OAKVILLE, ONTARIO (Parlay Entertainment Inc.) - Parlay Entertainment Inc, the world's leading supplier of
Internet bingo solutions, is pleased to announce that Mr.
James S. Mutter has been appointed to its Board of Directors, effective on June 27, 2006, subject to normal regulatory approvals.
Mr. Mutter joins Parlay's board of directors as an independent director, with a proven record in assisting technology companies in achieving their strategic objectives.
Mr. Mutter is the President of the Premier's Technology Council in British Columbia. He is also co-founder and incumbent in the position of Chairman of The Board of Directors of Apparent Networks, a Vancouver-based network intelligence software company. As a key member of Apparent Network's senior management team, he helped lead the company from inception through product commercialization to completion of one of the largest initial rounds of venture financing for a Canadian technology company in 2002. Mr. Mutter was previously a partner at Fasken Martineau, where he helped establish one of the largest technology practice groups in Vancouver. He currently serves on the board of the Vancouver Enterprise Forum and is a former board member of the B.C. Technology Industries Association. He has a bachelor of business administration from the University of Prince Edward Island and a bachelor of laws from the University of Calgary.
"Mr. Mutter has significant legal, technology, governance and capital markets experience that will provide our company with additional insights as we continue to strengthen and build Parlay into an internationally recognized software development company," said Mr. Anthony De Werth, Parlay's Chairman. "Mr. Mutter will be a valuable addition as an independent member of our board."
About Parlay Entertainment
Parlay Entertainment Inc. is the world's leading developer and dominant licensor of Internet bingo solutions. As the inventor and patent holder of Internet bingo, Parlay is the first company in the world to develop and deploy a commercial Internet bingo product. Parlay Bingo is available in both 75-number and 90-number versions and is complemented by a full suite of lottery and casino games. Parlay's multi-player, multi-platform technology is used to power more online bingo sites than any other software provider in the world. Some of the world's best known brands use Parlay's Internet Bingo technologies, including Virgin Games, Yahoo! UK & Ireland, MSN UK and Littlewoods Gaming.
Parlay has an eight year proven track record built on the success of our clients: In 2005, more than 2.8 players wagered nearly $2 billion USD on gaming sites that use Parlay software. Parlay is headquartered in Oakville, Canada with offices in Bridgetown, Barbados and Valletta, Malta.
