GGT Global Gaming

RNS Number:4739V
Global Gaming Technologies PLC
12 December 2005



                                    ("GGT")

                         Global Gaming Technologies plc

     Licensing of EDC technology - International Emissions Trading Markets

London, 12 December 2005, GGT announces a licensing agreement between its
wholly-owned software company Event Data Correlation ("EDC") and Affine Capital
Partners LLP for EDC's technology platform which will be customised for
real-time trading in the international emissions trading markets.  It is
estimated that the global emissions market will grow to euro 23 billion by 2010.

EDC's proprietary aggregation and correlation software is designed to identify
and effect real-time, automated trading from vast amounts of event-based
statistical data.   Affine Capital Partners LLP is an international advisory
firm whose associates are experts in the EU Emissions Trading Scheme ("EU-ETS")
and international emissions and energy markets. The combination of EDC's
technology platform and Affine's market knowledge will enable the real-time
trading of spot and futures contracts in emission permits known as EU
Allowances.

Exchanges have already been established around Europe and global exchanges are
being developed to trade financial products in the international emission
markets pursuant to the Kyoto Protocol.

Commenting on the licensing agreement, Paul Pullinger, CEO of GGT, said:

"Our technology provides an excellent trading platform in this market where so
many factors come into play and event-based data from a number of sources have
to be collected and converted into a common form (normalised) in sub-second time
to enable trading across multiple international markets."

Peter Clarke, Managing Director (U.K.) of Affine Capital Partners, said:

"EDC's event-based technology is an ideal platform for us in this growth market,
where we can take disparate data sets on emissions, weather, natural gas, power
and coal to provide structured products for our clients wishing to manage and
optimize their international emissions and energy exposure."

Enquiries:

Dominic Johnson                                tel: +44 (0) 20 7404 0777
GGT

John Bick                                       tel: +44 (0) 7917 649362

Kathryn Brudenell-Bruce
Director of Communications
Affine Capital Partners LLP                      tel: +44 (0) 7734 0550


Notes to Editors - International Emission Trading Markets

The European Union introduced a Directive to reduce emissions of carbon dioxide
with effect on January 1, 2005. Carbon dioxide (CO2) is thought to contribute to
global warming. The EU Directive is divided into two phases: Phase I for the
years 2005-7 inclusive, and Phase II for the years 2008-12 inclusive.

International Emissions Trading Scheme

The approach adopted by the EU to reduce carbon dioxide (CO2) emissions is a 
'cap and trade' system known as the EU Emissions Trading Scheme (EU-ETS).
Instruments known as "Allowances" representing the right to emit one tonne of
CO2 are distributed to 11,400 facilities in all 25 EU member states. The
facilities are given a "target" or "cap" for the three years 2005-7 inclusive.
If a facility reduces its carbon dioxide emissions more than its target, it can
sell excess Allowances to other facilities that exceed their targets. The price
of an EU Allowance is set by the capital markets.

In Phase I, any installation that exceeds its targets will be fined Euro40 per
tonne of carbon dioxide and the amount of the deficit in Allowances will be
carried over to the following year. In Phase II, the fine increases to Euro100 per
tonne, any deficit will be carried over to the following year, and more
installations and gases will be covered

European-based Exchanges have already been established to trade spot and futures
contracts in EU Allowances. Furthermore, the energy mix in Europe of power,
natural gas, coal and oil has been impacted by the imposition of a penalty for
the emission of carbon dioxide. The biggest proportion of CO2 emissions come
from the power sector, particularly utilities with coal-fired fleets.

The Kyoto Protocol goes into effect on January 1, 2008, to include major
economies such as Japan, Canada, Russia, China and India in an international
emissions trading scheme which will also include the EU.

end


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