Worldlink Group Plc Worldlink signs heads of terms (4371G)

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RNS Number : 4371G

Worldlink Group Plc

29 June 2012

29 June 2012

Worldlink signs heads of terms

Worldlink Group Plc ("Worldlink" or the "Company") are pleased to announce that it has signed heads of terms with 3 Premier League Football Clubs under which Worldlink becomes the official betting and gaming partner of those clubs. Under these heads of terms there are certain financial commitments which need to be met by the Company. The Company is currently reviewing various options with regards to the financing of these commitments.

The Company is also negotiating similar heads of terms with another Premier League Club and is in advanced talks with a number of other major footballing and sporting organisations.

These deals, both signed and under negotiation, if successfully completed, would significantly increase the revenue generating potential of the Group.

For further information, please contact:

   Neil Riches                             07736 670055 

Managing Director

Worldlink

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-data.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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