Parlay Game Services Expansion Continues With 24 Network Partners
22 Janvier 2010 - 6:05AM
Marketwired
Parlay Entertainment Inc. (TSX VENTURE: PEI), is pleased to provide
an update on the growth of its Parlay Game Services (PGS) Europe
managed service offering.
Ten brands are now in production on the PGS Europe network, with
another 14 signed and in implementation. The variety of brands
ranges from established online gaming sites, such as
Bingomania.co.uk and AstroBingo.co.uk, to retail and media
companies in a number of different markets.
"PGS Europe represents the only network in the bingo & soft
gaming sector to be truly multi-currency and multi-language, and we
now have pooled liquidity with English-, Swedish-, Spanish-and,
soon, Finnish-speaking players," said Scott White, CEO of Parlay.
"Built on the most advanced commercial-grade platform, Parlay5, the
PGS Europe network is now the fastest growing network in the
industry.
"The recent expansion in our business model - from a software
development and licensing firm to an internationally-focused,
turn-key, managed solutions provider - is gaining marketplace
acceptance," continued Mr. White. "Now companies have a viable
option available to them for an international managed
solution."
"These customers - and the level of interest we are seeing from
our existing customers and new prospects - validates the expansion
of our business model into this value-added services offering,"
said Perry Malone, Parlay's CTO. "The fact that we are able to
utilise our commercial-grade, award-winning technology platform
with newly established technology partnerships gives Parlay an
enhanced solution, providing more selection to a virtually
unlimited customer base. We are very excited about the future of
our PGS offering."
Parlay's Alderney-based PGS offering became fully operational in
the fourth quarter of 2009 as an internationally focused central
liquidity solution, offering remote gaming and RVB (registration,
verification and banking) services. Built on the Parlay5
multi-language and multi-currency technology, PGS allows pooling of
liquidity across currencies - something crucial to those operators
who wish to expand into the rapidly growing global market. The PGS
platform also leverages Parlay's ever-expanding technology
partnerships to offer a broad suite of third party content and
product functionality.
About Parlay Entertainment
Parlay Entertainment Inc. is one of the pioneers and technology
leaders in the online gaming industry. As the inventor and holder
of Internet bingo(1) patents, Parlay was the first company in the
world to develop and deploy a commercial Internet bingo product.
Parlay offers its customers a number of technology solutions which
include the commercial deployment of its award winning software
along with value-added Parlay Game Services managed solutions based
in Alderney and North America. PGS includes hosting services,
shared games and, in the case of PGS Europe, pooled liquidity
across the European marketplace. Some of the world's best known
brands use Parlay solutions. Parlay's head offices are located in
Oakville, Canada. Parlay is licensed or certified to conduct
business in Alderney, the United Kingdom, Isle of Man and
Malta.
This document may contain statements about expected future
events and/or financial and operating results of Parlay
Entertainment Inc. that are forward-looking. By their nature,
forward-looking statements require the Company to make assumptions
and are subject to inherent risks and uncertainties. There is
significant risk that predictions and other forward-looking
statements will not prove to be accurate. Readers are cautioned not
to place undue reliance on forward-looking statements as a number
of factors could cause actual future results, conditions, actions
or events to differ materially from the targets, expectations,
estimates or intentions expressed in the forward-looking
statements.
(1) United States Patent No. 6,585,590, Canadian Patents No.
2,340,152 and 2,618,843, with other Patent applications pending in
other countries
© 2010 by Parlay Entertainment Inc.
Contacts: Parlay Entertainment Inc. Scott F. White (905)
337-6505 swhite@parlaygroup.com
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