Le Lézard
Classified in: Tourism and vacations, Science and technology, Business
Subjects: CON, LIC

eQube announces a long-term licensing agreement with Canadian Bank Note (CBN)


/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRE SERVICES/

EDMONTON, Jan. 16, 2020 /CNW/ - eQube is pleased to announce that we have entered into a long-term licensing agreement with Canadian Bank Note (CBN) to distribute our proprietary-specific side games. This exclusive agreement includes an upfront license fee and revenue sharing agreement with CBN, and gives eQube access to the Ontario market from January 1, 2020 until December 31, 2029. 

eQube Gaming Limited (CNW Group/eQube Gaming Limited)

CBN will also be able to distribute our innovative products outside of Ontario in Canada and in other countries, providing eQube access to other markets through revenue share.  

About eQube Gaming Limited ("eQube")

eQube is a leading provider of electronic bingo (eBingo) systems for land based gaming operators in commercial and charitable gaming facilities. eQube has the majority market share in the Canadian regulated bingo market as well as the Irish market and operates the linked bingo games in Alberta and Ireland. Current solutions, consisting of commercial eBingo, linked wide area bingo, traditional bingo and automated bingo style electronic games are complemented by enterprise class accounting and back office reporting combined with open platform customer management data tools. eQube's platform provides new and enhanced revenue channels by enhancing the experience, environment and service to our clients' customers.

eQube has been offering its eBingo and related gaming solutions to commercial, tribal, regulatory and charitable customers worldwide since its inception in 1999. Its registered and head office is in Edmonton, Alberta. eQube is listed on the TSX Venture Exchange under the symbol EQG. For more information visit: www.eqube.com

Disclaimer in Regards to Forward-Looking Statements

This news release may contain forward-looking statements and information ("forward-looking statements") within the meaning of applicable securities laws and is based on the expectations, estimates and projections of management of eQube as of the date of this news release, unless otherwise stated. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. In this news release, forward-looking statements relate, among other things, to the timing of the appointment of a new CEO and CFO. Investors are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward looking information provided in this news release is also based on certain assumptions regarding expected growth, results of operations, performance and business prospects and opportunities. Accordingly, readers should not place undue reliance on the forward-looking statements contained in this news release. Since forward-looking statements addresses future events and conditions, such information by its very nature involves inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These risks include unsatisfactory due diligence, or the inability to negotiate a definitive agreement and/or obtain necessary regulatory and third-party approvals.

Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information regarding some of these risks, expectations or assumptions and other factors may be found in eQube's filings with the Canadian securities regulators, available at www.sedar.com. The reader is cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and eQube undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE eQube Gaming Limited


These press releases may also interest you

at 23:00
Xpeng Motors ranks top among Chinese auto makers in smart & connected car technology patents in 2019, according to data released jointly by The China Automotive Technology Research Center's Institute of Information Technology, and the Intellectual...

at 23:00
OXIS Energy has successfully tested its cell prototypes at 471Wh/kg and is confident of achieving 500Wh/kg in the next 12 months.   Consistently shipping cells at 400Wh/kg to its clients in Europe, the USA and Japan, OXIS is collaborating with major...

at 21:35
StorCentric, a global provider of world-class and award-winning storage solutions, today announced it has added Manju Agarwal to its Board as an advisor. Agarwal brings over 30 years of banking experience in India and internationally, and has unique...

at 21:15
CollabNet VersionOne (CollabNet), a leading provider for Agile planning and collaborative development, and XebiaLabs, the leader in release orchestration, deployment, and continuous delivery, announced today that the two companies have merged. The...

at 21:15
Imagine H2O (IH2O) is a mission-driven nonprofit that supports startups to develop and deploy their technologies and solutions to solve global water issues. One vehicle IH2O utilizes to drive this mission is through its annual Clean Water Accelerator...

at 20:35
Technavio has been monitoring the global cholangiocarcinoma therapeutics market since 2018, and the market is poised to grow by USD 82.56 million during 2019-2023, progressing at a CAGR of almost 6% during the forecast period. Request free sample...



News published on 16 january 2020 at 11:30 and distributed by: