See PLAYWIZE under EPIC : PLW

Bits Corp in the Press:

Daily Mail Market Report Friday 9th December, p 83.
Bits Corporation, the video games company jumped 3p to 17.62p on confirmation it is in talks with a number of parties with a view to establishing an onlinegambling presence. Whispers suggest it could involve video games developer Namco.

Guardian Market Forces Friday 9th December, p 30.
Computer games developer Bits Corp gained 3p or 20% to 17.62p on confirmation of contract talks with several online gaming companies. Traders believe there are six companies bidding for the right to use Bits technology and a revenue sharing deal with one of them could justify a share price nearer to 30p.

>>> Bits Corp have now signed significant agreements with The Palace Group and Microgaming. The Palace Group has now at least doubled in size due to the recent take over by Fairground Holdings. What does this mean for Bits Corp? Click Here for Details of Fairground takeover of The Spin Palace Group

Footsie soars as spring fever hits Geoff Foster, Daily Mail 15 March 2006.
Bits Corporation eased p to 20p despite growing speculation that a deal is in the pipeline. The company said in December that it is keen on establishing an online gaming presence. Dealers now hear that it is on the verge of acquiring a business from 888 Holdings (2p dearer at 186p)which will result in a change of name to Playwize. Associated Press Release

macansy77 - 26 Apr'06 - 16:03 - 2080 of 2494


right, sorry for delay...


have gone over the ppt presentation from the placing and my notes and points of relevance are as follows... apologies in advance if it's a little disjointed and this was my hurried take on events so there may be errors ;-)

1) Bits technology and experience will be used in the form of a 3D client front end for Microgaming partners, note the plural - Palace Group are the first, but i expect there will be more deals with further MG operators... these will encompass poker and casino platforms..


2) Bits tehnology will enable a new experience and advanced features that are not available from anyone else - this will include the utilisation of VOIP, player identity/customisation and also localisation of games, speech and help etc - most online poker is not localised...

3) Playwize will do exactly what it implies and help beginner, novice and experienced players alike get more from the game and educate them to become better players, helping them to get better results and graduate to playing for real... this is a real attraction for the operators as they attempt to get more people taking up the game...

4) Playwize techonolgy will be licensed to other MG operators - instant player liquidity being provided by MG and Palace Group initially

5) Bits will concentrate on central Europe, Asia and then Eastern Europe, but US product development is near final and launch should be Q2.

6) Free PC version of game will be distributed via mainstream publication inserts, key retail outlets, OEM giveaway with PC hardware, download sites and special key partner versions...

7) Playwize will establish a fun gaming model (like loyalty points) which will then assist in the conversion of fun players to real money gaming players...

8) 10million free games to be distributed within 1 year

9) Target of 5% fun player take up and from this a conversion rate of 15 to 1 so approx 33333 real money players in year one...

10) 3D client will will generate license fees and revenue share from MG partners...

11) Rollout of Payout Poker and Casino game from Q2, euro version to be co-published under Playwize brand... Namco handling North American distribution..

screwem - 16 May'06 - 11:09 - 82 of 102

ready for damnation then...spoke with BITs (not Foo) and here is what I learnt....

- in hindsight should have made a statement re drop
- playwize all on track for Q2 launch
- marketing on track for Q2 launch
- looking at getting new broker in Q2 (you can guess why!)
- following launch, will prob look at putting numbers out regarding revenues etc (july/Aug time)

L2 on the up, now 3 v 1 @ 12.25/13

Back to level now, can we get some more blue today to keep the trend going of upwards this week......

And we go blue :)

L2 now 1 v 1 @13/13.75 with you know who holding the offer back (CSCS)

Finished strong on the up with L2 at 2 v 1, yet another blue day on BIT.

Buyer reporting problems filling a 100K buy, so shortage of stock may be present and why BIT is blue for this week that bad on the markets in general, but good for BIT.

Fingers crossed for another blue day for BIT.

It looks like the buyer is still around, an MM buy and a move back in the afternoon. Q2 moves on, and so does the start of all things Playwize..... :)

Good news !!

http://www.bishopsgatecommunications.com/detail.asp?ID=976

RNS Number:3713D
Bits Corp PLC
23 May 2006


23 MAY 2006

BITS CORP PLC
("the Company")

APPOINTMENT OF FINANCIAL PR

Bits Corp plc ('Bits Corp' or 'the Company'), the AIM listed developer of games
software for the entertainment industry, is pleased to announce that it has
appointed London-based Bishopsgate Communications Ltd as its Financial &
Corporate PR adviser, with immediate effect.

Bishopsgate will focus on driving the Company's key investment messages, news
and corporate differentials to current and future investors.

---ends---



Enquiries:

Bits Corp plc 020 8282 7200
Foo Katan
www.bitscorp.com

Bishopsgate Communications Ltd 020 7430 1600
Dominic Barretto 07930 450 156
Maxine Barnes
www.bishopsgatecommunications.com

Should see the return to the 20p levels fairly soon I think. A PR company now lets them run that side of things, and the people at BIT can concentrate even more on the other more important side of things, the new businesss.

Things starting to roll now, looks like the PS2 version is coming 23rd June, and its renamed now to "Playwize" which leads into what has been said of BIT, a OLG site, but leading into Console play as well, a culmination of everything including VOIP....very exciting if this works, it should be a market leader for the leisure and fun sector.

http://www.tothegame.com/game.asp?id=4627

Things starting to roll now, looks like the PS2 version is coming 23rd June, and its renamed now to "Playwize" which leads into what has been said of BIT, a OLG site, but leading into Console play as well, a culmination of everything including VOIP....very exciting if this works, it should be a market leader for the leisure and fun sector.

http://www.tothegame.com/game.asp?id=4627

Another PS2 write up link for "Playwize"

Nice BIT of blue today.

Only CSCS left on the offer and not moved so far today.

Now 1 v 1 @13.25/14.25

Moving up another tick or two.

L2 now 1 v 2 @13.75/14.5 and all blue

New broker due to be announced tomorrow or Thursday is the rumour.

It would appear we are very short of stock.

A few smallish buys or one largish is causing he price to move upwards and keep going up.

The short term chart looks wonderful now and newsflow should be in abundance over the coming months :) A BIT happy now :)

Up again, another blue day........ :)

Up again :)

L2 now 3 v 1 @14.75/16 and all blue