|LONDON, UNITED KINGDOM--World Gaming Plc (OTC BB: WGMGY), a global provider of|
I-gaming software and services, has appointed Simon Coulthard as the company's
Group Finance Director effective September 2, 2002.
With almost 10 years financial experience in the Fast Moving Consumer Goods
sector, Mr. Coulthard brings to World Gaming a successful track record in the
areas of strategic planning, business analysis, budgeting and reporting and
'Simon has an excellent track record and World Gaming will benefit enormously
from a finance executive of his calibre,' said David Craven, C.E.O. of World
Gaming. 'Simon's first key objective is to address the need for rigorous
financial controls and a stringent budgeting process. I look forward to working
closely with him and know that he will offer an excellent balance to the team
as we position the company for growth and profitability.'
Mr. Coulthard joins World Gaming from Wembley New Media Services and 24dogs,
both divisions of Wembley Plc, where he was Finance and Operations Director for
two years. Wembley Plc is a leading gaming and track-based company operating in
the UK and USA. Wembley New Media Services exploits content globally on all
digital platforms, currently through broadcasting on the Web, earning revenues
from Internet bookmakers. Mr. Coulthard joined the company in its start-up
phase and was responsible for the implementation of all financial processes,
controls and reporting, and worked on commercial deals such as those involving
William Hill, Ladbrokes and Coral Eurobet.
Prior to joining Wembley, Mr. Coulthard was employed by Anheuser-Busch Europe
Limited for four years, progressing through the organisation from Acting
Financial Controller for UK and Ireland, European Financial Controller, to
Budgeting and Planning Controller for Europe, Middle East and Africa.
Previously Mr. Coulthard spent four years at Cadbury Schweppes Plc.
Mr. Coulthard is a Chartered Management Accountant and has a BA (Hons) in
accounting and management control from Sheffield Hallam University.
About World Gaming plc
World Gaming plc is a pioneer and leader in I-gaming software and e-business
services. World Gaming is an international developer, licensor and provider of
the industry's most comprehensive offering of online gaming products, including
casino, sportsbook and pari-mutuel betting. For more information about World
Gaming, visit the company's Web site at www.worldgaming.com.
Safe Harbour Statement under the Private Securities Litigation Reform Act of
1995: The statements contained herein which are not historical fact are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements, including, but not limited to, certain delays in
testing, evaluation and deployment of products, fraud occasioned upon licensees
of World Gaming, regulation of the online gaming industry, and other risks
detailed from time to time in World Gaming's filings with the Securities &
Exchange Commission. We assume no responsibility for the accuracy and
completeness of these statements and are under no duty to update any of the
forward-looking statements contained herein to conform these statements to
actual results. This is not an offer to sell or a solicitation of an offer to
purchase any securities.