791 Technologies Limited is pleased to announce that it has joined forces with Las Vegas-based FantaZ to create the new FantaZ platform, partnering on delivering an innovative experience to FantaZ’ existing and growing community of international members. This initial $3 million collaboration agreement will lay the groundwork to a formal launch in 2018 and continue to expand with new offerings throughout 2018 and 2019.
“FantaZ’ initial market test was a huge success, registering 40,000 members to participate in over 750,000 events. Through that early prototype we discovered we needed to develop an entirely new approach to technologies that can meet the rapidly evolving business opportunities in our online marketplace,” notes FantaZ’ CEO, Brett Kelly, “We recognized we faced the same problems and risks of most other internet-based businesses: we needed to build a more stable platform that scales quickly and provides our members with a safe and secure place to participate. It put us on a quest to find the technologies FantaZ needs for our systems to handle experiences and events reaching thousands of new participants daily, and that search led us to the team at 791 Technologies with more than 3 decades of practical experience delivering large scalable, secure global transaction, data management, internet, and e-commerce solutions for leading manufacturers, governments, banks and telecoms.”
“When we first met FantaZ, they had narrowed their database search down to PostgreSQL,” recalls Geoff Davidson, the former PostgreSQL, Inc. CEO and now 791 Technologies CEO. “The only enterprise database we use for deploying our large scale builds. FantaZ is a perfect collaboration partner for us at this point in our own business, from their choice of database and need for a secure, stable and safe cloud-based platform, to their objective of offering their events to everyone to use anywhere, on anything ’from mobile to movie screen™'. That is precisely what our technology and team does best, and what we are all still passionate about continuing to improve and advance. This is another opportunity for us to use Open Source solutions for launching what we see as the new online industry FantaZ is creating in their social-marketing e-commerce marketplace.”
"never before has there been such a massive opportunity to build an online global business presented for free"