Worldlink: Company Update

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

Worldlink