Nektan PLC NEKTAN LAUNCHES INTO ASIA (6159G)
05 March 2018 - 6:00PM
UK Regulatory
TIDMNKTN
RNS Number : 6159G
Nektan PLC
05 March 2018
Monday, 5 March 2018
NEKTAN PLC
("Nektan", the "Company" or the "Group")
NEKTAN LAUNCHES INTO ASIA
Nektan plc (AIM: NKTN), an international B2B and white label
gaming software and services provider, has successfully launched
into the Asian market with its previously announced global platform
deal for its Evolve Lite gaming system with Malta based gaming
company, Tyche Digital Malta Limited ("Tyche").
With more than 200 Asian games and other gaming content from a
number of leading suppliers, including Realistic Games, Pragmatic
Play(TM), Booongo Gaming and Pocket Games Soft, Tyche is
integrating Nektan's content aggregation platform into its Asian
partner sites.
Gary Shaw, Nektan CEO, said:
"Our platform is now live across Europe, Asia and the US. We are
seeing strong commercial traction with Tyche in its core Asian
markets. We are pleased with the level of commercial engagement so
far and look forward to delivering on the significant pipeline of
opportunities that Tyche is developing and gradually ramping up
revenue generation through 2018 and beyond."
Vyacheslav Grzhybovsky, Tyche CTO, commented:
"We've been delighted with the speed and efficiency of Nektan's
team and platform to deliver the content and technical requirements
needed to move forward and further grow in Asia. We are now
delivering against a number of signed contracts with the prospect
of more partner deals over the course of the year."
For further information on the Group, please contact:
Nektan via Newgate below
Gary Shaw, Interim Chief Executive
Officer
Patrick Sinclair, Chief Financial
Officer
Stockdale Securities Limited
Tom Griffiths / Ed Thomas +44 20 7601 6100
Newgate (PR Adviser)
James Benjamin +44 20 7680 6550 / + 44 7747 113
930
Email: nektan@newgatecomms.com
Further information on Nektan can be found on the Group's
website at www.nektan.com
About Nektan:
Nektan is an international B2B and white label gaming software
and services provider, operating in the regulated, interactive real
money gaming (RMG) gaming space, delivering original and innovative
solutions to commercial organisations that have established online
audiences.
Nektan's full end-to-end technology platform, Evolve, simplifies
and supports the route to mobile and desktop gaming revenues,
managing the full customer experience and back-office operations,
allowing commercial partners to focus on marketing the product to
their consumers.
Nektan's US operating subsidiary, provides US land-based casinos
with in-venue mobile gaming solutions which allow operators to add
mobile technology and content to their existing offerings, with
products accessible to players across both cabinets and mobile
devices inside the casinos. Respin has a strong intellectual
property portfolio including game patents for Rapid Games(TM)
(on-property mobile entertainment), and other captivating concepts
and brands.
Nektan is headquartered in Gibraltar, regulated by the Gibraltar
Licensing Authority and the UK Gambling Commission, as well as in
the Irish market and maintains sales and customer support
operations in its two primary geographical targets, Europe and
North America. The proprietary Evolve technology is developed and
maintained by a talented and experienced team of employees from
Nektan's Indian office.
Nektan plc was admitted to the AIM market of the London Stock
Exchange in November 2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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