OAKVILLE, Ontario, April 30, 2012 /PRNewswire/ -- BLACKBIRD
INTERNATIONAL CORPORATION (PINKSHEETS: BBRD) Blackbird
International Corporation is pleased to announce an exclusive
agreement to build and operate a 60,000 square foot Casino in the
town of Rio Hato, Panama. This is a rapidly growing holiday
destination with a myriad of existing hotels and resorts in the
area bordering a pristine beach environment. In addition to
the general population, the Casino is expected to cater to the
adjacent 300 holiday villas at the Pacific Ocean Resort as well as
to the 4 luxury hotels within a 3 mile shuttle drive.
The area is the fastest growing sector in the already rapidly
developing country of Panama.
"The new Blackbird Rio Hato Casino, is a tremendous opportunity
for our company, and we expect to announce ground breaking within
the next 90 days and to be fully operational in 2013," says
Lee Rector Blackbird's EVP.
This casino should open about 6 months after the one to
be set up in Mexico.
About Blackbird International Corporation
Blackbird is in the business of developing and implementing
software both in the gaming industry as well as in the field of
supply chain management . It develops products and provides the
installation and the services required by many Fortune 500 clients.
Among its clientele for its technology and services include
Fosters Beer (Australia), Nestle,
Coke Cola, MainFreight (Australia). It is in an acquisition mode in
order rapidly become a major firm in this lucrative global
market.
Furthermore, the company is setting up and operating
casinos and gaming centers in North
America, the Caribbean and
East Europe. Its first site shall
be in Queretaro, Mexico. The
Company has a letter of intent with Juegos De Mexicana by which it
will own 50% interest in the casino and will manage its operations.
The casino will be fully licensed to operate electronic gaming
terminals, bingo, keno, electronic card games, sports better and
several others. The Company shall use its expertise and software to
install and manage the electronic gaming equipment in the
casinos.
Contact:
John Pedder
john.pedder@insight-holdings.com
Forward-Looking Statements
This news release contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the
future.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include the fluctuations in the price of gold and in the event of
severe weather conditions. These forward-looking statements are
made as of the date of this news release, and the Company assumes
no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those
projected in the forward-looking statements. Although the Company
believes that any beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no
assurance that such beliefs, plans, expectations or intentions will
prove to be accurate.
SOURCE Blackbird International Corporation