Straumur Burdaras has sold its shares in Net Entertainment

Stockholm 2008-08-19

Net Entertainment Press Release 2008-08-19

A group of existing and new shareholders have acquired 1,402,500 A-shares and 9,983,649 B-shares from Straumur Burdaras. The CEO and all board members have participated directly or indirectly. 

Net Entertainment develops digitally distributed systems for Internet gaming. The core product, CasinoModule™, is a complete gaming platform that comprises a high number of browser based games as well as a powerful administration tool. Customers are offered a system solution that is adapted to each customer and is easily integrated with their existing websites. Net Entertainment licenses the CasinoModule™ on a royalty basis based on the revenues the product generates. Net Entertainment is listed on the Nordic Growth Market (NET-B). More information about Net Entertainment is available on www.netent.com.

For more information please contact;
Johan Öhman, CEO Net Entertainment; Phone +46 8 55 69 67 00, Cell; +46 704 86 77 15,
johan.ohman@netent.com