Tain signs agreement with Auctionbringer for Penny Auction product

Tain announces the signing of an agreement with Auctionbringer to provide a Penny Auction solution to its B2B customers.

Auctionbringer is the world’s first B2B provider of a Penny Auction platform and network.

By adding Penny Auctions to the portfolio, Tain’s customers; traditional Gaming companies; will not only have the opportunity to add an exciting new product for their current B2C customers, but also gain a great acquisition tool to attract new customers. Penny Auctions are also a great tool for use in VIP- programs and shops.

The agreement between Auctionbringer and Tain marks the birth of the world’s first Penny Auction network, powered by Auctionbringer’s own B2C brand Miss Penny (www.misspenny.com).

Mathias Larsson, Managing Director of Auctionbringer, said:

We are excited to sign Tain as a B2B partner. Their experience and contacts in the gaming industry makes them an ideal partner for us. Tain’s customers will now have the opportunity to be first on market with Penny Auctions, a product we are confident will be in all major gaming companies’ portfolio in the future.

Christer Fahlstedt, CEO of Tain, said:

We are delighted about the agreement with Auctionbinger. This means we will be able to offer existing and new customers an exciting new product to their portfolio either through our TCP platform. We are confident that Penny Auctions will be a natural product in many gaming companies portfolio in the future and this agreement with Auctionbringer means we can offer our customers the best possible solution on the market.

About Auctionbringer

Founded in the UK in early 2009, Auctionbringer Ltd is the world’s first B2B-provider of Penny Auction platforms.

About Tain

Tain, founded in 2001, is a proven gaming infrastructure software provider. Products include Tain Commons Platform (TCP) – a back office platform with seamless integration to a number of gaming systems including Playtech/iPoker, Cryptologic, Microgaming and Tain Payment Gateway (TPG) – a top tier payment gateway supporting 25+ payment methods. Tain Operations, the operational arm of Tain AB offer a full range of hosting and support services in multiple jurisdictions including Malta, Kahnawake and Curacao.

Currently twenty operators are live using the Tain TCP/TPG systems. Clients include Expekt.com, Lucky8bet, Parimatch among others.

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