Articulate, based in Sydney, Australia, is a gaming service company offering third party online gaming content together with customer retention, support and marketing services. Articulate has a customer base with extensive distribution primarily in the Asia Pacific(APAC) region. In exchange for the license to utilize GMGI’s technology and online gaming platform, Articulate pays fees to Golden Matrix calculated as a percentage of the monthly usage by its many clients. Articulate plans to utilize GMGI’s technology to help grow its existing business and gain access to additional markets outside of APAC.
“These recent events have created an exceptional opportunity for Golden Matrix,” said CEO Anthony Goodman. “We expect our relationship with Articulate to not only produce a meaningful and monthly recurring revenue stream, but also position GMGI as an important technology and content provider to the rapidly growing online social gaming market.”