15-02-2008 Parlay entertaining offers

The internet bingo software developer announced that it has received three expressions of interest from parties interested in conducting due diligence which could result in a possible purchase of all of the outstanding shares of the company.

In other news, AIM-listed AsianLogic entered into an agreement to acquire the Asian Poker Tour, which is expected to drive additional online traffic to AsianLogic's poker sites as well as to launch its own online poker room on Playtech's iPoker network.

AsianLogic's CEO Chris Parker commented: "Following our successful IPO, this agreement is further evidence of our strategy to grow our customer reach and appeal, and reflects the strength of AsianLogic's market leading presence in the Asia-Pacific region."