PokerShare settles suit with Excapsa softwar provider of UltimateBet Online Poker Room. PokerShare got so big so fast that UltimateBet complained to Excapsa - another chapter in the evolution of poker networks. Related story is PartyGaming acquires EmpirePoker thereby ending their own poker dispute.  

LONDON–(BUSINESS WIRE)–Feb. 21, 2006–Playit Ownit Limited, the operators of PokerShare.com, is pleased to announce an amicable resolution of its dispute with Excapsa Software Inc and its subsidiary, Game Theory Limited.

Commenting on ending the dispute, CEO of PokerShare.com, Lucan Toh said: "We’re very pleased to have resolved our differences with Excapsa Software Inc. and Game Theory Limited and wish them well in their imminent flotation. We consider them to be a very well run company and we will certainly be investing ourselves."

PokerShare and Excapsa parted company in November 2005.

PokerShare will be re-launching with new software in early March and Max Wright, Director of Gaming said: "We are in tip-top shape for our return to the market and are very pleased with our new partners. We fully expect to regain our status as the most promising site on the web."

Following the re-launch of its online poker site, PokerShare will open an online casino in April 2006 to be called CasinoShare.com.

This entry was posted on Thursday, February 23rd, 2006 at 1:12 am and is filed under Online Poker. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.