20th Apr 2007 10:36
Alphameric PLC20 April 2007 20th April 2007 Alphameric plc ('Alphameric' or 'the Group') Paddy Power signs long-term agreement with Amalgamated Racing Alphameric, the provider of end-to-end solutions for the leisure and hospitality sectors, is pleased to announce that Paddy Power plc has signed a long-term agreement with its joint venture company Amalgamated Racing to show TURF TV in all its Irish and UK licensed betting offices. The multi-million pound agreement which runs to at least 31st March 2013 (after which renewal rights exist) is the first major sale of the new channel. Alan Morcombe, Alphameric Group Chief Executive, said: 'Paddy Power is a very important customer for Turf TV and they have put the interests of their punters first in agreeing to deliver Turf TV to their licensed betting offices in the UK and Ireland. I am delighted to say that all Paddy Power shops will be receiving coverage from Newbury, today, when the channel goes live for the first time. We look forward to working with Paddy Power over the coming years during which time both companies expect to work closely on the development of the channels' content for the benefit of the wider bookmaking community.' - ends - For further information, please contact: Alphameric plc Alan Morcombe, Group Chief Executive 01483 293 971Mike McLaren, Group Finance Director Weber Shandwick Financial Nick Oborne 020 7067 0700 Notes to Editors Alphameric plc is listed on the London Stock Exchange, and has for over 20 yearsprovided a range of technology and operating services to the bookmaking marketincluding Electronic Point of Sale ("EPoS") terminals, screen systems, mediamanagement and data services. Alphameric's customer base covers approximately90% of British bookmaker shops including the major bookmakers such as WilliamHill, the Tote, Coral, Ladbrokes and BetFred. Alphameric provides mediamanagement services to nearly half of the smaller independent bookmaking market. Amalgamated Racing is the owner of Licensed Betting Office media rights of 31British racecourses, including Aintree, Ascot, Ayr, Bangor, Beverley, Carlisle,Cartmel, Catterick, Cheltenham, Chester, Epsom, Goodwood, Hamilton Park, HaydockPark, Huntingdon, Kempton Park, Ludlow, Market Rasen, Musselburgh, Newbury,Newmarket, Nottingham, Pontefract, Redcar, Salisbury, Sandown Park, Thirsk,Warwick, Wetherby, Wincanton and York. Its shareholders include Racing UK whichin turn is owned by the participating race courses. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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