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Phantom Fiber signs exclusive agreement with BidNation

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The developer of wireless platform software has signed a five year exclusive agreement with the reverse auction skill game website. Following a successful launch of the Paddy Power reverse auction product, BidNation plans to provide its interactive reverse auction technology to various international gaming companies in Q3 and Q4 of 2006.

Under the terms of the agreement with Phantom Fiber, the BidNation services will now be available on mobile phones and PDAs allowing players to place bids and be alerted as a specific item they bid on draws to a close.

Justin Chamberlain, Managing Director at BidNation, commented; “We are delighted to have partnered with Phantom Fiber for the provision of this mobile gaming software solution which is a key strategic move for our Company. This solution will allow us to expand, strengthen and diversify our offering to global markets, complimenting our comprehensive online and premium SMS solutions. We look forward to driving this product into media, gaming and leisure & retail markets with Phantom Fiber over the next 5 years”