Net Entertainment Signs Agreement With Glimmer Ltd

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Message was posted: 09:36 Jan 4th, 2008

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Net Entertainment has signed a license agreement with Glimmer Ltd. for delivery of its award winning CasinoModule™. Net Entertainment thereby signed an unprecedented 18 new casino license agreements during 2007.

Glimmer Ltd. has a strong presence in the land based casino industry and will through the cooperation with Net Entertainment extend its operation with an online offering. Glimmer intends to launch during second quarter 2008.

"The fact that we have signed 18 new license agreements during 2007 demonstrates the strength of Net Entertainments offering," says Johan Ohman, CEO for Net Entertainment and continues, "2007 was a fantastic year and managed to sign up a number of key operators and our continued investments in R&D have given us the competitive edge we need to secure our position as the no1 casino software provider."

Net Entertainment develops digitally distributed systems for Internet gaming. The core product, CasinoModule™, is a complete gaming platform that comprises a high number of browser based games as well as a powerful administration tool. Customers are offered a system solution that is adapted to each customer and is easily integrated with their existing websites. Net Entertainment licenses the CasinoModule™ on a royalty basis based on the revenues the product generates. Net Entertainment is listed on the Nordic Growth Market (NET-B). More information about Net Entertainment is available on www.netent.com.

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