MANAGED GAMING SOLUTIONS PLC
Mobile Gaming Solutions to Launch A Commercial Consumer Service in Two European Countries
MOBILE GAMING SOLUTIONS PLC / Product Launch/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, May 8, 2008 – Mobile Gaming Solutions Plc ('MGS'), a leading provider of mobile and interactive gaming solutions, announced today that, following recent further developments in its technology portfolio and the market evaluation for mobile usage, the company plans to conquer new markets with its first direct consumer-oriented commercial service. The service, which is based on the use of internet and mobile phones, is on the verge of being launched in two pre-selected European markets. After this, MGS will consider additional launches in other countries. With this new product approach, MGS aims to benefit from its advanced technology and services know-how to address consumer markets directly, and thereby accommodate an unsatisfied demand in the respective consumer markets. The product launch and introduction plan follows a detailed market analysis, based on successful reference cases, identifying high potential for this type of service. MGS will source elements of the platform technology from two business partners in Finland and Sweden, together with whom MGS will then have an advanced key technology package available to address the consumer market. 'We are excited to announce our first direct consumer service. We believe this service will be very well received by the targeted consumers, and also the reference cases we have seen so far make us very confident. Important from a shareholder value perspective is that we expect to generate revenues in the very near future with this service, thus not involving long lead times. We think that based on the progress we are making with the launch preparations, we can go live by end of May,' says Juha Kiikeri, CEO of Mobile Gaming Solutions. 'We are delighted, that the international network that our management team entertains gives us access to a wide range of business options and technologies and so to consider various strategic opportunities for growth and earnings generation. The service in question is the result of an outstanding technical collaboration between our two business partners in Finland and Sweden, who have helped us to ensure that this product will meet the need for ease-of-use and a high level of technological integration', continued Kiikeri. 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 Metis-Corinna Tarta 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. 08.05.2008 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 ---------------------------------------------------------------------------
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