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PacificNet, Inc. (NASDAQ:PACT) , a leading provider of gaming and mobile game technology, e-commerce, and Customer Relationship Management (CRM) in China, announced that its PacificNet Games (www.PactGames.com) subsidiary has entered into a strategic alliance agreement with Spin3 (www.spin3.com), a division of Spiral Solutions Ltd, and a leading provider of mobile gaming solutions powered by Microgaming (www.microgaming.com), the world's largest online gaming software provider.Through this agreement, PacificNet Games will utilize Spin3's extensive line of interactive, wireless gaming products in multiple Asian markets including Cambodia, China, the Philippines and Macau. The combined offering includes mobile, web, and station based gaming, which contains Spin3's OnCash patent-pending cash and distribution chain management system, as well as online games provided by Microgaming including slots, video poker, RNG table games, and live dealer games."We are more than excited to partner with Spin3 to expand our online business in one of the fastest-growing gaming markets in the world," said Eugene Ng, Online Gaming Director of PacificNet Games. "We make the profit sharing model a lot easier to enter into due to the relatively low investment costs required to establish mobile and online gaming operations. Our regional casino partners are eager to go online and let their players continue gaming from anywhere at any time." "The Asian market for mobile and online gambling has a tremendous potential for growth," said Matti Zinder, Head of Spin3. "Our OnCash offering is particularly suited for the diverse economies across the region. For existing and new customers, OnCash is an easy solution that overcomes a wide range of payment issues. We are very pleased to enter into a partnership with a company as well-known and established as PacificNet, and to extend our combined offering throughout Asia." Spin3, a division of Spiral Solutions Ltd., has partnered with Microgaming, the world's leading developer of online gaming solutions, to provide turnkey solutions for the mobile gaming arena. About Microgaming (www.microgaming.com)Since the company developed the first true online casino software over a decade ago, it has led the industry in providing innovative, reliable gaming solutions. As a founding member of eCOGRA, Microgaming is at the forefront of an initiative focused on setting the highest standards in the gaming industry, and leads in the areas of fair gaming, responsible operator conduct and player protection. PacificNet Games (PactGames) specializes in design and development, manufacturing, participation, distribution and sales of computerized gaming machines and systems focusing on the Asian casino gaming markets.) PacificNet, Inc. (NASDAQ:PACT) is a leading provider of gaming and mobile game technology worldwide with a focus on emerging markets in Asia, Latin America and Europe. PacificNet's gaming products are localized to their specific markets creating an enhanced user experience for players and larger profits for operators. PacificNet's gaming products include multi-player electronic table games such as baccarat, sicbo and fish-prawn-crab, roulette machines, Server-Based Games (SBG) with multiple client betting stations, slot and bingo machines, Video Lottery Terminals (VLTs), Amusement With Prizes (AWP) machines, gaming cabinet and client/server system designs, online i-gaming software design, and multimedia entertainment kiosks as well as the Octavian line of casino management software, hardware and games.
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