SOURCE: Reuters

(London, England) — Playtech (AIM: PTEC), the international designer, developer and licensor of software to the online, mobile and land-based gaming industry, today announces that the Company continues to enjoy buoyant trading and has experienced significant growth in revenues towards the end of 2007, when monthly revenues reached a record level.

As a result the Company states that it is confident of meeting market expectations for its operating businesses for its 2007 preliminary results.

With trading in the fourth quarter of 2007 exceeding expectations, the Board is highly confident of the Company's trading performance for 2008.

The Company also announces today that Avigur Zmora, currently Executive Vice Chairman, is to move to become a Non-executive Director of the Company.

In this role Avigur will adopt a senior consultancy role and will continue to work closely with management with a particular focus on strategic matters.

The Company has now entered its close period and its preliminary results will be announced on 4 March 2008.