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Glimmer Ltd and Net Entertainment Release Online Casino

January 4, 2008

The online casino industry grew to 18 legal online casinos established in 2007. The last came when Net Entertainment signed a license agreement with Glimmer Ltd. The agreement was for the delivery of their Casino Module. Glimmer Ltd. maintains a solid presence in the brick and mortar casino industry. With this agreement, Glimmer Ltd. is expanding into the world of online casino success.

In a press release Johan Ohman, CEO for Net Entertainment stated the following: “The fact that we have signed 18 new license agreements during 2007 demonstrates the strength of Net Entertainments offering. 2007 was a fantastic year and managed to sign up a number of key operators and our continued investments in R&D have given us the competitive edge we need to secure our position as one of the top casino software provider.”

This expansion into the online world will further establish Glimmer Ltd. as a major player involved in the dynamics of gaming. The online customer expansion will assist in growing their customer base, and expanding their ability to extend services to the live players in the land based casinos. This announcement will do positive things for Net Entertainment as well. After this announcement was released, the shares traded in Stockholm rose by 1.88 percent to SEK 16.30. The growth is obviously a direct result of the agreement, and expansion of their grasp in the online casino software industry.

Further development talks continue, as the online casino should be released by the second quarter in 2008, giving a reasonable amount of time to develop the online casino into the incredible customer experience one would anticipate in the Glimmer LTD. land casinos. The discussions will include the development of loyalty programs, similar to or including the brick and mortar casinos. This and other developments are intended to provide exceptional player opportunities and the most pleasurable experience available.

Net Entertainment is setting the pole high this year, seeking to further expand their software impact on the online casino industry. They will continue to target and forge alliances with as many reputable casinos, online and off, to further produce the online casino module, as they possibly can. This current development offer is exceptional in that it is designed to offer exactly what the casino owner and operators wish to offer. Which gives the flexibility to add to or eliminate any number of options associated with the online casino industry.