Glimmer Ltd Added To Network Entertainment's Casino Module

Net Entertainment AB signs yet another casino to their repertoire for the operation for their Casino Module™. Glimmer Ltd., is the lastest to sign-up under Net Entertainment’s flagship product. Having tremendous success in the land-based casino industry, they are now taking the leap into the online casino sector. They will be accomplishing this during the 2008’s second quarter through their agreement with Net entertainment.

The management system and casino solution innovatively delivers a vast variety of casino style games that is client customizational and easy to use. Whether used at a land-based or online casino, this Premier supplier offers their operators a comprehensive poker and casino platform. The platform is licensed based on royalties on the revenue it brings in.

John Ohman, Net Entertainment CEO says, “The fact that we have signed 18 new license agreements during 2007 demonstrates the strength of Net Entertainments offering. 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 one of the top casino software providers.” Net Entertainment saw a 1.88% share gain to their SEK16.30 following their announcement to license Glimmer Ltd. This creates their eighteenth operator to their new license agreements for 2007.