24hPoker realize cost savings


24hPoker carries out a re-organization that will result in cost
savings amounting to approximately 6 MSEK pro year. In the result for
the third quarter 1.5 MSEK will be set aside for costs related to
personnel cuts."24hPoker has not been profitable and we have therefore decided to
re-organize and make the organization more efficient to take control
over our costs. To realize personnel cuts is never pleasant to do,
but cost control is one of the four corner stones we build our
strategy on. This is one step in the process of turning the company
back into profitability," says Peter Åström, CEO 24hPoker.




For more information, please contact:
Peter Åström, CEO +46 73 600 85 01
Pia Rosin, Corporate Communications Director +46 70 753 22 46



About 24hPoker
24hPoker Holding AB is a Swedish gaming group that develops
proprietary software systems for online gaming operations through its
subsidiaries 24hPoker AB and B2B Poker AB and operates one of the
world's largest poker networks. The Group also sells and develops
turnkey gaming platforms for players that want to conduct gaming
operations under their own brand. 24hPoker is traded on First North
and its certified advisor is Remium AB.
www.24hpoker.se

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Cost Savings