PariPlay Issues a Correction of Press Statements Regarding INTRALOT Inc.
NEW YORK and EDISON, New Jersey, May 5, 2014 /PRNewswire/ --
PariPlay issued a press statement recently relating to the agreement to provide INTRALOT Inc. (USA) with Gaming Software for their customers in Ohio, Idaho and Washington DC. While it is true that Pariplay has signed a License and Game Development Agreement with INTRALOT, there were factual inaccuracies contained in the release. Under the terms of the agreement, INTRALOT Inc., based in Duluth, GA, the North American subsidiary of INTRALOT Group, is able to integrate Pariplay's instant win and scratch games in an electronic format with INTRALOT'S TAPP IT! ™ games on their existing and next generation interactive self-service Lottery machines placed in Lottery retail locations only. Due to its advanced, easily integrated software, PariPlay is able to provide INTRALOT with a variety of our games with minimal additional development; thus creating a rapid time-to-market condition for INTRALOT.
Gili Lisani stated: "As the CEO of Pariplay I acknowledge the factual inaccuracies, of which PariPlay retracts, and I apologize to INTRALOT, its customers and the readers of the previous statement. I am honored that INTRALOT chose our games to be included in their initial rollout of these types of games with Lottery customers in their marketplace. We are excited as well at the prospect of being included in a planned summer/fall implementation of this product with another of INTRALOT's customers. We are confident that we will have the opportunity to provide additional games in their markets as we continue to work together to grow the market for this product."
John Pittman, Vice President of Marketing for INTRALOT, Inc. stated: "We are pleased with the performance of PariPlay's games in the market. The team at PariPlay has been extremely cooperative with our team and we very much look forward to working with them to expand this exciting product line with our current customers as well as future customers."
Pariplay Limited, a licensed online gambling operator headquartered in the Isle of Man, provides full turnkey solutions for the expanding international gaming and national lotteries markets. Utilizing its Wealth of experience coupled with its proprietary gaming technologies along with its proprietary gaming technologies, Pariplay operates both fixed odds and random based online and mobile games for use in real money online games, social casinos and lottery systems. Pariplay's parent company, GMS Entertainment, is 50% owned by video game publisher Majesco Entertainment Company.
For more information, Gili Lisani, CEO email@example.com.
INTRALOT, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting, Racing & Video Lottery operations and its leading-edge technology, give INTRALOT a competitive advantage, which contributes directly to customers' efficiency, profitability and growth. With presence in 57 jurisdictions, more than 5,700 people and revenues of $2.1 billion for 2013, INTRALOT has established its presence on all 5 continents.
SOURCE Pariplay Limited