Cherry holds gaming contracts onboard vessels that transport approximately 25 million passengers yearly. PlayCherry Ltd will market PlayCherry.com onboard vessels on international water and going forward online gaming will be possible onboard. Cherry has established a subsidiary in Malta, PlayCherry Ltd. that has signed an agreement with Entraction regarding the operation of the gaming site. The gaming services will be operated by Entraction's licensed subsidiary in Malta."With more than 40 years' experience of gaming we have high demands on our partners and I am therefore satisfied that PlayCherry Ltd carries out its online venture together with Entraction, a company that offers a superior gaming experience in a secure and regulated environment. PlayCherry Ltd has a unique possibility to sign agreements to market the gaming services in cooperation with the vessels we already cooperate with as many of the passengers are interested in online gaming," says Gunnar Lind, CEO Cherryföretagen."There is probably few companies that know more about gaming in Europe and therefore we are particularly proud that PlayCherry Ltd has chosen to cooperate with us in their online venture," says Peter Åström, CEO Entraction. For more information, please contact: Peter Åström, CEO, Entraction, +46 73 600 85 01 Pia Rosin, Corporate Communications Director, Entraction, +46 70 753 22 46 Gunnar Lind, CEO Cherryföretagen, +46 70 82 79 611 About Entraction Holding AB Entraction Holding AB is a Swedish-registered gaming group that develops proprietary software systems for online gaming through its subsidiaries and operates one of the world's largest poker networks. The poker network is operated by subsidiaries on Malta that are licensed to market and conduct their own gaming activities and to deliver gaming services to partners in the poker network. The Entraction Group offers its partners software systems for poker, sports betting and casino, access to the poker network and a range of peripheral services such as website design, gaming licenses, operation, payment systems, promotional tools and 24/7 support. Partners can choose between an integrated solution containing a customized mix of different products or a turnkey solution in which the partner is responsible only for marketing. Entraction Holding AB is listed on the First North marketplace of the OM X Nordic Stock Exchange and has approximately 8 500 shareholders. www.entraction.se Cherry in brief Cherry is public Swedish Gaming Company listed on AktieTorget with approximately 2600 shareholders. Cherryföretagen AB are through daughter Companies specialized in casino- and slotmachines and Internetgaming. The gaming operations are run in restaurants in Sweden, on vessels trafficking Northern Europe and Mediterranean, in amusement halls in Denmark and via Internetcasino (PlayCherry.com) through Malta. Cherry employs about 650 people.
Entraction signs agreement with Cherry's subsidiary, PlayCherry Ltd
| Source: Entraction Holding AB