Boss Media signs deal with Gaming VC
STOCKHOLM, Sweden --(PRESS RELEASE)-- Regulatory News: Boss Media (STO:BOSS) has signed a two year agreement with Gaming VC concerning a continued delivery of internet gambling products for the German speaking market. The new agreement reduces the yearly royalty fees with 30 % based on current activity levels, which we estimate will decrease the revenues for the remaining part of 2007 with approximately SEK 9 million.
Boss Media AB (publ) is one of the world's leading independent and total suppliers of systems for digitally distributed gaming entertainment. Boss Media develops gaming system solutions for such distribution channels as personal computers/Internet, interactive gaming terminals and digital- TV. Licensees are offered a customized gaming system, an integrated payment system and operator related services.