series of mobile offerings within the US and overseas commencing in 2018.
Craig Fielding added, “During the past several years, we have worked on a strategic plan to redirect our efforts to develop and
deploy end-to end solutions for both cloud and host based offerings in mobile solutions. Our XpertX relationship and offering is a
perfect vertical example of this. We have enjoyed a long-standing relationship with XpertX that continues to expand in scope as we
collaborate with them on mobile gaming solutions.”
About Consorteum Holdings, Inc.
Consorteum Holdings, Inc. is a mobile platform company focused on delivering compliant complex mobile-based transactions through
a mix of partnerships, license agreements, and joint venture revenue share arrangements. The Company is focused on FinTech,
otherwise known as next-generation financial technology. Consorteum aims to capitalize on the broad variety of technological
interventions into personal and commercial transactions by focusing its efforts and resources where it can leverage its expertise
in direct and vertical based solutions. For more information about the Company, please visit: http://consorteum.com.
About XpertX, Inc.
XpertX is a leading manufacturer, distributor, supplier and service provider for live-action keno systems, peripherals and
services worldwide. XpertX has recently launched a proprietary product called Wild Spots Bingo®. Players make Wild Spots
Bingo wagers on mobile or tablet devices that are tied to a centralized draw. XpertX holds 23 Gaming Licenses throughout the United
States and Canada. XpertX is the operator of MegaKeno®, Mega10® and Jumbo Keno® wide-area progressives. It also hosts
The Keno Information Network®, at www.kenousa.com, a keno results site which shows live draw results for subscribers. While
most of its business is conducted in the United States, XpertX Systems can also be found in casinos and other gaming locations,
with its reach extending as far as the Solomon Islands.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future
results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan,"
"planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such
statements are not guarantees of future performance and are subject to risks and uncertainties any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements. Actual results may differ
materially from the results predicted and reported results should not be considered as an indication of future performance. The
potential risks and uncertainties include, among others, the Company's limited operating history, its limited financial resources,
domestic and global economic conditions, activities of competitors and the presence of new or additional competition, and changes
in Federal or State laws impacting the Company and its business.
We assume no obligation to revise or update any forward-looking statement except as otherwise required by law.
Company Contact:
Patrick Shuster
Chief Operating Officer
patrick@consorteum.com
(888) 603-5161
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
SOURCE: Consorteum Holdings Inc.
