MANAGED GAMING SOLUTIONS PLC
Mobile Gaming Solutions acquires Tatami Holdings Ltd, entering into a new area of activities
MOBILE GAMING SOLUTIONS PLC / Acquisition 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, May 22, 2008 – Mobile Gaming Solutions Plc (MGS) is pleased to announce that it has acquired Tatami Holdings Ltd. The relevant contract with the owners of Tatami Holdings Ltd. was signed early 2008, and the completion of the transaction took place in April 2008. Tatami Holdings Ltd is a Cyprus-based company that is focusing on commercialisation of intellectual property assets in the communications technology area. It holds patents for peer-to-peer (P2P) communications technology (DMTS), which has been developed in Finland. DMTS is a fully controlled and secured digital content distribution system where content can be shared by the users (peer-to-peer). The system is equipped with unique transaction based digital rights management (DRM) method without any predefined keys. The content distribution can be initiated ‘on demand’ or ‘push’ or in combination of these two models ‘on-demand push’. This Technology is designed for efficient distribution of all type digital content. The DMTS technology owned by Tatami is already patented in Europe and in Russian Federation, and the patent applications are pending in the USA, China and Hungary. 'DMTS technology creates a huge opportunity for P2P type efficient and fast distribution to end users for e.g. music, film and game industries which are exploring alternatives methods for existing time consuming and costly physical distribution channels', says Mr. Juha Kiikeri, CEO of Mobile Gaming Solutions Plc. 'New technology is required to satisfy growing consumer demand for faster distribution', Mr. Kiikeri continues. 'In the digital content distribution market, there is need for legal P2P distribution models where copyrights and content owner rights are respected and combined with secured DRM solution. Our patented DMTS technology is a perfect solution for this purpose', states Mr. Kiikeri. 'Many leading international technology corporations have shown their interest in the DMTS technology owned by Tatami. In addition to personal computers, smart phones and other advanced mobile devices are expected to be important hosts for P2P distribution networks in next coming years.' 'MGS sees that there are opportunities to utilize the technology in its own games distribution as well as to license the patented technology to other technology and media companies that need efficient content distribution technology', Mr. Kiikeri continues. The parties agreed to treat further details of the transaction confidentially. You can find more information about the company, its services, products and business operations on the company’s website www.mobilegamingsolutions.net. For any further information, please contact our Corporate Communications Team directly: esVedra consulting GmbH Metis-Corinna Tarta t: +49. 89. 28 80 81 33 f: +49. 89. 28 80 81 49 info@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. 22.05.2008 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 ---------------------------------------------------------------------------
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found