FUN Technologies plc
May 17, 2005
FUN Technologies signs exclusive skill-gaming agreement with leading interactive game developer Skyworks Technologies
LONDON, England – FUN Technologies plc (“FUN”), a leading provider of person-to-person skill gaming, exchange-betting technology and online sports information, announced today that its subsidiary, SkillJam Technologies Corporation (“SkillJam”), has entered into an agreement with Skyworks Technologies Inc. (“Skyworks”) to be its exclusive pay-to-play skill-gaming provider.
Under the agreement , SkillJam will develop, host and manage a private-label, pay-for-play skill-gaming platform for Skyworks’ newly launched consumer gaming site, www.Rcade.com. In addition, the parties will create new pay-to-play versions of selected game titles from Skyworks’ existing library.
Skyworks is a leading provider of entertainment content for websites, online games, wireless devices, kiosks, videogame consoles and CD-ROM. Its compelling interactive content enables Fortune 1000 companies to deliver brand messages to large, targeted audiences.
SkillJam, a subsidiary of FUN, is a multi-channel provider of skill-gaming technology and solutions. SkillJam develops and distributes private-label gaming solutions for a broad network of partner destination sites in the US and abroad, including AOL, MSN's Zone.com and Disney's Go.com.
Lorne Abony , CEO of FUN, said, “We are thrilled that Skyworks chose SkillJam to build its private-label skill-gaming platform—this partnership should further bolster SkillJam’s increasingly growing member base, which currently has over 7 million registered users ”. Mark Elfenbein, SVP Business Development of SkillJam, added, “Our relationship with Skyworks will help us build on our strategy to power pay-for-play gaming platforms for the Internet’s leading gaming companies.”
Garry Kitchen, the CEO of Skyworks, commented, “Rcade.com will provide dozens of high-quality online games free of charge to consumers. The addition of SkillJam’s pay-to-play skill gaming on our site will allow us to further monetize the growing traffic to our casual gaming portal. We are pleased to be working with the leader in the fast growing segment of skill gaming.”For more information, contact:
FUN Technologies
Alex Mackey, Catullus Consulting
+44 (0)207 736 2938
Tracey Irwin, Director of Communications
+1 416 840 0806
Skyworks
Alan Miller
Tel: +1 408 718 4145
Email: amiller@skyworks.com
About FUN Technologies plc
FUN Technologies plc (formerly “CES Software plc” or “CES”) is a leading provider of person-to-person skill gaming, exchange-betting technology and online sports information. FUN’s strategy is to provide its cutting-edge, person-to-person gaming systems to top, licensed distribution partners in regulated markets around the world. FUN is a public company, incorporated in England and Wales, and is listed on both the Toronto Stock Exchange and the Alternative Investment Market (AIM) of the London Stock Exchange under the symbol “FUN”.
About
Skyworks
Skyworks is a leading provider of interactive entertainment content for websites, wireless devices, kiosks, videogame consoles and CD-ROM. Skyworks pioneered the concept of online advergaming in 1996 with the creation and launch of the Internet’s first brand-sponsored gaming portal. Since that time, Skyworks has created over 300 sponsored games for many of the world's best known brands, including BMW, ESPN, Ford, Fox Sports, GlaxoSmithKline, Mattel, Microsoft, MTV, Pepsi, Toyota, Yahoo, and many others. Skyworks' compelling interactive content enables Fortune 1000 companies to deliver brand messages to large, targeted audiences with branded games distributed online and on wireless devices, kiosks, videogame consoles, and CD-ROMs for personal computers. More information can be found on the company’s website, which is located at http://www.skyworks.com .