REG - Mobile Streams plc - Major contract win

Mobile StreamsAnnouncement

13/01/2022 12:35

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RNS Number : 3856Y  Mobile Streams plc  13 January 2022

13 January 2022

 

Mobile Streams plc

("MOS" or "the Company")

 

Major contract win. Monthly revenue now over $120,000 per month

Mobile Streams plc, the AIM quoted mobile content and data intelligence
company, is delighted to announce a major strategic partnership contract with
International Gaming Systems ("IGS") which is expected to deliver significant
revenue to the Company. As a result, the Company expects its monthly revenue
across all services to exceed US$120,000 this month.

 

The revenue share contract with IGS will see IGS's gaming and entertainment
services launched and made available globally via the MOS website
mobilegaming.com and via MOS telco contracts when ready. These services will
begin in Q1 this year with the initial launch of a FIFA Esports tournament
involving a top Eurasian football league and a trading service for online
gaming skins. These will precede the rollout of further Esports, gaming and
content services that IGS will deliver via Mobilegaming.com. IGS will also
actively look for other opportunities to grow revenues in partnership with the
Company. Additionally, IGS will be using the Steams platform to accelerate and
better target its marketing services. Under the terms of the contract, IGS has
committed to deliver minimum revenue to MOS of US$720,000 over the first six
months, a portion of which will be paid to IGS and MOS will fund modest
start-up costs.

 

About IGS www.internationalgamingsystems.com
(http://www.internationalgamingsystems.com)

With origins in lottery games and services, IGS is an established, revenue
generating business evolving into a transformative esports and gaming services
provider that focuses on an esports experience beyond the core traditional
professional esports, amateur esports competitions and content streaming.

 

Anders Holmstedt, IGS CEO said:

"I am delighted to announce this major strategic partnership with Mobile
Streams. With our gaming and entertainment content and their delivery platform
we have enormous scope to grow services and revenue. We can't wait to get
going with the partnership, first with our Esports competition and Skins
trading but then with much more to come."

 

Nigel Burton, Non-Executive Director, said:

"The IGS contract is a great start to the year. It shows how far we've come
and it's a credit to the whole team that we can now attract strategic
partnerships of this level. We look forward to continued growth in the months
ahead."

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic
Law by virtue of the European Union (Withdrawal) Act 2018. Upon the
publication of this announcement, this inside information is now considered to
be in the public domain.

 

About Streams Data

The Streams Data business provides data insight, intelligence and
visualisation services and marketing optimisation tools. The enterprise level
bespoke service achieved first revenues in June 2020, and the Streams SaaS
("Software as a Service") self-service platform generated initial customer
revenues in October 2020.

 

For further information, please contact:

 

Mobile Streams plc

Nigel Burton, Non-Executive Director

+44 77 8523 4447

www.mobilestreams.com (https://www.mobilestreams.com)

 

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

+44 (0) 20 7628 3396

Peterhouse Capital Limited (Broker)

Lucy Williams and Duncan Vasey

+44 (0) 20 7469 0930

 

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