Press Releases
Parlay Entertainment Bingo Software Nominated for Online Bingo Awards
LONDON, UK — May 29, 2008
Parlay Entertainment Inc. (TSXV: PEI), the world's leading supplier of Internet and TV bingo software solutions, has been nominated for two awards that recognise excellence in bingo software in the lead up to the first-ever Online Bingo Awards. The awards take place in conjunction with the Annual Online Bingo Summit in London, June 17 and 18.
Parlay has been nominated in the Best Online Bingo Software category for its industry-leading product, Parlay 4, and in the Best Online Bingo Innovation category for its patent-pending side game, BingoBets™. The nominations were suggested by a panel of seven recognized industry experts who selected the categories and chose the nominees for each category.
The Parlay 4 bingo platform has virtually set the standard for excellence in online bingo software with other bingo developers emulating its layout, features and functionality. Parlay 4 was the first bingo software to introduce tabbed components, a larger chat area, auto-purchase and multiple ways to select bingo cards.
Parlay 4 also introduced the world's first bingo side game, BingoBets™, which allows players to place up to nine different wagers on every bingo game they play. The game offers increased excitement because fortunes change with every number called. It also adds visual flair, offers more chances to win and increases bingo revenue for operators.
Steve Cook, MD for Parlay Entertainment, said: "The Bingo Awards are in recognition of the phenomenal growth of the online bingo industry and an acknowledgement of the key players that aspire to be the best of the best, and stand out from the rest! At Parlay, we continually strive to provide innovation on a quality software platform for our customers. Launching BingoBets™ is a another example that we are meeting the needs of our licensees."
Parlay Entertainment's licensee Paddy Power has also been nominated for Best Newcomer Bingo Site. The award winners will be decided on by the more than 250 delegates who are expected to attend the 3rd Annual Online Bingo Summit.
About Parlay Entertainment
Parlay Entertainment Inc. is the world's leading developer and dominant licensor of Internet bingo solutions. As the inventor and holder of Internet bingo patents¹, Parlay was 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!, Paddy Power, Bet24, NetPlay TV, Bingos.co.uk and the St. Minver bingo network. Parlay's head offices are in Oakville, Canada with offices in Bridgetown, Barbados and Valletta, Malta.
Contact:
Steve Cook
Parlay Entertainment Inc.
European Managing Director
+44 (0) 1932 847597
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.
