Press Releases
Parlay Entertainment Announces Changes to Board Composition
OAKVILLE , Canada — March 15, 2006 — Parlay Entertainment Inc. (TSXV: PEI), the world’s leading supplier of Internet bingo solutions announced today that, effective March 14, 2006, Mr. Ted Colivas has resigned from the Board of Directors, citing a need to be able to focus more time and attention to other projects.
"Ted was a founder of Parlay and had made a considerable contribution to our company both as a founder and, most recently, as an independent member of the board," said Anthony De Werth, Chair of Parlay. "We will be continuing out efforts to add new independent directors to the board of Parlay," Mr. De Werth concluded.
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 bingo, 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, Yahoo! and MSN.
Parlay has a 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:
Scott White
Parlay Entertainment Inc.
President & CEO
+1 (905) 337-6505
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.
² 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.