Company News: Page (1) of 1 - 03/29/07

Veridigm Announces Creation of New Subsidiary, Magnus Showbiz, to Deliver Online Entertainment Products and Services

Company to Partner With Major Sponsors and Brands in Providing Exclusive Entertainment

March 29, 2007 --

LOS ANGELES, March 29 /PRNewswire-FirstCall/ -- Veridigm Inc. (OTC Bulletin Board: VRDG), a company focused on providing progressive gaming software and entertainment services to the international online gaming community (excluding the USA), today announced the creation of a new wholly owned subsidiary, Magnus Showbiz. The announcement was made today by V.P. of Corporate Communications, Ms. Alise Mills.

This new subsidiary, subject to the approval of all filings, will focus on the delivery of exclusive and innovative entertainment products and services to the online global gaming community (excluding USA). Working with major sponsors and recognized brands, the Company will offer international online audiences privileged access to some of the world's most popular and exclusive games, shows and international special events.

"By partnering with both major sponsors and recognized brands, Magnus Showbiz intends to offer the most elite and sought-after interactive entertainment services on the Internet," stated Ms Mills. "We feel that the launch of Magnus Showbiz will lead the future of online entertainment services."


Magnus Showbiz's sites and services will offer this interactive content, updated daily, and will provide unique marketing channels for major sponsors and branding partners. Offering fully interactive sites enables the company to provide a customized approach for sponsors looking to connect daily and one- on-one with their targeted audience(s).

ABOUT VERIDIGM (OTC Bulletin Board: VRDG)

Veridigm Inc. is an OTC.BB Company focused on providing progressive gaming software and entertainment to the international online gaming community (outside the USA). With its exclusive, worldwide, royalty bearing license (excluding USA), the Company becomes a leading international provider of progressive gaming software.

Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

SOURCE Veridigm Inc.

Copyright 2007 PR Newswire. All Rights Reserved

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Related Keywords:Gaming, Internet, online game, Digital Media Software, Communications, Gaming, Web, PC Games,

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