MANAGED GAMING SOLUTIONS PLC
Mobile Gaming Solutions Launches Its First Direct Consumer Service in the United Kingdom
MOBILE GAMING SOLUTIONS PLC / Product Launch 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 12, 2008 – Mobile Gaming Solutions Plc (MGS), a leading provider of mobile and interactive gaming solutions, is pleased to announce the successful launch of its first direct consumer-oriented (B2C) service in the UK. The service, marketed under the brand 'PenceBids', is an American-style all-pay online countdown auction. As from today, consumers can easily bid for attractive products at very low prices on the www.pencebids.com webpage. The new auction platform can be accessed by customers via internet and mobile phones – combining easy-to-handle technology with a fun and exciting auction experience, and a way to make low-budget purchases of attractive consumer products. The online auctions are based on an innovative and integrated software system. The auction engine automatically checks and validates incoming bids, and handles the auction countdown. Also, the system integrates payment handling, CRM and other process and monitoring management functions. For every product auctioned, the starting auction price is set at £ 0.01. Every validated bid received during the countdown increases the auction price with £ 0.01, and re-starts the countdown procedure. The price for each bid sent in varies between online and mobile bids – mobile bids cost £ 1.50, and are charged by the mobile operator, whereas for pre-registered users who have purchased a pre-paid bulk of bids online, the bids are sold at a lower price. 'We are very happy that MGS can add this exciting service to its portfolio. We consider the launch of PenceBids in the UK as an important strategic move for us, as this is our first ever B2C product; we are confident that we can establish PenceBids as a leading brand in this segment, honoured by customers for its high-quality service and reliability, as well as for the fun and excitement element involved with this type of auctioning', comments Juha Kiikeri, CEO of Mobile Gaming Solutions. 'We aim to launch this innovative service also in other pre-selected European markets in short, and furthermore we are working on plans related to other similar services for short and mid-term', Kiikeri concluded. 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 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. 12.06.2008 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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