for the Malaysian, Taiwanese and Idaho Government Lotteries
BURNABY, BC, Sept. 5 /CNW/ - ESI Entertainment Services Inc. (TSX:ESY) today
announced that its subsidiary, ESI Integrity Inc., has entered into agreements
with INTRALOT S.A., a leading global supplier of integrated gaming and
transaction processing systems to game organizations worldwide, to supply its
industry-leading Integrity Independent Control System (ICS) to the Magnum 4D
Lottery (Malaysia), the Public Welfare Lottery of Taiwan, and the Idaho State
The Integrity license agreements plus related services are cumulatively valued
at approximately US $1.4 million over contract terms of six to eight years.
These agreements represent an important step in ESI Integrity's continued
strategic expansion into the regulated international gaming markets while also
maintaining its strong presence in the US government lottery sector.
Currently, Integrity Independent Monitoring solutions monitor billions of
dollars in annual wagering revenues for lottery and pari-mutuel organizations
in North America, South America, Europe, Asia, and Africa. The INTRALOT S.A.
partnership and the implementation of the Integrity system for Malaysia and
Taiwan expands ESI Integrity into the rapidly growing European and Asian
"We are very excited about supporting INTRALOT with our industry-leading ICS
solutions for their rapidly growing customer base," said Michael Meeks,
President of ESI Integrity. "The partnership endorses ESI Integrity as a global
provider of real-time transactional monitoring and auditing solutions for
regulated gaming operators."
Constantinos Farris, General Technical Director of INTRALOT S.A. commented,
"INTRALOT wanted to partner with an industry-leading technology provider that
would be capable of providing the highest levels of assurance to our customers.
ESI Integrity, with their expertise and proven track-record, easily fulfilled
our objective of offering a best-of-breed partner."
Under the terms of the agreement the ESI Integrity system will provide
continuous monitoring of the lottery's wagering transactions, providing an
independent, real-time audit of the wagers and prize calculations. In addition,
ESI Integrity will administer product release updates and supply 24/7 technical
support to the lotteries.
About ESI Entertainment Systems Inc.
ESI Entertainment Systems Inc. is a public company traded on the Toronto Stock
Exchange (TSX: ESY). Its wholly owned subsidiary, Citadel Commerce Corp., is
recognized as a leading provider of secure and efficient payment processing
services to the international online gaming industry.
About ESI Integrity Inc.
ESI Integrity Inc. is the leading supplier of independent software for Security
and Risk Management in gaming. The ESI Integrity Continuous Monitoring System
provides independent real-time monitoring of lottery and pari-mutuel gaming -
auditing billions of dollars of gaming world-wide every year. ESI Integrity is
currently servicing over 35 lotteries and pari-mutuel wagering sites, spanning
North America, South America, Europe, Asia, and Africa.
About INTRALOT www.intralot.com
INTRALOT, a public company listed on the Athens Stock Exchange, is a leading
supplier of integrated gaming and transaction processing systems, innovative
game content and value added services to state-licensed gaming organizations
worldwide. Its broad portfolio of products & services, its know-how of Lottery,
Betting & Video Lottery operations, its experience in sports games and its
leading-edge technology give INTRALOT a competitive advantage, which
contributes directly to customers' efficiency, profitability and growth.
INTRALOT's footprint straddles five continents with 37 subsidiaries, 8 business
offices, 3,000 people and revenues of (euro)523 million for 2005 and
(euro)700(E) for 2006.
Forward- looking Statements
This news release contains forward-looking statements concerning ESI
Entertainment Systems Inc, which statements can be identified by the use of
forward-looking terminology such as "expect", "proposed", "may", "plan",
"intend", "will", "would" or the negative thereof or any other variations
thereon or comparable terminology referring to future events or results.
Forward-looking statements are statements about the future and are inherently
uncertain, and the actual events or results could be materially different than
those anticipated in those forward-looking statements as a result of numerous
factors discussed more fully in the Company's Final Prospectus dated March 22,
2006, Annual Information Form and elsewhere. These risks include risks related
to revenue growth, operating results, industry growth, changes in regulation
and legislation, products, technology, financing, competition, personnel and
other factors affecting the Company and its business, any of which could cause
actual events or results to vary materially from ESI's anticipated future
results. Forward-looking statements are based on beliefs, opinions and
expectations of ESI's management at the time they are made, and ESI does not
assume any obligation to update its forward-looking statements if those
beliefs, opinions or expectations, or other circumstances should change. The
Toronto Stock Exchange does not accept responsibility for this press release.
For further information: ESI Contact: Dan Parmar, Chief Financial Officer,
Telephone: (604) 299-6922 ext 375, Email: firstname.lastname@example.org; Investor Relations:
David Feick, The Equicom Group, Telephone: (403) 538-4787,
CO: ESI Entertainment Systems Inc.
ST: British Columbia
NI: SOF ENT INTERNET CNO ORDER
-0- Sep/05/2006 13:32 GMT
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