Bingo.com names new President and CEO

ANGUILLA -- (PRESS RELEASE) -- Bingo.com, Ltd. , owner of the popular online gaming community Bingo.com today announced that it has appointed Jason Williams as President and CEO of the Bingo.com organization. Mr. Tarrnie Williams, who has been Chairman, President, and CEO of the Company since 2001, will continue to serve as Chairman of Bingo.com’s board of directors. Other matters approved at today’s Annual General Meeting, held in The Valley, Anguilla, included the election of Ebba Ljungerud, Head of Maria Bingo within the Unibet Group, to the Company’s board of directors; the appointment of the current Bingo.com board members excepting Petter Nylander, the previous Unibet Group representative; the appointment of Davidson & Company LLP, Chartered Accountants as independent auditors for the Company for the 2010 fiscal year; and other general business items which all passed as proposed.

“It's now been over a decade since I assumed control of Bingo.com and I'm confident the organization is once again on the path to financial success,” said Tarrnie Williams. “Therefore, the board and I agree that the time has come for Jason Williams to assume the roles of President and CEO of Bingo.com. Jason, a member of the management team since 2001, has been leading our operations in Europe for the past four years as Bingo.com's Vice President of Business Development and Marketing Director. We’re confident Jason has the skills, vision, and experience to make Bingo.com a success. I look forward to working with Jason in the years to come and will continue to assist him in my role as Chairman.”

“I would like to thank the Bingo.com board for selecting me to lead the organization,” said Jason Williams. “While many challenges remain, I believe that the foundations have now been laid to return Bingo.com to profitability. I plan to continue our targeted marketing efforts and work closely with our platform provider Unibet to grow the Bingo.com player base and increase our player lifetime values. Bingo.com has tremendous potential and I welcome the challenge of delivering positive financial returns to our investors and shareholders. Finally, I would like to welcome Ebba Ljungerud to our board and look forward to working with her on the development of Bingo.com.”

Jason Williams has served as Vice-President, Business Development for Bingo.com since September 2001 and Marketing Director of Bingo.com since 2009. Mr. Williams has been responsible for spearheading the marketing and new business initiatives of Bingo.com including the partnership with Unibet, PLC. Previously, Mr. Williams was a Business Development representative at Blue Zone Inc., a Vancouver technology company and a Business Analyst with RBC Dominion Securities in Toronto. Mr. Williams has a bachelor of Commerce degree from the University of Victoria and has undertaken a Masters of Business Administration from Warwick University in the United Kingdom.

Ms. E. Ljungerud has served as Head of Maria Bingo within the Unibet Group and is responsible for white labels as well as Unibet’s own bingo and casino sites, since May 2010. She has over ten years of experience from the media industry working as Marketing Director as well as Executive Vice President for Swedish companies, focusing mainly on print and online media. She has worked in the gaming industry since 2007 and has international experience from several different gaming brands. Ms. E. Ljungerud holds a degree in Economics from Lund University, Sweden.