Parlay Launches Parlay Game Services
LONDON, UNITED KINGDOM, Jul 13 (MARKET WIRE) --
Parlay Entertainment Inc. (TSX VENTURE: PEI), the world's leading
supplier of Internet and TV bingo software solutions, is pleased to
announce the launch of Parlay Game Services in Alderney. This follows the
granting of a full eGambling License to Parlay Games Limited by the
Alderney Gambling Control Commission. Parlay Games Limited is an Alderney
based subsidiary of Parlay Entertainment.
Perry Malone, Chief Technology Officer for Parlay said, "We are thrilled
to launch a new generation and dimension of game services out of
Alderney. This becomes the central liquidity solution for all our
licensees, as well as the platform for a number of exciting remote gaming
services open to all operators. The Parlay5 based pan-European
capabilities that this enables are unmatched by any other technology
platform provider."
The Head of E-Commerce Development for the Alderney Gambling Control
Commission, Robin Le Prevost added, "We are delighted to welcome Parlay
to Alderney, we continue to see a substantial migration towards Alderney
by many of the world's best gaming brands who recognise that as an
international base Alderney has no equal as a safe, secure and trusted
jurisdiction supported by a world class technical infrastructure and
commercial environment."
The granting of the full eGambling License follows on last year's
acceptance of Parlay Entertainment's software for operation within
Alderney. At the time, Parlay was required to demonstrate that its
software complies with Alderney's rigorous operating requirements and
high standards of regulation. The acceptance of Parlay software for
operation within Alderney - a UK 'white listed' jurisdiction - came in
addition to Parlay's existing gaming licenses and certifications in
Malta, the UK and the Isle of Man.
"Parlay Game Services Alderney represents an important new strategic
direction for Parlay," said Scott White, CEO for Parlay. "Building on our
industry leading technology platform, PGS will offer value-added
solutions including hosting services, shared games and pooled liquidity
across the entire European marketplace."
About Parlay Entertainment
Parlay Entertainment Inc. is the world's leading developer and licensor
of Internet and TV bingo solutions. 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 Bingo is
available in 75-, 80- and 90-ball versions and is complemented by a full
suite of lottery and casino games. Our multi-player, multi-platform
technology is used to power more online bingo sites than any other
software provider in the world. Some of the world's best known brands use
Parlay solutions, including Virgin Media, Yahoo!, Littlewoods, NetPlay TV
and the Entraction, TGN and St. Minver bingo networks. Parlay's head
offices are in Oakville, Canada with offices in Alderney, Bridgetown,
Barbados, and Valletta, 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
(c) 2009 by Parlay Entertainment Inc.
Contacts:
Parlay Entertainment Inc.
Peter Trinz
+1 (905) 337-6550
ptrinz@parlaygroup.com
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