2nd Jun 2006 07:01
Playtech Limited02 June 2006 Playtech Ltd Signs Exclusive Partnership Contract with Major Mahjong Game Developer Continues Playtech's Drive into Asia Playtech, the AIM listed international designer, developer and licensor ofsoftware for the gambling industry, today announces that it has agreed exclusiveterms with TankSoft Inc, one of the foremost specialists in mahjong gamingsoftware. As a central part of Playtech's strategy to build on its market leading positionin Asia and to gain competitive advantage it aims to offer its Licensees thebest mahjong products available. After extensive research TankSoft was chosen asthe ideal partner in that it is the only company that offer solutions to themajor issue of collusion. It also allows Playtech to offer a full range ofmahjong games which include country specific versions and various unique andpatented features. Playtech expects to be able to offer its licensees Mahjonggames by the end of 2006. TankSoft is a well established and respected company in its gaming field, havingbeen responsible for mahjong products dating back to 2000 and is holder ofseveral key mahjong patents. Its management team has unparalleled experiencewith President and CEO, Dr Tai-Up Kim, being involved in the game for over 30years. The company also retains the consultant Mr Ide Yosuke, who has been worldmahjong champion on several occasions and has published more than 20 books onmahjong. TankSoft has previously licensed its mahjong programme libraries toNexon Japan who have been utilizing the TankSoft product on their play for funsites. Avigur Zmora, CEO of Playtech, commented: "We have 11 sites that cater specifically for the Asian market that have beenrequesting mahjong games from us. In order to ensure the quality of product thatour licensees have come to expect from Playtech we have been careful to find thebest partner in this field. In TankSoft we believe we have found that partner.By the end of 2006 we will have added TankSoft's market leading games andfunctionality to Playtech's tried and tested core gaming platform which willhelp us to further penetrate the Asian market." TankSoft President, Dr Kim, commented "We are very excited to be working with the industry leader in gaming softwarefor Asia, if not the world. Amongst the many companies that approached us, theywere the only ones that recognised the importance of the measures taken tocompletely negate collusion and the other features that make our games trulyunique. The combination of our dynamic and reliable games coupled withPlaytech's highly respected platform should result in a world leading mahjongoffering." - ends- For further information: Avigur Zmora, CEO, Playtech Ltd c/o Bell Pottinger Tel: 020 7861 3232 www.playtech.com Peter Otero/ David Rydell Bell Pottinger Corporate & Financial Tel. 020 7861 3232 Notes to Editors Playtech • Playtech develops unified software platforms for the online gamblingindustry, primarily targeting existing online operators wanting to upgradetheir system; sportsbooks looking to diversify and land-based operatorsmaking their online debut. • Playtech gaming applications include online casino, poker, bingo, livegaming, land-based kiosk networks and fixed-odds games • Founded in 1999, Playtech has over 250 personnel located globally,around eighty percent of whom are engaged in research and development ofcurrent and future gaming technologies. • The company listed on the AIM market in March 2006 TankSoft For further information please visit the website: www.tanksoft.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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