CYOP Systems Announces New Licensee; Company Signs Licensing Agreement with Troma Networks

Business Wire, Oct 22, 2002

Business Editors/Entertainment Editors/High-Tech Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 22, 2002

CYOP Systems International Inc. (Nasdaq OTC:CYOI.OB), the leading provider of online Games and Tournaments of Skill, today announced that is has reached an agreement with Troma Networks Inc. whereby CYOP's Pay for Play software will be available on the Troma network at a number of Sites.

CYOP will license its proprietary Pay for Play Skill-Based Internet gaming software called CrediPlay, www.crediplay.com to Troma, a company with a number of sites in its 'Coalition' including www.troma.com, www.tromaville.com and www.newgrounds.com.

In accordance with the agreements, CYOP will provide Troma with its software including a number of games, site integration, and customer support. Some of the games to be integrated include Skill Bingo, MeteorBlast, MahJong, BrickAway, Entrapment, Darts (301 and cricket), Megaspheres (normal and speed), Switch Solitaire, Hit 13, Free Cell, Klondike solitaire, 5 x 5 Poker, Drop 21, Toadtris, Skeet Shoot, and NumRunner.

Patrick Smyth, President of CYOP stated that, "The Troma Network is a natural fit for our suite of games given their wide appeal to a broad demographic online. With this new system of Pay-for-Play, current Internet revenue models are being transgressed, providing Troma with the opportunity to diversify by tapping into its database for more than just advertising revenue. There are companies on the Internet who are aggressively perusing new forms of models for business, and we believe the multi billion online gaming industry will be one of their focuses."

About CYOP

CYOP is a developer and provider of online skill-gaming solutions and services for the online entertainment and gaming industries. CrediPlay, www.crediplay.com, a proprietary application, is a online transaction platform that is based on charging a Network Maintenance Fee (NMF) for each game of skill played over the Internet, including Puzzle/Board/Trivia/Learning games, Action Games, Strategy, Driving/Racing and Adventure/Role Play games.

For more information please visit www.cyopsystems.com.

About Troma

Co-founders Lloyd Kaufman and Michael Herz run Troma Entertainment, the oldest independent movie studio in the world. Troma's library contains over 1000 titles, including The Toxic Avenger series, Class of Nuke Em' High, Tromeo and Juliet and Terror Firmer, as well as early efforts from Samuel L. Jackson, Kevin Costner, Billy Bob Thornton, Trey Parker, Robert DeNiro, and Vincent D'Onofrio.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including technological and operational challenges, need for additional capital, changes in consumer preferences and developments affecting the Internet.