TransGaming Inc.

TransGaming Inc.

October 27, 2011 08:30 ET

TransGaming To Release Q1 FY2012 Financial Results November 28, 2011

TORONTO, ONTARIO--(Marketwire - Oct. 27, 2011) - TransGaming Inc. (TSX VENTURE:TNG), will be releasing its unaudited financial statements for the three months ending August 31, 2011 on Monday November 28, 2011 after the close of the markets. The Company will host an analyst and investor conference call on Tuesday November 29, 2011 at 10:00 a.m. EST to review the financial results.

For fiscal years beginning on or after January 1, 2011, Canadian publicly listed entities are required to prepare their financial statements in accordance with International Financial Reporting Standards (IFRS). The three months ended August 31, 2011 is TransGaming's first reporting period under IFRS. TransGaming also transitioned its reporting to US dollar currency in fiscal 2012. Due to the requirement to present comparative financial information, the effective transition date for both IFRS and US dollar reporting is June 1, 2010. To accommodate the IFRS transition and provide the full impact of the conversion from Canadian generally accepted accounting principles to IFRS, the OSC extended the filing deadline for the first interim financial report filed under IFRS by 30 days.

The telephone number for the conference call will be provided with the release of the financial results.

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.

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