Casino Management of America, Inc. to Purchase Company Serving the Utilities Industry

LIGHTHOUSE POINT, FL--(Marketwire - August 17, 2009) - Casino Management of America, Inc.
(PINKSHEETS: CGMA) announced it has signed a letter of intent to acquire
Crosslands Utilities Services, Inc., a Texas-based company that develops,
markets and services its proprietary, intelligent optical probes and
related products to major electric utilities throughout the United States.
Crossland's proprietary technology is an integral component of the emerging
"Smart Grid" system being developed in the United States and abroad.

The Company has found an opportunity for a revenue producing business with
growth and other potentials. To further the acquisition plans, the Company
signed a letter of intent to acquire the Crosslands. Given the global
economic recession and shift to emerging energy solutions, the Company's
Board of Directors decided that it could enhance its shareholders' value by
seizing an opportunity to shift from the gaming industry focus to the
energy industry. Over the next 90 days, the Company plans to close the
acquisition of Crosslands, seek additional acquisitions within the
utilities services industry and divest its casino management operations or
focus. The closing of the transaction is subject to a number of conditions
customary for similar transactions.

Gene Foland, Casino Management of America's CEO, commented, "We anticipate
the acquisition of Crosslands proceeding smoothly and look forward to an
exciting new direction for the Company." Clyde Parks, Chairman of
Crosslands Utilities Services, Inc., said, "We intend to leverage
Crosslands' technologies and management's industry relationships to pursue
synergistic opportunities."

About Crosslands

Crosslands' probes were designed to be compatible with both handheld and
laptop computers for programming and reading electric meters. These series
of probes, well received by the utility industry, have established
Crosslands as a leading, quality manufacturer of high technology devices.
Their company also distributes related products used by utilities worldwide
to collect and optimize the monitoring of their customers' power usage
data.

This press release includes certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements include, but are not limited to, statements
regarding our current business plans, strategies and objectives that
involve risks and uncertainties that could cause actual results to differ
materially from anticipated results. The forward-looking statements are
based on our current expectations and what we believe are reasonable
assumptions; however, our actual performance, results and achievements
could differ materially from those expressed in, or implied by, these
forward-looking statements. Factors, within and beyond our control, that
could cause or contribute to such differences include, among others, the
following: we have a history of losses and an accumulated deficit, expect
losses to continue for the foreseeable future and are subject to risks. We
don't anticipate updating any such statements.