Playtech Limited
10 August 2007
Playtech Ltd
('Playtech' or 'the Company')
Licence Agreement Signed with PKR
Playtech (AIM: PTEC), the international designer, developer and licensor of
software to the online and land-based gaming industry, announced today that it
has signed a new licence agreement to be the exclusive supplier of casino
software to PKR Ltd, the world's largest online 3D poker operator. The move
signals an exciting new expansion for PKR into the online casino market.
Playtech will provide PKR.com with a bespoke online casino which will further
enhance the next generation poker room's already rich and diverse player
experience by providing access to a variety of market leading casino games.
In less than a year of operation the company has fast become a major force in
the online poker market growing rapidly to currently boasting over 7,000
concurrent players at peak times. By providing a PKR branded casino product,
fully integrated with PKR.com's proprietary next-generation 3-D poker software,
Playtech will allow PKR to maximise revenue generation from its operations to
meet the current and future demands of its already large and expanding user
base.
Mor Weizer, Chief Executive Officer of Playtech, commented today:
'We are delighted to have signed this agreement with PKR.com and very much look
forward to helping the company enhance its players' all round experience and
through this the company's revenue generating potential. PKR.com is a highly
respected operator in the online poker market with a unique offering to both the
3D and gaming console markets. As such this opens up a whole new demographic for
Playtech which will now be able to enjoy our market leading casino gaming
platform married seamlessly with the high quality 3D poker experience that
PKR.com's customers have come to expect.'
Malcolm Graham, Chief Executive Officer of PKR, commented today:
'PKR is very pleased to have entered into this partnership with Playtech, and we
look forward to working with the Playtech team to develop an online casino which
reflects PKR's core values of unrivalled customer experience and deep technical
skills. PKR chose Playtech as its online casino partner because they have an
incredible track record of technical innovation and we know their team can
deliver a product which we will both be very proud of.'
- ends -
For Further Information:
Mor Weizer, CEO, Playtech Ltd
c/o Bell Pottinger Tel: +44 (0) 20 7861 3232
www.playtech.com
David Rydell / Peter Otero / Antonia Coad
Bell Pottinger Corporate & Financial Tel. +44 (0) 20 7861 3232
About Playtech
Playtech 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 online
debut. Playtech gaming applications - online casino, poker, bingo, mobile
gaming, live gaming, land-based kiosk networks and fixed-odds games - are fully
intercompatible and can be freely incorporated as stand-alone applications,
accessed and funded by players through the same user account and managed by the
operator by means of a single powerful management interface. Founded in 1999,
Playtech has over 500 personnel distributed globally, around eighty percent of
whom are engaged in research and development of current and future gaming
technologies.
Website: www.playtech.com
About PKR
PKR Ltd is the largest independent online 3D poker operator, licensed and
regulated by the Alderney Gambling Control Commission (AGCC). PKR uses advanced
gaming technology to serve the game of poker and enhance our user's experience
in ways no other poker room can. PKR's unique 'Emote control' technology,
combined with a number of other one-of-a-kind game features mean players on PKR
can interact and engage with the game and each other in way that's personal,
involving and highly entertaining.
Website: www.pkr.com
This information is provided by RNS
The company news service from the London Stock Exchange
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