WinnerOnline-Editorial

Source: Press Release

(Oakville, Canada) — Parlay Entertainment Inc. and Microgame S.p.A. are pleased to jointly announce their intention to launch two online bingo networks.

Each network will be powered by an Internet platform that combines Parlay's Internet bingo, casino and other soft game products with Microgame's existing game management and administration infrastructure.

Microgame currently offers sports and poker wagering into the tightly regulated Italian marketplace.

The first network to be launched will offer bingo into the Italian marketplace, once the Italian government has added bingo to their list of regulated Internet games, which Microgame anticipates will occur in Q1 2009.

A second network, most likely to be based in Malta, is targeted for launch in Q2 2009 and will offer the games to an international marketplace.

Scott White, Chief Executive Officer of Parlay Entertainment, said: "We are delighted to partner with Microgame to offer our leading edge games in Italy, which will be a new regulated marketplace for Parlay and for bingo."

"We view the opportunity with Microgame, making use of their existing relationships, infrastructure and large customer base in Italy, as an excellent way to enter this new market for bingo."

Fabrizio D'Aloia, Managing Director of Microgame, said: "Microgame is honoured to collaborate with Parlay, the first commercial supplier of Internet bingo software in the world, as its partner for the Italian market."

"The agreement will allow Microgame to offer Italian gaming operators served by it the opportunity to immediately enter this new market as protagonists and with success by combining the powerful characteristics of Parlay bingo with the functionalities of Microgame's regulated gaming service provider."

"Parlay has been a first mover and market innovator in Internet bingo for more than 10 years," added Mr. White.

"We have been and will continue to be committed to the growth of bingo in new regulated marketplaces, particularly in Europe."

"The opportunity to participate with an experienced, regulated and credible operator in Italy will help Parlay accelerate our time to market."