MANAGED GAMING SOLUTIONS PLC
Mobile Gaming Solutions Publishes its Annual Report for Fiscal Year 2007 and Appoints New CFO
MOBILE GAMING SOLUTIONS PLC / Final Results/AGM/EGM Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- London, June 09, 2008 – Today Mobile Gaming Solutions Plc (MGS), a leading provider of mobile and interactive gaming solutions, has published its annual report for 2007 and announces that the Annual General Meeting will be held on June 30, 2008 at the Institute of Chartered Secretaries in London, starting at 10:00 a.m. GMT. In addition MGS is pleased to announce that Ms. Rachel Bailey has joined MGS as new Chief Financial Officer. 2007 was the first year in business for MGS. It was targeted to lay solid foundations and infrastructure for future business activities. Within one year, MGS has built up an extensive global network of relationships with the mobile world, leading game developers, and strategic sales and operational partners, enabling MGS to identify and develop attractive business opportunities as a specialised technology and service provider for mobile and online gaming solutions. During fiscal year 2007, the Company has established some very promising business leads, and strategic partnerships in the area of mobile and online lotteries and related products. Among others MGS, together with its strategic partner Mobile Holdings Systems Int’l, is currently about to launch its first text message based gambling game in Peru. Also, MGS has entered into a strategic co-operation with Beijing EasyLuck Systems Technology Ltd., a leading Chinese gaming systems and services provider, with the target to jointly approach the Chinese gaming market with mobile and online gaming solutions. Further, MGS is, alone and with business partners, in advanced negotiations with lottery operators in a number of situations or has signed definite agreements on providing its systems and services to new customers. Ms. Rachel Bailey, who has been appointed as Chief Financial Officer, brings with her a unique set of experiences, having most recently served as the chief financial officer at Bowman International Sports Limited – a pioneer off-shore gaming operator. At Bowman International, she worked recently as Chief Financial Officer, and is acknowledged in the gaming industry for her profound expertise and an excellent reputation. Ms. Bailey is a member of the Association of Chartered Certified Accountants (ACCA). 'In retrospect, the pace of our activities during 2007 has been high, and we will try to keep up this momentum in order to bring our products to the customers and expanding the MGS footprint through further strategic investments and partnerships', explained Juha Kiikeri, CEO of Mobile Gaming Solutions. 'Rachel’s appointment as CFO further strengthens the management team of MGS. Having gained profound experience in the financial sector and in the gaming industry gives her the ability to contribute broadly to our finance, operations and business strategy in the future', Kiikeri continued. 'We are confident that with our strategic positioning and our high-quality partnership network, MGS has a good chance to establish itself among the leading global mobile gaming solutions providers in the near future', added Kiikeri. The board of directors expects further positive business development for the ongoing year. Consequently, the management will continue to expand its business activities by following its international growth strategy. The Annual Report, including the audited financial statements, can be ordered via the company’s website www.mobilegamingsolutions.net. For any further information, please contact our Investor Relations Team: esVedra consulting GmbH t: +49. 89. 28 80 81 33 f: +49. 89. 28 80 81 49 info@esvedra-consulting.com www.esvedra-consulting.com About Mobile Gaming Solutions Plc Mobile Gaming Solutions Plc is a technology & service provider for mobile and interactive TV gaming. The company provides its customers with complete gaming solutions for a variety of cross media platforms, the main focus is on gaming platforms and SMS and interactive TV games of chance, betting and casino games played via mobile hand sets. 09.06.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: MOBILE GAMING SOLUTIONS PLC 1 Carthusian Street EC1M 6DZ London Großbritannien Phone: +44 203 102 8762 Fax: +44 207 250 3559 E-mail: info@mgscorporation.com Internet: www.mobilegamingsolutions.net ISIN: GB00B1QKRY38 WKN: A0MKW8 Listed: Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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