NPT.L Regulatory News (NPT)

13 Oct 2005 07:00

Stream Group PLC13 October 2005 13 October 2005 Stream Group plc ('Stream' or 'the Group') STREAM IN EXCLUSIVE GLOBAL MOBILE GAMING ALLIANCE Stream Group plc, the mobile content and applications provider, has signed afive year worldwide exclusive deal as part of its strategy to become one of theworld's leading mobile gaming operators. The agreement with ("EGET") European Game & Entertainment Technology Ltd Ab ofFinland makes Stream EGET's exclusive partner for mobile gaming. EGET is one ofthe world's leading developers of digital gaming applications, with in excess of70 developers focused on providing robust gaming systems. EGET has, for sixyears, been providing gaming solutions to government licensed and regulatedlottery and gaming organisations. EGET will provide Stream with a sophisticated gaming system which will enableplayers worldwide to enjoy a substantial portfolio of products, ranging frombingo to casino games. Players will now be able to move seamlessly betweenmobile, internet and interactive digital television and enjoy the benefits ofcommunity based gaming. Stream plans to launch its own mobile gaming brand before the end of this yearand will be able to offer a fully branded and managed gaming operation forpartners in territories worldwide from next Spring. Outside of the UK, Streamwill initially be targeting gaming partners in Asia; one of the fastest growinggambling industries in the world. Mobile gaming is set to explode over the next few years and is expected togenerate revenues of more than £12bn by 2009 (Juniper Research). Gordon Robson, Executive Chairman of Stream, commented:"We are rapidly moving toward a world where mobile telephony is "internet togo", where people will use their mobiles for internet activities and gaming willbe one of the biggest winners. This partnership with one of the world's leadinggaming experts will enable Stream to leapfrog competitors and offer a trulyrobust, resilient product." Martin Prantner, CEO of EGET, said:"We are delighted to join forces with a market leader such as Stream. Playersaround the world look for responsible gaming solutions, excitement and security.EGET is able to offer all of this and uniquely, across mobile, internet andtelevision." END Stream:Stream was established in 2000 to develop and market a complete range ofmass-market entertainment and information products through IVR, SMS, online andoffline. All services are developed and managed in-house. Stream's portfolio of products is marketed in the UK and internationally boththrough partners and direct to consumers - delivered via mobile (data) and fixedline (voice) telephony. EGET:Founded in Finland in 1999, EGET is a leading supplier of money games for mobileinternet. EGET delivers reliable, secure but innovative games and solutions forlottery, bingo, casino, event betting and horse racing industries. ThroughEGET's robust and scalable WinOne(TM) gaming platform, gaming operators are ableto offer players a rich gaming experience whilst having the reporting, marketingand administrative tools to run a highly profitable business. Enquiries: Flagship GroupSusie Pagan / Toby Mitchenall Tel: 020 7886 8440 This information is provided by RNS The company news service from the London Stock Exchange