TORONTO, ONTARIO--(Marketwire - March 2, 2012) - TransGaming Inc. (TSX VENTURE:TNG) ("TransGaming" or the "Company") announced today that its Board of Directors recently approved the addition of an Appendix to the Company's Stock Option Plan in order to accommodate specific Israeli tax law provisions, which will apply to options issued to employees subject to such laws. The addition of the Appendix has received conditional approval of the TSX Venture Exchange and remains subject to final approval of the TSX Venture Exchange. The Appendix does not change any of the terms of or the fixed total number of options approved for issuance from the Stock Option Plan.
About TransGaming Inc.,
TransGaming Inc. (TSX VENTURE:TNG) is the global leader in the multiplatform deployment of interactive entertainment. TransGaming works with the industry's leading developers and publishers to enable and distribute games for Smart TV set-top boxes, Mac computers, and Linux/CE platforms. TransGaming is headquartered in Toronto, Canada. To learn more about TransGaming visit www.transgaming.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Dennis Ensing
Chief Financial Officer
1.416.979.9900 x321
dennis@transgaming.com