Parlay Announces New PGS Customer OnlineBingo.EU

LONDON, UNITED KINGDOM - Parlay Entertainment Inc. (TSX VENTURE: PEI.V) is pleased to announce that Frelix Entertainment Ltd., the owner of the OnlineBingo brand across mainland Europe, has signed a managed services agreement to launch a number of its international bingo sites on the Parlay Game Services (PGS) network, which is based in Alderney and licensed by the Alderney Gaming Control Commission.

OnlineBingo.EU initially launched with Parlay’s customer St Minver Limited in 2007. Soon thereafter, OnlineBingo’s sites became some of the most popular destinations amongst Swedish, Danish, Norwegian, German and Spanish speaking players.

“After their corporate acquisition, moves by St Minver to G2 software prompted us to seek a different network provider,” said Aglaia Panteli, Managing Director of Frelix Entertainment Ltd. “We needed a platform that would support us in our aggressive international strategy. We knew that PGS - based on the latest Parlay5 technology - was the ideal multi-language, multi-currency network that would allow us to launch quickly into new territories and pool liquidity across currencies. This means we will be able to offer even bigger jackpots, greater prizes and more entertaining games to our players.”

“We are thrilled to welcome the OnlineBingo.EU team as a PGS partner,” said Scott White, CEO of Parlay. “They have a proven track record, with success in existing markets as well as an excellent ability to open new territories. Their popular bingo sites will continue as the sites that the players know and trust, and will now become part of a growing and vibrant European online bingo network. Over the coming weeks, we look forward to making several new partner announcements as the PGS network expands internationally.”

The initial OnlineBingo sites will launch in co-ordination with marketing campaigns that are scheduled for roll-out immediately after the summer holiday season.

About Parlay Entertainment

Parlay Entertainment Inc. is one of the pioneers and technology leaders in the online gaming industry. As the inventor and holder of Internet bingo patents, Parlay was the first company in the world to develop and deploy a commercial Internet bingo product. Parlay offers its customers a number of technology solutions which include the commercial deployment of its award winning software along with value-added Parlay Game Services managed solutions based in Alderney and North America. PGS includes hosting services, shared games and, in the case of PGS Europe, pooled liquidity across the European marketplace. Some of the world’s best known brands use Parlay solutions. Parlay’s head offices are located in Oakville, Canada. Parlay is licensed or certified to conduct business in Alderney, the United Kingdom, Isle of Man and Malta.

About Frelix Entertainment

Frelix Entertainment Ltd. was founded in 2008. Our sole focus is mainland Europe where we own two gaming brands - OnlineBingo.eu which is quickly becoming the biggest online bingo brand in Europe and WinaGames.com - our new flash based mini casino.

This document may contain statements about expected future events and/or financial and operating results of Parlay Entertainment Inc. that are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements.

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