Pollard Banknote Awarded New Contract by Totalizator Sportowy (Polish National Lottery) WINNIPEG, MB, Feb. 4, 2013 /CNW/ - Pollard Banknote Limited (TSX: PBL) (Pollard Banknote) is pleased to announce that Totalizator Sportowy (Polish National Lottery) has awarded Pollard Banknote a one year contract for instant lottery tickets. This contract, under which Pollard Banknote will remain the primary supplier of instant tickets to the Polish lottery, includes the possibility of five 12-month extensions and has an estimated contract value of over $4 million USD per year. Pollard Banknote first collaborated with Totalizator Sportowy in 2007. Since then, the Lottery has seen over 360% growth in total instant sales. The most recent success was the 5 złoty game Ekstra Pensja, launched in March 2012. This ticket, which uses Pollard Banknote's exclusive Scratch FX® technology, achieved 10-week average sales of 1.66 złoty million compared to the previously launched 5 złoty game of 627,542 złoty —accounting for a 164% difference and has resulted in a number of new 5 złoty games launching in 2013. "Pollard Banknote is excited to continue working with Totalizator Sportowy," said Doug Pollard, Co-Chief Executive Officer. "This contract allows us to continue the momentum we have built to date. The trust we have developed with the Lottery, through licensed games and value-added products such as Scratch FX® and translucent latex, demonstrates their confidence in our partnership." "We have enjoyed working with Pollard Banknote as the primary supplier of our instant tickets. They have provided insight, support, and an exceptional product that have all translated into growth for our lottery," said Wojciech Szpil, President of the Management Board for Totalizator Sportowy. "We look forward to building and growing for years to come." Totalizator Sportowy Spólka z.o.o. was established in 1955 as Poland's national lottery. Headquartered in Warsaw, it is a limited liability company that is wholly owned by the Treasury of Poland, and by law holds a lottery monopoly in the Republic. About Pollard Banknote Limited Pollard Banknote Limited is one of the world's leading full-service lottery vendors and is a major supplier to North America's charitable gaming industry. The company manufactures instant lottery tickets and provides related programming, design, and marketing support. As well, Pollard Banknote manufactures pull tab tickets and bingo paper, and supplies lottery management services (including warehousing and distribution). Established in 1907, Pollard Banknote is owned approximately 73.5% by the Pollard family and 26.5% by public shareholders and currently serves more than 50 lotteries worldwide, including some of the largest and most respected lotteries in the United States, Canada, Europe, Asia, and Central and South America. Forward-looking Statements Certain statements in this press release may constitute "forward-looking" statements and information which involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. When used in this document, such statements include such words as "may," "will," "expect," "believe," "plan," and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this document. There should not be an expectation that such information will in all circumstances be updated, supplemented, or revised whether as a result of new information, changing circumstances, future events, or otherwise. Doug Pollard (firstname.lastname@example.org) Co-Chief Executive Officer Telephone: (204) 474-2323 Facsimile: (204) 453-1375 John Pollard (email@example.com) Co-Chief Executive Officer Telephone: (204) 474-2323 Facsimile: (204) 453-1375 Rob Rose (firstname.lastname@example.org) Chief Financial Officer Telephone: (204) 474-2323 Facsimile: (204) 453-1375 SOURCE: Pollard Banknote Limited To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2013/04/c2895.html CO: Pollard Banknote Limited ST: Manitoba NI: PUB CNO ORDER -0- Feb/04/2013 19:18 GMT
Pollard Banknote Awarded New Contract by Totalizator Sportowy (Polish National Lottery)
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