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Parekh Named as Successor

The top management at the Boss Media online casinos gambling and betting software provider has announced that the current CEO is leaving the company as soon as next week. The current CEO at Boss Media, Michael Hallen, announced that he was leaving the company since he had achieved all of the company’s business goals for the year and the company is in a very strong financial position. The newly announced successor for Hallen, Rahul Parekh is a further testament to the integration of both Boss Media and the GTECH online casinos gambling technology company.

Parekh is already involved in GTECH at a senior management level – specifically working within the company’s products and strategies in the Asian Pacific region. The transition into the position of CEO of this major online casinos gambling company is significant, and Parekh commented on his new position; "I am excited to take this new challenge on. Our business plan and objectives to continue integrating Boss Media into GTECH and the new division remain.”

As for Hallen, he is confident that Parekh can continue to lead Boss Media and GTECH into a positive 2008 financial year within the global online casinos gambling industry. Hallen comments, "I have enjoyed working at Boss Media from day one. I leave Boss Media very proud of what we have achieved together. As I see it GTECH brings stability, growth, internationalization and new significant opportunities to Boss Media.” The Board of Directors at Boss Media noted that Hallen had “and made significant achievements for Boss Media,” but at the same time, the online gamblers and company “clients will benefit from a larger product portfolio and a stronger international presence; there will also evolve more opportunities for our employees,” which is the result of the integration of Boss Media and GTECH.