7th Jan 2008 07:01
Playtech Limited07 January 2008 Playtech Ltd ("Playtech" or the "Company") Pre-close Trading Update Directorate Change Playtech (AIM: PTEC), the international designer, developer and licensor of software to the online, mobile and land-based gaming industry, today announces that the Company continues to enjoy buoyant trading and has experienced significant growth in revenues towards the end of 2007, when monthly revenues reached a record level. As a result the Company states that it is confident of meeting market expectations for its operating businesses for its 2007 preliminary results. With trading in the fourth quarter of 2007 exceeding expectations, the Board is highly confident of the Company's trading performance for 2008. The Company also announces today that Avigur Zmora, currently Executive Vice Chairman, is to move to become a Non-executive Director of the Company. In this role Avigur will adopt a senior consultancy role and will continue to work closely with management with a particular focus on strategic matters. The Company has now entered its close period and its preliminary results will be announced on 4 March 2008. -ends- For Further Information: Mor Weizer, CEO, Playtech LtdGuy Emodi, CFO, Playtech Ltdc/o Bell Pottinger Tel: 020 7861 3232www.playtech.com Tim MickleyCollins Stewart Tel: 020 7523 8000 David Rydell / Helen Tarbet / Antonia CoadBell Pottinger Corporate & Financial Tel. 020 7861 3232 About PlaytechPlaytech develops unified software platforms for the online gambling industry,primarily targeting existing online operators wanting to upgrade their system;sportsbooks looking to diversify and land-based operators making their onlinedebut. Playtech gaming applications - online casino, poker, bingo, mobilegaming, live gaming, land-based kiosk networks and fixed-odds games - are fullyintercompatible and can be freely incorporated as stand-alone applications,accessed and funded by players through the same user account and managed by theoperator by means of a single powerful management interface. Founded in 1999,Playtech has over 650 personnel distributed globally, around seventy fivepercent of whom are engaged in research and development of current and futuregaming technologies. Website: www.playtech.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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