| STOCKHOLM, SWEDEN -- Net Entertainment, the
leading provider of no-download Internet casino software has
signed an agreement to deliver casino games to Admiral Sportwetten
AG (www.admiral.ag, www.admiralbet.com). Admiral is one of
the largest sports betting firms in Austria and is listed
on the Vienna Stock Exchange. As a member of the Novomatic
Group, Admiral is offering sports betting services on the
Internet as well as through land based betting shops. Novomatic
AG is a world leading provider of equipment and software for
the gaming and leisure industry and operates a number of land
based casinos.
Pontus Lindwall, CEO of Net Entertainment says: "The
contract with Admiral is further acknowledgement that we
are well positioned and that we have a market leading solution.
Admiral is an important actor in the market and we are convinced
that this will be a successful long term business relationship.
The deal also marks an important move into the Austrian
market which is a modern regulated European marketplace."
Josef Schöpf, CFO Admiral Sportwetten AG continues:
"We have for a long time been looking to extend our
Internet services with casino games and Net Entertainment
provides us with a solution which enables us to address
not only the Internet market but possibly also the land
based operations through kiosk terminals. We place very
high requirements on e.g. real time information and extensive
reporting functionality and the software from Net Entertainment
fulfills all of these. We have conducted extensive system
evaluations and the Net Entertainment "Casino Module"
stands out in a class by itself."
Net Entertainment is the Internet gaming division of Cherry,
a company with more than forty years of experience from
the gaming service sector. Cherry is listed on the Swedish
Stock Exchange (CHER B) and employs over 1 000 people world
wide.
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