EveryMatrix Acquires Miles Ahead

23 March 2011 (London, UK) – Award winning sports betting and turnkey provider,EveryMatrix, has entered into an agreement to acquire the Norwegian gaming software developer Miles Ahead. Miles Ahead specializes in Bingo and Poker software, both for desktop and mobile, including special apps for iPhone and Android.

The Miles Ahead Bingo and Poker software will be sold as standalone products in the EveryMatrix gaming portfolio, but also offered as part of a complete turnkey solution using the GamMatrix gaming management and payments platform.

All the products will be marketed under the new EveryMatrix brand RakeMatrix. Both poker and bingo are licensed in Malta where EveryMatrix’ sports betting product – OddsMatrix – is licensed.

Miles Ahead has one of the strongest development teams we’ve met so far. Their games are fast, well designed, and with cool graphics. In particular this is a team with great experience and skills in mobile development. They fit in beautifully in our organization and we’re very proud to join forces with Miles Ahead and have reached a level of maturity that allows us to do transactions such as this, said EveryMatrix CEO Ebbe Groes.

We’re now focusing on bringing these products to the market, using synergies in sales, marketing, operations, and support. We have also initiated new development projects aimed at the fast growing mobile gaming market, allowing us to package this together with the new OddsMatrix mobile sportsbook, he added. We’re very excited about this acquisition, it raises our game to yet another level after last year’s successful launch of GamMatrix and we’ll be moving fast in using the opportunities this brings us.