|Playtech has announced the signing of a license agreement with 1st Technology.|
The agreement will see Playtech gain access to 1st Technology's core multimedia patents applied to advanced online gaming products.
The patents are targeted at providing enhanced interactivity and optimized delivery of high quality multimedia information over networks of various bandwidths including narrowband and broadband telephone, cable, and wireless internet.
Dr. Scott Lewis, developer of the patents and CEO of 1st Technology, said, 'We are delighted that industry leader Playtech is now a licensee. Our new relationship will allow us to develop superior gaming products to the market using 1st Technology's internationally recognized patent portfolio.'