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Inspired gaming group signs exclusive services agreement with The Cloud
Monday, 30 April 2007
Under the terms of the agreement, Inspired has committed to extend its WiFi network for The Cloud with the roll out of 11,000 WiFi access points in its digital entertainment terminals in pubs and other leisure sites around the UK. In return, The Cloud will pay Inspired over Euros 2 million between now and July 2009, and a share of The Cloud's net revenue arising from the provision of services to customers using these WiFi access points.
The Cloud will be the exclusive provider of WiFi services over Inspired’s estate of over 20,000 broadband connected terminals. Inspired will be the exclusive provider of certain gaming and entertainment applications, Carrier Pre-selection and Personal Broadband Services to pub landlords, and the non-exclusive provider of in pub VoIP Services.
This agreement is part of Inspired’s £10 million initiative to upgrade its network to position it for the delivery of next generation gaming and entertainment over its Open SBG™platform. The investment will enable Inspired to offer more innovative entertainment solutions, allow better machine positioning within venues and enhanced remote fix services all of which should drive machine incomes and improve the end customer experience.
Commenting on the agreement, Norman Crowley, co-CEO of Inspired Gaming Group said: “This agreement forms a key part of our strategy to grow the quality of our network and improve the services we offer to our pub customers.”
Commenting on the agreement, Steve Nicholson, CEO at The Cloud added: “This deal is strategically important to The Cloud given that it adds another 6,000 locations to our current estate of 9,000 across Europe. We are committed to working with Inspired to ensure their pub customers maximise the potential of WiFi by offering a wide range of services, from high speed internet and email access to voice, music, video, gaming and other entertainment services over WiFi.”
About Inspired Gaming Group
Inspired Gaming Group plc (INGG) is the leading player worldwide in the Open Server-Based Gaming (Open SBG™) market and is also the leading provider of analogue and Open SBG™ machines in the UK for the leisure and gaming markets. The Group provides Open SBG™ software systems and Open SBG™ digital and networked terminals in seven countries today. The Group manages over 85,000 machines across the UK, of which in excess of 20,000 are already on the Open SBG™ platform. The Group also has over 15,000 machines connected to its network overseas. The Group's customer base includes pubs, bars, casinos, bingo halls, licensed betting offices, holiday parks and other out of home leisure venues. Key customers include the major pub companies and gaming companies such as William Hill and Gala Coral Group. The Group is also the leading provider of Fixed Odds Betting Terminals, itbox skill gaming terminals, and other Open SBG™ variants. www.inspiredgaminggroup.com
For further information on Inspired Gaming Group plc, please contact: Mantra PR Rebecca Blinston-Jones, 07866 463 977, Rblinston-jones@mantra-pr.com
About The Cloud
- The Cloud offers sophisticated national wireless LAN coverage across hotspots and city networks throughout the UK, Nordics, Germany and The Netherlands. The Cloud's infrastructure is a multi-service provider platform, which allows providers such as ISPs, mobile operators, gaming, VOIP and broadband companies to offer a fully branded wireless LAN experience to their customers. With The Cloud, site owners maximise their revenue potential by supporting all major service providers at their location and customers enjoy choice of provider and the best possible user experience. Launched in mid 2003, The Cloud actively partners with Vonage, O2, BT, Vodafone, Skype, iPass, Telenor, Nintendo and Intel, among others, to facilitate the growth of open platform wireless broadband services across Europe. The Cloud’s investors, include 3i, Accel and the Scandinavian VC, Provider Venture Partners. The Cloud was recently nominated as a Technology Pioneer at The World Economic Forum and as a Red Herring Top 100 Company. www.thecloud.net
For further information: Marc Berry Mantra PR Tel: 020 7907 7800 E: mberry@mantra-pr.com