Worldlink Group Plc Update on Funding


 
TIDMWGP 
 
4 October 2012 
 
                               Update on funding 
 
Following the announcement by Worldlink Group Plc ("Worldlink" or the 
"Company") on 18 July 2012 that Across The Line Limited was to acquire 51% of 
Worldlink's wholly owned subsidiary Worldlink Sport Limited in return for a 
required amount of funding, the Company today announces that the agreement has 
now been terminated due to the required funding not being delivered to the 
Company. The agreement was terminated by Worldlink on the basis of total 
non-performance by the contracting company and its principals. 
 
Notes to Editors 
 
About Worldlink 
 
Worldlink is one of the UK's leading real-time mobile applications companies 
with patented technology that allows information held on the mobile device to 
be updated automatically without the need for a manual refresh. Information is 
delivered via a mobile telecommunications network in real time, whilst 
intelligently minimising the bandwidth required to transmit the data. The 
technology is patent protected in the US and UK and is patent pending in 
Europe.Worldlink has already licensed its patents to leading institutions in 
the financial and technology sectors and is furthering this process in the UK, 
US and Europe.For more information about Worldlink and its businesses please 
visit www.worldlink-products.com. 
 
Contact 
 
For further information please contact: 
Neil Riches 01737 221 078 
Managing Director 
Worldlink Group Plc 
 
 
 
END

Worldlink (LSE:WGP)
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