NetEnt signs key patent cross-license agreement with IGT

IGT, holder of the largest portfolio of slot game feature patents in North America, reaches IP patent cross-license agreement for the North American market with NetEnt, leading provider of online gaming solutions.

The agreement enables NetEnt to offer games in North America that include any of the patented game features contained in the IGT portfolio. Signing this IP patent cross-license agreement is a big step forward in the process of an entry for NetEnt into the North American market.

Björn Krantz, Managing Director NetEnt Americas LLC, comments, “IGT is a key partner for NetEnt in its expansion into North America, and we are really pleased that we’ll have access to all of IGT’s game feature patents for our North American multichannel games offering.”

Matteo Monteverdi, Senior Vice President Global Product Marketing, Interactive, IGT comments, “We are very pleased to reach an agreement to provide NetEnt with IGT’s best-in-class portfolio of game feature patents. Working in partnership with NetEnt enables us to further validate our significant IP portfolio.”

For additional information please contact:
Björn Krantz, Managing Director NetEnt Americas LLC
Phone: +356 79 884 734 bjorn.krantz@netent.com

Anna Romboli, Communications Director NetEnt AB (publ)
Phone: +46 709 124 531 anna.romboli@netent.com

Rhonda Whittaker, Corporate Communications Manager, IGT
Phone: +1 (506) 878-6471 rhonda.whittaker@IGT.com

NetEnt AB (publ), previously Net Entertainment, is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on NASDAQ OMX Stockholm (NET–B) and employs 600 people in Stockholm, Malta, Kiev, Gothenburg and Gibraltar. NetEnt Americas  LLC is a US subsidiary of NetEnt AB. http://www.netent.com

About IGT
IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT generated approximately $6 billion in revenues in 2014 and has more than 13,000 employees. For more information, please visit http://www.merger.igt.com.

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