NET ENTERTAINMENT: TWO NEW LICENSE AGREEMENTS TO NET ENTERTAINMENT
Net Entertainment has signed two new license agreements with Goldvictory Ltd.
and an undisclosed Eastern European operator for delivery of CasinoModule™. In
total Net Entertainment has thereby signed 16 new license agreements during
2007.
GoldVictory Ltd. (www.goldvictory.com) is a fast growing gaming operator
licensed in Malta. GoldVictory is primarily targeting the Greek market and aims
to launch the CasinoModuleTM during the first quarter of 2008.
In addition, Net Entertainment has signed a license agreement with gaming
operator that addresses the eastern European markets. The operator, who at this
point would like to remain anonymous, offers betting online and offline
throughout a considerable amount of betting shops. By signing an agreement with
Net Entertainment the operator will be able to offer its clients an even wider
product base.
“The online gaming market is becoming increasingly competitive and the
operators are today very cautious when selecting vendor and platform” says
Johan Öhman, CEO of Net Entertainment. “Net Entertainment’s CasinoModuleTM is
by many considered to be the market leading solution for online casino gaming.
Continuous investments in R&D ensure that our clients obtain spearhead
technology and innovation. The 16 new agreements that have been signed during
2007 underlines our competitiveness and we see a continued strong demand on the
market.”
Net Entertainment develops digitally distributed systems for Internet gaming.
The core product, CasinoModule™, is a complete gaming platform that comprises a
high number of browser based games as well as a powerful administration tool.
Customers are offered a system solution that is adapted to each customer and is
easily integrated with their existing websites. Net Entertainment licenses the
CasinoModule™ on a royalty basis based on the revenues the product generates.
Net Entertainment is listed on the Nordic Growth Market (NET-B). More
information about Net Entertainment is available on www.netent.com.
For more information please contact;
Johan Öhman, CEO Net Entertainment; Phone +46 8 55 69 67 05, Cell; +46 704 86
77 15,