ISSUED: Friday 15th April 2016
We are aware of the allegations being raised by a former partner of our company. We wish to make it clear that our company denies all of the allegations.
The former partner entered into an agreement with our company pursuant to which we provided a suite of software, including the OddsMonkey Oddsmatcher, Dutching App and Advanced Calculator.
We understand that the former partner has alleged that our company terminated the agreement with 48 hours’ notice or less. That is untrue.
The former partner actually gave notice to our company on the 10 March 2016 (in writing) that it wished to cancel its agreement with our company on the 8 April 2016.
Since termination of the agreement, we believe that the former partner has unlawfully accessed our company’s Oddsmatcher software / data / intellectual property and used it for its own commercial gain.
The matter is now being dealt with by our company’s solicitor.
Updated: 15/04/2016 17:15