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Worldlink Group Plc (WGP)

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Friday 05 October, 2012

Worldlink Group Plc

Company Update


4 October 2012

                                Company Update                                 

The Directors of Worldlink Group Plc ("Worldlink" or the "Company") wish to
announce that Stephen Pearson and Sports Media Gaming Limited ("SMG") are no
longer contracted with Worldlink to act as Chief Marketing Officer. Proceedings
have been issued against Worldlink by SMG, the result of which is the
publication in the London Gazette of a notice of winding-up of the Company. The
Company is defending the winding up petition and the Company has prepared a
counterclaim based on non-performance and, after detailed investigation, a
substantial counter-claim for damages based on breaches of professional
confidentiality.

Notes to Editors

About Worldlink


Worldlink is one of the UK's leading real-time mobile applications companies
with patented technology that allows information held on the mobile device to
be updated automatically without the need for a manual refresh. Information is
delivered via a mobile telecommunications network in real time, whilst
intelligently minimising the bandwidth required to transmit the data. The
technology is patent protected in the US and UK and is patent pending in
Europe.Worldlink has already licensed its patents to leading institutions in
the financial and technology sectors and is furthering this process in the UK,
US and Europe.For more information about Worldlink and its businesses please
visit www.worldlink-products.com.

Contact

For further information please contact:
Neil Riches 01737 221 078
Managing Director
Worldlink Group Plc

a d v e r t i s e m e n t