|Calgary, Canada, February 23, 2005, Chartwell Technology Inc. (TSX:CWH), a leading provider of gaming software systems to the online and remote gaming industry is very pleased to announce the addition of European based Sportingbet plc (AIM:SBT.L) to its growing list of clients. |
Founded in 1998, Sportingbet is regarded by leading industry observer eGaming Review as the largest online gaming company in the world. Sportingbet boasts betting turnover of over $2 Billion USD from a player base that exceeds 2.2 million customers in over 100 countries and currently averages over 13 bets per second. Sportingbet has grown through the development of its existing business and strategic acquisitions and provides access to the Sportingbet brand in 15 languages and 15 currencies.
While the growth of online gaming continues its meteoric expansion as a whole, various channels such as Soft Gaming and Bingo present exceptional opportunities for those wishing to cater to specific market segments. To capitalize on this opportunity, Sportingbet has licensed Chartwell's suite of 'Soft-games' and 'Bingo games' on a fully integrated basis to pursue this new player demographic and enhance its product offering.
Lee Richardson, Chief Executive of Chartwell Games, said 'This significant new signing further delivers on our commitment to developing our European client base; it also serves to reinforce that the Chartwell business model and products can add significant value to the most major of on-line gaming operators such as Sportingbet'.
Sportingbet plc (AIM:SPT.L) is a fully regulated, tax-free online sports betting and gaming company. Operating under fully regulated licenses in the UK, Australia, Antigua and Curacao, Sportingbet has over 2.2 million customers and trades in over 100 countries, 15 languages and 15 currencies. The Sportingbet mission is to be the leading operator of interactive gambling through the provision of secure, legal and ethical sports betting and gaming services through constant customer satisfaction and service that is convenient, innovative, safe and fair.
Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet and wireless platforms and other remote access devices. Chartwell's Java and Flash based software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications. Chartwell does not participate in the online gaming business of its clients. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its leading edge through continuous development and unparalleled customer support.
Chartwell invites you to preview and play our games at www.chartwelltechnology.com
For further information, please contact:
Chartwell Games Corp.
Lee Richardson, Chief Executive
+44 20 8610 6671
Chartwell Technology Inc.
David Bajwa, Investor Relations
(877) 669-4180 or (604) 669-4180