Press Releases
Lycos Europe Joins the Internet Bingo Community at Bingos.co.uk Powered by Parlay Entertainment Inc.
Offering on the Lycos Games channel focuses on the UK and European audience.
OAKVILLE , CANADA — February 8, 2006 — Parlay Entertainment Inc. (TSXV: PEI), the world's leading supplier of Internet bingo solutions, is pleased to announce that Lycos Europe is the latest international brand to join the Bingos.co.uk platform using Parlay Entertainment's award winning technology. Players can access Lycos Bingo by going to www.lycos.co.uk and clicking on Games.
"We are very proud to welcome Lycos UK to our family of partners," said Jose Larrucea, Partner Relations Manager for Bingos.co.uk. "This partnership highly contributes to our brand's growth and significantly enhances Bingos' reputation as the dominant player in the UK Bingo Market."
"The fact that Lycos UK has chosen to partner with Bingos.co.uk means their members will benefit from access to one of the world's largest online bingo communities, further expanding this e-gaming vertical into the mainstream," said Scott White, President & CEO for Parlay Entertainment Inc. "We continue to see evidence that online bingo has much wider appeal than traditional online gaming. For brands such as Lycos, with 20 million users per month, the attraction to soft gaming illustrates the mass-market appeal and the socially acceptable nature of online bingo."
About Lycos Europe
Lycos Europe is one of the leading European Internet destinations operating a pan-European network of websites in eight languages. The company's combination of search, communication services, content channels, Internet access, homepage building and online communities addresses a wide range of target groups. The Lycos Europe Network provides an attractive medium not only for consumers but also for advertisers and e-commerce partners throughout Europe. Every month about 20 million users visit the Lycos sites in Europe. With a network of websites covering Austria, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain, Sweden and Switzerland, Lycos Europe has a large geographical reach in Europe.
About Bingos.co.uk
Launched in December 2004, Bingos.co.uk is one of the largest bingo sites in the world. The site offers both the traditional 90-number UK bingo game and the North American 75-number version. In addition to bingo, Bingos.co.uk has a full suite of gaming options. Bingos.co.uk has applied to be licensed by the Malta Gaming Commission. Kerry Katona, former singer in Atomic Kitten, is the official face of Bingos.co.uk.
About Parlay Entertainment
Parlay Entertainment Inc. is the world's leading developer and dominant licensor of Internet bingo solutions. As the inventor and patent holder of Internet bingo1, Parlay is the first company in the world to develop and deploy a commercial Internet bingo product. Parlay Bingo is available in both 75-number and 90-number versions and is complemented by a full suite of lottery and casino games. Our multi-player, multi-platform technology is used to power more online bingo sites than any other software provider in the world. Some of the world's best-known brands use Parlay Bingo solutions, including Virgin, Littlewoods Gaming, MSN and Yahoo!
Parlay has an eight year proven track record built on the success of our clients: In 2005, more than 2.8 million players wagered nearly $2 billion USD on gaming websites that use Parlay software. Parlay is headquartered in Oakville, Canada with offices in Bridgetown, Barbados and Valletta, Malta.
Contact:
Parlay Entertainment Inc.
Tyler Schwartz, Communications Specialist
+1 (905) 337-6532
Euro Gaming Limited:
Jose Laurrucea, Investor Relations
+34 (971) 439800
For more information on Parlay solutions and services, please visit our Web site at www.parlaygroup.com.
This document may contain statements about expected future events and/or financial and operating results of Parlay Entertainment Inc. that are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements.
The TSX Venture Exchange does not accept any responsibility for the adequacy or accuracy of this release.
¹ United States Patent No. 6,585,590 "Method and system for operating a bingo game on the internet, with other Patent applications pending in other countries.
© 2010 by Parlay Entertainment Inc.