|St. John's, Antigua - July 27, 2001 |
Next generation software includes more than 30 Internet casino games, sports book and pari-mutuel betting
World Gaming plc (NASDAQ OTC: WGMGY), a global pioneer in I-gaming technologies, has released version 3.2 of its widely-used, state-of-the-art I-gaming software. Further, the company has announced that future product enhancements will be put into production every 12 weeks.
"World Gaming 3.2 is a major accomplishment for the company and a demonstration of current management's commitment to meeting its targets and deadlines," said Mike Aymong, CEO of World Gaming.
"World Gaming 3.2 significantly raises the bar for I-gaming
software. No one in our industry is offering such a powerful I-gaming environment, nor are they committed to such an aggressive product development schedule."
World Gaming 3.2 offers 10 Instant play Java casino games, 6 Java lottery games and 15 C++ downloadable, Windows environment casino games. World Gaming 3.2 also offers sports book and pari-mutuel betting, including live horse racing, greyhound and Jai Alai action.
Additional features and functionality include an innovative, back-office Command Center that allows licensees to manage their business and generate dozens of usage and financial reports, ensuring ongoing service improvements and a better customer experience.
"World Gaming 3.2 incorporates the industry-leading security afforded by our recent partnership with HNC Software," said David Pasieka, COO of World Gaming. "There is no doubt that today we are offering the safest and most entertaining I-gaming experience on the market. These are the two measures that will guide us as we roll out further product enhancements aimed at capturing greater market share."
Industry analysts at Bear Stearns, a New York-based finance and investment company, estimates that by 2004 more than 15 million people will place wagers online, with the total amount wagered topping $6 billion by 2003.
"We have put a strong international sales and marketing team in place to support this release," said Aymong. "World Gaming has a tremendous market opportunity, as our competitors continue to play catch up, and we intend to capitalize on that opportunity."
World Gaming 3.2 is available July 27, 2001. Interested parties can contact sales for licensing the software, by visiting the World Gaming Web site at www.worldgaming.com. Existing licensees will be migrated to the new software on a request basis.
About World Gaming plc
World Gaming plc is a pioneer and leader in I-gaming software and e-commerce technologies. World Gaming is an international developer, licensor and provider of the industry's most comprehensive offering of online gaming products, including casino, sports book and pari-mutuel betting. For more information about World Gaming, visit the company's Web site at www.worldgaming.com
Media Relations: Investor Relations:
Heather Grant Rejane Wilson
Goodman Communications Inc. The Barnes Organization
416-924-9100, ext. 233 416-367-5000
Note to editors: If you're interested in receiving additional information about World Gaming 3.2, or would like a trial version of the product for review, please contact Heather Grant at firstname.lastname@example.org
Safe Harbor 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.