CONTAGIOUS GAMING SIGNS AFFILIATE DEAL WITH PRONTO GAMING LTD.
NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES
VANCOUVER, B.C., November 14, 2014 – Contagious Gaming Inc. (TSX-V: CNS) (“Contagious Gaming” or the “Company”) is pleased to announce that the Company, through its wholly-owned subsidiary Contagious Sports Ltd. (“Contagious Sports”) has entered into an affiliate sales agreement with Pronto Games Ltd. (“Pronto”) pursuant to which Pronto has been appointed by Contagious Sports as one its agent’s to sell, distribute and promote its live in-play pari-mutuel sports betting platform knows as Goal Time (“Goal Time”) within its network (the “Affiliate Agreement”). The Affiliate Agreement has an initial term of three years from the date Goal Time is launched on Pronto’s affiliate networks (the “Affiliate Networks”), after which it shall automatically continue for an additional three years unless any party provides a written notice to terminate with no less than thirty days’ notice. Under the Affiliate Agreement Pronto is bound by and is required to observe at all times the Contagious Sports License Conditions and Codes of Practice overseen by the UK Gambling Commission.
Peter Glancy, CEO and Director, commented: “We are pleased to welcome Pronto to our growing network of distribution partners for Goal Time. Pronto adds additional strength in distribution across key regulated markets in Northern and Central Europe” He added: “This affiliate relationship will contribute to expand the comingled jackpots in Europe alongside partners like Trinity Mirror Group.”
Pronto has been in operations since 2008 as the principal marketing and distribution arm to several companies in the gaming and sport’s sectors. Pronto’s founder is Chicco Merighi, a digital sports and gaming entrepreneur and founder of Goal.com, the one of the largest football website in the world. Mr. Merighi also created the Fabio Capello Index, a unique sports analytics platform, used in evaluating professional soccer player’s live in-play performance. Mr. Merighi is also a partner of Cake Group Entertainment, an International gaming technology company, offering regulated gaming solutions and content on a global basis.
Pronto will distribute, Goal Time to its gaming and sports media network across in Northern and Eastern Europe, and Asia, providing access to a significant database of active players.
About Goal Time
Goal Time is Contagious Gaming’s proprietary live in-play pari-mutuel sports betting product powered by its in-house developed BOMA gaming platform and official sports data provided by industry leader Satellite Information Services. Goal Time is the first sports betting product to allow players to make bets live in-play during Premier League football matches as they chase a dynamic lottery-style jackpot.
About Contagious Gaming
Contagious Gaming Inc. (TSX-V: CNS) is a rapidly emerging developer of unique and engaging software solutions for regulated gaming and lottery markets around the world. The Company is currently focused on deploying its first-to-market lottery-style sports betting platform in the United Kingdom and its proprietary digital instant lottery content in United States and other international jurisdictions. The Company is a first mover in the roll-out of digital instant lottery content in the United States. For more information on Contagious Gaming please visit www.contagiousgaming.ca.
For further information please contact:
Charles Shin, Chairman
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information in this news release is considered forward-looking within the meaning of certain securities laws and is subject to important risks, uncertainties and assumptions. This forward‐looking information includes, among other things, information with respect to the Company’s beliefs, plans, expectations, anticipations, estimates and intentions. The words “may”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”, “anticipate”, “estimate”, “expect”, “intend”, “plan”, “target” and similar words and expressions are used to identify forward‐looking information. The forward-looking information in this news release describes the Company’s expectations as of the date of this news release.
The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, risks arising from general economic conditions and adverse industry events.
The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company’s forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD‐LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.