IQ-Ludorum & Phantom Fiber Inc. Partner on Wireless Gaming Platform

IQ-Ludorum plc, a leading provider of wagering software solutions, is pleased to announce a V.A.R. (Value Added Reseller) Agreement with Phantom Fiber, Inc. Under terms of the agreement, IQ-Ludorum will market IQ-Wireless (a wireless gaming solution combining IQ-Ludorum's innovative gaming software with Phantom Fiber's market leading wireless technology), to IQ-L's established clientele of gaming operators.

IQ-Ludorum & Phantom Fiber Inc. Partner on Wireless Gaming Platform

Best-of-Breed Wireless Gaming Offering Enables Bettors Anytime & Anywhere Digital Tone is Available

London, UK - March 24, 2003
IQ-Ludorum plc, a leading provider of wagering software solutions, is pleased to announce a V.A.R. (Value Added Reseller) Agreement with Phantom Fiber, Inc. Under terms of the agreement, IQ-Ludorum will market IQ-Wireless (a wireless gaming solution combining IQ-Ludorum's innovative gaming software with Phantom Fiber's market leading wireless technology), to IQ-L's established clientele of gaming operators.

Fully integrated with IQ-Ludorum's suite of wagering applications for casino, sports, and horseracing, IQ-Wireless enables players to make real-time wagers with their PDAs and cell-phones. Platformed on Phantom Fiber's industry leading wireless framework, IQ-Wireless delivers a feature rich gaming experience, unparalleled on the wireless platform, extending state-of-the-art wireless gaming to the burgeoning mobile device market.

"IQ-Wireless represents a new benchmark in the provision of interactive wagering for the wireless market. Phantom Fiber's proprietary Smart Streaming technology optimizes data streaming performance, delivering an exceptional presentation experience without sacrificing performance. In tandem with IQ-Ludorum's broad range of digital wagering applications, IQ-Wireless reinforces Phantom Fiber's commitment to empower enterprises through the provision of wireless applications delivering substantive value.

Online Gaming will be the key revenue driver behind the global adoption of wireless technology. Phantom Fiber is proud to partner with IQ-Ludorum, to deliver an exceptional product offering that is truly ground breaking in this flourishing market."

Jeff Halloran - President, Phantom Fiber Inc.

"IQ-Ludorum is gratified to provide our clients with a total product solution, empowering them to extend their gaming offerings to the wireless realm. In many parts of the globe, wireless connections dwarf Internet connections by a sizable factor. IQ-Wireless enables our customers to offer a truly unique wagering experience to this largely untapped and lucrative market. Most importantly, this latest innovation furthers IQ-Ludorum's objective to give players true single account convenience across the full breadth of digital media devices."

John Roberts - General Manager, Marketing, IQ-Ludorum

IQ-Wireless' highly resilient and open architecture communicates directly with existing account management and game server systems, enabling single account/dual platform access via the application's Internet extension.

To meet the unique branding and operational requirements of a diverse client base, IQ-Wireless is fully configurable, facilitating the customisation of the interface to enable operators to achieve the same "look and feel" of their established online properties. The application also incorporates integrated chat features providing Live Help support. Gaming Operators can also direct their customers to a branded wireless microsite, providing new players with all of the information required for installing and playing the application.

For more information contact:

John Roberts
General Manager - Marketing
Tel: +44 20 7932 2451
Email: mailto:marketing@iq-l.com

About the companies:

IQ-Ludorum plc is a leader in the E-Gaming Industry, providing a unique, integrated architecture for the operation of best-in-class gaming services across all digital media. A publicly held company with offices in the UK, North America, and throughout the Caribbean, IQ-Ludorum trades on the London Stock Exchange's Alternative Investment Market (AIM) under the symbol IQL.L.
Website: www.iq-l.com

Phantom Fiber Inc. is the leading provider of secure wireless technology and mobile solutions. Their innovative wireless software framework, incorporating patented Smart Streaming technology, presents a superior audiovisual user experience-setting the performance standard for the wireless industry. Phantom Fiber empowers enterprises to efficiently deploy commercial and productivity applications with high performance functionality onto hand held devices, delivering robust and secure, client / server applications, generating real revenue models and measurable returns.
Website: www.phantomfiber.com