Livermore Regulatory News (LIV)

2 Sep 2005 07:01

Empire Online Limited02 September 2005 2 September 2005 Empire Online appoints new Chief Financial Officer Empire Online, a leading provider of marketing services to the online gamingindustry, has today appointed Andrew Burns to take up the role of ChiefFinancial Officer (CFO). Andrew, currently a non executive director of Empire Online will replace YossiPereg, CFO since 1999 who is stepping down for personal reasons. Yossi willresign from his position as CFO and COO and from the board of directors withimmediate effect but remain as a consultant to the company and will conduct athorough handover process. Noam Lanir, CEO of Empire Online Empire Online, said: "Yossi has made anenormous contribution to Empire Online. He did a fantastic job in helping tobuild the company and in preparing for the IPO. We wish him every success inthe future." "We are delighted that Andrew Burns has taken on an executive role. His UKpublic market experience will be a great asset to the company in his role asCFO." For further information:Empire Online Limited +357 (2) 5 847 700Noam Lanir, Chief Executive OfficerAndrew Burnett +44 (0)7971 158585 Citigate Dewe Rogerson +44 (0) 20 7638 9571Simon RigbySarah Gestetner Notes to Editors Empire Online Empire Online is a leading provider of marketing services to the online gamingindustry. Through online and offline advertising and other marketing techniques,the Group directs new players to online poker and online casino websitesoperated by third party gaming operators, principally empirepoker.com (a whitelabel website related to PartyPoker.com, one of the largest online poker rooms)and Casino-On-Net (part of 888.com, one of the most established online casinowebsites). The Company also has arrangements with a subsidiary of PartyGaming tomarket other online gaming websites, including AceClub.com andstarluckcasino.com. The Group's objective is to take advantage of the expected growth of the onlinegaming market by generating greater revenues in a cost-efficient manner throughthe acquisition of new players and by increasing the activity levels of theGroup's existing players. The Company aims to pay particular attention toexpanding its player base in certain European countries in the medium term, withthe intention of raising its profile and reducing the Group's reliance on theNorth American market. Empire Online will also continue to pursue its existingstrategies in relation to its primary markets of the United States and Canada tomaintain its strong position in these markets. Andrew Burns Andrew was the Finance Director of Luminar plc from 1997 to 2005. He qualifiedas a chartered accountant with Price Waterhouse (London) in 1989. He moved tothe Rank Group in 1990 where he later became Finance and Commercial Director forRank Video Services Europe. Andrew is also a non-executive director ofInflexion. This information is provided by RNS The company news service from the London Stock Exchange