• 21.01.2010, 16:13:21
  • /
  • OTS0228 OTW0228

Astra Games marks expansion with majority shareholding in Greentube

Wien (OTS) - Astra Games Limited, UK subsidiary of the Novomatic
Group of Companies, has announced a significant expansion in its
online gaming business with the acquisition of a majority
shareholding in leading Austrian-based company, Greentube.

Announcing the new acquisition Zane Mersich, Managing Director of
Astra Games noted: "The acquisition of Astra's majority shareholding
in Greentube represents a highly significant step in the further
expansion of a recently created business area for Astra Games and our
parent company, the Novomatic Group. We aim to become a major
player in the online sector and this deal is a very tangible sign of
the progress that we are making."

Greentube specialise in the provision of on-line game content for
cash and fun, with a particular emphasis on skills-based gaming.
Since 1998 Greentube has built an enviable reputation for online
skill-based gaming. Through browser-based technology Greentube
service more than 30 partner websites and a global player base in
excess of 10 million within their partner network.

Greentube have an extensive portfolio of game content,
complemented by a proven ability to setup, customise and operate
portals in accordance with customer requirements. Their expertise in
the provision of International i-gaming solutions is one of the
company's greatest strengths.

Additionally, Greentube pioneered the highly successful 3D game
"Ski Challenge", a game created in 2004 that has since resulted in
partnerships with major media-companies including France Télevision,
Pro7, Canal+, Austrian Broadcasting Corporation, Swiss Television,
NRK, SVT and CBC.

Greentube's CEO, Eberhard Dürrschmid, stated: "Our company has
grown significantly in the past years, increasing in profitability
whilst maintaining lean capital investment when benchmarked against
other players in the market. The market standing and know-how of
Astra Games and the Novomatic Group of Companies, combined with
Greentube's experience in the field of online gaming and in-house
technology control, results in the emergence of a superior new player
in this market, a company that has huge potential for growth in the
years to come."

Greentube will immediately be tasked with taking on the full
commercial and R&D responsibility for the Novomatic/Astra developed
'Novo Remote Gaming System' (www.nrgsplay.com) which provides
regulated online gaming markets with successful and proven "best of
breed" land-based gaming content.

Rückfragehinweis:

David Orrick
   Communications Director
   Astra Games Limited
   Tel: +44 1229 465670
   Direct: +44 1656 672846
   Mobile: +44 7774 785777
   Email: dorrick@novomatic.com

Digitale Pressemappe: http://www.ots.at/pressemappe/10895

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | NEF

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