Diamond I GS2 Preliminary Design Completed

5 October 2006

LAS VEGAS, Nevada – (PRESS RELEASE) -- Diamond I, Inc. (OTC Bulletin Board: DMOI), a developer of wireless gaming products, including the GS2(TM) wireless hand-held gaming unit and the WifiCasino(TM) wireless gaming system, today announced that it has completed the preliminary design of a custom-design GS2 for use in the previously announced Global Gaming Platform venture.

Diamond I's custom GS2 embodies an ergonomic design with a 3-1/2 inch diagonal screen and will be equipped with Diamond I's patent-pending biometric security technologies. Except for users with mobile phones, the GS2 will be the only hand-held device designed for use in the Global Gaming Platform.

Dan Morgan, CEO of RVG, one of Diamond I's strategic partners and the strategic alliance's leader, stated, "Diamond I has the vision to see what it takes to introduce new and exciting technologically advanced gaming products to the Nevada and worldwide gaming industries. David Loflin is truly a pioneer in the wireless gambling arena."

The Global Gaming Platform will be developed by a strategic alliance among Diamond I, Real Video Gaming, Inc. (RVG), Voyant Media Group, Inc. (VMG) and Ibis Networks. The Global Gaming Platform will enable video, audio and betting information from real gaming devices to be transmitted without delays to the Internet, Diamond I's GS2, PDAs and mobile phones simultaneously anywhere in the world. A definitive venture agreement is expected to be completed in the near future.

The Global Gaming Platform will transmit real-time video of actual gaming devices, such as craps, slots and roulette, from actual casinos to users who will, then, be able to interact with such devices, as if the user were present at the host casino.

Once completed, the Global Gaming Platform will be fully scalable, allowing an unlimited number of people in different locations throughout the world to play the same game or participate in the same tournament at the same time.


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