Worldlink Group Plc Company Update

 
TIDMWGP 
 
15 October 2012 
 
                                Company Update 
 
The Board of Worldlink Group Plc ("Worldlink" or the "Company") wishes to 
announce the following updates on the Company's financial position: 
 
Going Concern update 
 
The Board wishes to announce that the Company is in negotiation with a funder 
who will provide sufficient funds to the Company to allow it to continue as a 
going concern until such time as the Company is generating its own funds via 
its various agreements with parties within the sports betting and gaming 
industries. 
 
Further details will be announced once an agreement is finalised. 
 
Update on Financial Statements 
 
The Board confirms that the audit of the Company's accounts for the period 
ended 29 February 2012 is in the final stages of completion. The audit has been 
held up whilst the Board negotiates the Company's funding and going concern 
situation. The Board hopes to be able to announce the final results to 29 
February 2012 by the end of October, following final funding terms being 
agreed. 
 
Notes to Editors 
 
About Worldlink 
Worldlink is one of the UK's leading real-time mobile applications companies 
with patented technology that allows information held on the mobile device to 
be updated automatically without the need for a manual refresh. Information is 
delivered via a mobile telecommunications network in real time, whilst 
intelligently minimising the bandwidth required to transmit the data. The 
technology is patent protected in the US and UK and is patent pending in 
Europe.Worldlink has already licensed its patents to leading institutions in 
the financial and technology sectors and is furthering this process in the UK, 
US and Europe.For more information about Worldlink and its businesses please 
visit www.worldlink-products.com. 
 
Contact 
 
For further information please contact: 
Neil Riches 01737 221 078 
Managing Director 
Worldlink Group Plc 
 
 
 
END