2013-02-06 14:39:20 -
HUNTINGTON, NY -- (Marketwire) -- 02/06/13 -- Compliance Systems Corp (OTCQB: COPI), doing business as SeanieMac Limited, the parent company of the all-Irish online sports & casino wagering website www.SeanieMac.com : ctt.marketwire.com/?release=982640&id=2579896&type=1& ..
, today announced it has appointed Jon Garfield and Shane O'Driscoll to the Board of Directors.
Mr. Garfield brings over 20 years' successful experience as a senior public company, private equity and venture capital executive and board member of developmental and emerging growth companies to include years of public and private company CEO and CFO experience. He has been instrumental in leading over 50 M&A transactions, and was co-founder of a NYSE-listed company that grew from concept to $1 billion.
Prior to beginning his career as a corporate executive, Mr. Garfield practiced public accounting with Arthur Andersen and PricewaterhouseCoopers. He received his CPA license in 1987 and in 1986 received his Accounting degree from the University of Texas, Austin.
Shane O'Driscoll is a Co-Founder of Seanie Mac. From 2008 to present, he has served as Entertainment Director at INEC, Gleneagle Hotel Group, Killarney, Ireland. Mr. O'Driscoll's duties include managing a staff of over 30 employees, all event, festival and production management and procurement of artists and talent for shows. From January 2007 to the present, he has also served as the Director of the Killarney Summerfest.
Some of Mr. O'Driscoll's key achievements include: increased annual entertainment revenue of the INEC by over 150% over five years; generated substantial sponsorship revenue; produced artist events such as Elton John, Bryan Adams, David Gray, Van Morrison, Snow Patrol, Paolo Nutini, Des Bishop, Billy Connelly, Willie Nelson, Imelda May, Jedward, Westlife, Meatloaf, Simple Minds and many more international artists as well as the majority of Irish country music, comedy, rock and pop acts; listed in the "Who's Who" of the Irish Entertainment Industry by Hot Press for five years in a row.
Commenting on his appointment to SeanieMac, Jon Garfield said, "Led by a team of senior hospitality industry executives, SeanieMac is establishing a strong and valuable niche in the rapidly growing internet gambling industry. I believe it offers a ground floor opportunity with unlimited potential, and I am excited to be able to contribute to its success from the start."
Mr. O'Driscoll said, "Sean, myself and others have been working to build and develop SeanieMac since 2011. I am excited to launch operations soon and am quite confident that with our all-Irish and GAA niche, and extensive marketing expertise in Ireland, we will capture a valuable share of the market."
"Jon is a veteran U.S. public company financial executive with broad corporate experience and U.S. capital markets expertise," said Sean McEniff, SeanieMac Chairman of the Board of Directors. "He will play an important role in our corporate governance, and I am delighted to welcome him to our Board of Directors.
"Shane is a terrific entertainment industry managing director with a successful track record ideal for marketing to the Internet sports book gambling sector," Mr. McEniff added. "His input and contribution to the founding of SeanieMac continues to prove invaluable."
SeanieMac Limited is a development stage Irish company. It owns and operates www.SeanieMac.com : ctt.marketwire.com/?release=982640&id=2579899&type=1& ..
, an online sports and casino wagering web-based platform serving gamblers directly under the brand name SeanieMac.com, and plans to launch wagering operations next month.
While the site offers wagering for many categories outside of sports, SeanieMac intends to capture the Irish market by initially focusing on the Gaelic Athletics Association (GAA) or Gaelic Games as well as Irish horse racing and soccer. Its mission is to offer a market-leading, user-friendly website for online gambling, including sports betting and casino gaming (traditional casino, live casino, poker, bingo and interactive skilled games). The Company does not market to U.S. residents and, hereby, specifically discourages them from attempting to access its wagering services.
The Irish gambling industry generated approximately $18.7 billion in 2011 revenue, with $1.7 billion of that generated online and growing rapidly at double digit rates. The Irish online gambling sector is projected to reach $3.2 billion in 2012.
As its national pastime, the Gaelic Games have long been popular in Ireland but they are gaining worldwide appeal, especially in areas with large communities of Irish emigrants and their descendants, such as the U.S., Canada, Australia and the United Kingdom, where many communities have their own teams and clubs participating in the Gaelic Leagues locally and internationally. To learn more about the GAA, see www.gaa.ie : ctt.marketwire.com/?release=982640&id=2579902&type=1& ..
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
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