Here's V2:

Toned the color down a bit and added some purplish color to the upper part.
Tried to add some effects near the text but couldn't do something that I liked .. so just added some lighting.
Also tried to add the large text to the right but as
DumboDii said it didn't go very well .. I added a small text there though and I think it's ok... oh and I also changed the border : )
That's about all I did ... What do you think?