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Worldlink Group Plc (WGP)

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Monday 27 February, 2012

Worldlink Group Plc

Product Launch

RNS Number : 1277Y
Worldlink Group Plc
27 February 2012
 



Monday 27th February 2012

Worldlink Broker Site Goes Live

Phil O'Connell appointed to head up the service

Worldlink Group Plc, (LSE: WGP) the UK listed Company with gatekeeper patents on providing change data in real time for mobile devices announce today that the Worldlink Broker site has gone live and clients can now undertake all execution only financial transactions through the site.  The service is available on both desktop and mobile. The new site can be viewed at http://www.worldlink-brokers.com/.

The execution only transaction capability is a result of a strategic link with a major European investment bank, which gives Worldlink Brokers access to global data feeds which their customers will access to trade on international markets in Shares, FX, Contract for Differences, Futures, and Fixed Income products.   

At the same time as the website going live, Worldlink Group Plc announced the appointment of Phillip O'Connell (information appended) to head up Worldlink Brokers. Phil has had a long career in the City with a number of broking firms including HSBC, Durlacher and SP Angel Tradition. 

Neil Riches, MD of Worldlink Group Plc said: "Bringing Phil O'Connell on board to head up Worldlink Brokers is an important appointment for the Group. It provides us with the practical expertise that we need to build the broking offer in a very customer orientated way and maximise the revenues available from the opportunity. This is a very significant step for Worldlink as it expands into financial markets. We have two synergistic strategies to build a sizeable business.  Generate revenues from offering licences to operate using our issued patents, and building a sustainable business in our own right which will continue beyond the expiration of the existing patents. We are expanding our relationships with various sporting organisations to widen the appeal of the Worldlink/Betbutler partnership and now we will have a third revenue stream in financial services."

Phil O'Connell, head of Worldlink Brokers commented ".  The web application going live is good news for both our customers and the Group.  We will be providing a very competitive offering in the market and when we make the mobile application live, we will be supplying the very best service to our customers in our view. This is a very significant milestone as it will build early additional revenues directly for the Group. Accessing the global execution which enhances the service to our clients provides organic growth and it is the model for continually upgrading the services that we supply to our clients."    

For further information please contact:

Neil Riches                                                                                             01737 221 078

Managing Director

Worldlink Group Plc

 

David Papworth                                                                                    020 7101 7676

City & Merchant Limited

Corporate Advisor

 

Jon Belliss                                                                                              020 7101 7070

XCAP Securities plc.

Broker

 

Mike Wort/Anna Dunphy                                                                    0207 556 1063/4

De Facto Financial

 

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, Europe, and the US, where partnerships have already been put into place.

For more information about Worldlink and its businesses please visit www.worldlink-data.com and www.worldlink-sports.com

Information on Philip O'Connell

Philip joined Worldlink Brokers having worked in the City in the financial markets for over 23 years. He has been involved with both Institutional and Private client business covering a variety of markets including Futures and Options, Equities, CFD'S and Corporate Finance. Philip held a number of senior positions with Private Client Stockbrokers including Durlacher and SP Angel Tradition. Prior to that, he started his career on the futures market on LIFFE working for a number of Global companies including Daiwa and HSBC.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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