MANAGED GAMING SOLUTIONS PLC
Managed Gaming Solutions Further Strengthens Its Position in the Emerging Markets – New Caribbean Joint Venture Launches Series of Mobile Lottery Games in the Region
MANAGED GAMING SOLUTIONS PLC / Joint Venture 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, November 19, 2008 – Managed Gaming Solutions Plc ('MGS'), a leading provider of mobile and interactive gaming solutions, and Three Apple N.V. from Curacao, a Caribbean business development company, today announced that they have successfully started new mobile lottery services in the Caribbean region through their Curacao based Joint Venture named MGS Caribbean N.V. ('MGSC'). The Joint Venture, located in Willemstad, Curacao (Netherlands Antilles), is focusing on developing mobile and online gaming-related business opportunities in selected countries in the Caribbean region being part of the 'CANTO' area. This CANTO market area has about 16 million mobile subscribers today, which is expected to grow to almost 19 million subscribers by 2011. MGS is contributing its proprietary technology and product know-how in mobile and online gaming technology and services, while Three Apple N.V. is bringing in its high-profile contacts network in the Caribbean area. Normann Kleine, the CEO of MGSC, is a Dutch entrepreneur with profound expertise in and access to the Caribbean region. Operations of the Joint Venture have already been started embedded into an attractive marketing concept including TV, radio and print advertising. In Suriname first interactive mobile bingo and mobile lotto services have already been launched, and are to be followed with a series of other game launches in the region. 'We believe that MGS Caribbean has an excellent set-up and a market strategy to create good business in the CANTO area. The market is very interesting for gaming solutions using new technologies; people in this region are very much adaptive to new technology, and games of chance have a strong tradition with these people. In Suriname for example, we have already seen tremendous take off of our games, totaling up to more than 1 % of the whole population playing our games on daily basis', said Tero Turunen, Chairman of MGS Plc. 'Furthermore, this launch is another step in our vision to be the fastest growing lottery related gaming provider in the emerging markets', Turunen adds. MGS holds a 40 % stake in the Joint Venture, the remaining 60 % are held by Three Apple N.V. For more information about the company and its services and products offered please visit www.mgscorporation.com. For more information about the company and its services and products offered please visit www.mgscorporation.com. For any further information, please contact our Investor Relations Team directly: esVedra consulting GmbH Metis Tarta-Steck t: +49. 89. 28 80 81 33 f: +49. 89. 28 80 81 49 info@esvedra-consulting.com www.esvedra-consulting.com About Managed Gaming Solutions Plc Managed Gaming Solutions Plc (former 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 lies on gaming platforms and SMS and interactive TV games of chance, betting and casino games played via mobile handsets. 19.11.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: MANAGED GAMING SOLUTIONS PLC 27/28 Eastcastle Street W1W 8DH London Großbritannien Phone: +44 208 133 6878 Fax: +44 207 250 3559 E-mail: info@mgscorporation.com Internet: www.mgscorporation.com ISIN: GB00B1QKRY38 WKN: A0MKW8 Listed: Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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