gcn/p1 gets into gameing, page-3

This is only part of todays 2nd announcement

Priority1game.tv
? The two companies will also seek to establish a presence in the global online gaming market, with a specific focus on the Indian and Chinese markets.
? PON has an equal partnership agreement with ASX listed GoConnect Ltd (“GCN”). Two Way and PON will also partner with GCN and leverage on the multi-platform IPTV distribution infrastructure and technologies of GCN in distributing an interactive gaming channel to a global IPTV audience. GCN’s strong understanding of the China market and the already established relationships of GCN and PON in China will help to fast track the expansion of the gaming channel into the China market. China is the biggest gaming market in the world with gaming expenditure estimated to total over US$100 billion per annum. This objective is concurrent with KPMG reports indicating “Gaming platforms are big business for the likes of Microsoft, Sony and Nintendo, and they are driving the value-add prospects for telecom carriers and the new world of Internet Protocol TV (IPTV).”
In negotiating the agreement, the directors of both companies considered the significant commercial synergies that exist between Two Way and PON, and are excited at the commercial and strategic benefits that will arise from pursuing domestic and international sports betting and online gaming opportunitie