Hitt og þetta 24. september 2007

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