Worldlink: Company Update

LONDON, October 4, 2012 /PRNewswire/ --

Worldlink Group Plc ("Worldlink" or the "Company") wish to announce that Stephen Pearson and Sports Media Gaming Limited ("SMG") are no longer contracted with Worldlink to act as Chief Marketing Officer. Proceedings have been issued against Worldlink by SMG, the result of which is the publication in the London Gazette of a notice of winding-up of the Company. The Company is defending the winding up petition and the Company has prepared a counterclaim based on non-performance and, after detailed investigation, a substantial counter-claim for damages based on breaches of professional confidentiality.

Notes to Editors

About Worldlink

Worldlink is one of the UK's leading real-time mobile applications companies with patented technology that allows information held on the mobile device to be updated automatically without the need for a manual refresh. Information is delivered via a mobile telecommunications network in real time, whilst intelligently minimising the bandwidth required to transmit the data. The technology is patent protected in the US and UK and is patent pending in Europe. Worldlink has already licensed its patents to leading institutions in the financial and technology sectors and is furthering this process in the UK, US and Europe. For more information about Worldlink and its businesses please visit http://www.worldlink-products.com.

Contact
For further information please contact:
Neil Riches +44(0)1737-221-078
Managing Director
Worldlink Group Plc

SOURCE Worldlink