Chartwell Teams with to Offer Cash Bingo
By staff
Calgary, Canada, April 25, 2005, Chartwell Technology Inc. (TSX:CWH), a leading provider of gaming software systems to the online and remote gaming industry, and, Ltd. (OTCBB:BNGOF), operator of the Internet’s pre-eminent bingo portal, are pleased to announce that Chartwell has been selected as’s official supplier of its cash gaming system. is one of the world’s largest online bingo destinations, with a player base of over one million registered players. Through its player acquisition strategy and unique brand identity attracts over 30,000 visitors each day, averages over 800 new player signups per day and has served up over four billion Bingo cards to date on a play for fun basis. Due to the recent positive regulatory movements (UK Gambling Bill), has decided to take advantage of its brand and dominant position in the free online bingo industry to diversify its business model and enter the play for cash bingo market. Under the terms of the license agreement, Chartwell will provide with its gaming system, offering players the experience of flash based 75 and 90 ball bingo games, complete with chat features and the opportunity to play Chartwell’s full suite of soft games which are offered as side games or intermission entertainment.

“We are delighted to have been selected as the software provider to one of the world’s largest online bingo companies”, states Darold Parken, President and CEO of Chartwell. “Community based gaming has become one of the fastest growing segments of the gaming industry and the launch of’s play for cash offering gives Chartwell a strong industry partner and represents a significant step towards positioning the Company as the leading bingo software provider to this exciting gaming market segment.'

“We are excited to be working with the Chartwell team”, comments Tarrnie Williams, CEO of “Collaborating with Chartwell will ensure a smooth transition into the cash bingo business and position us to take advantage of our strong market position. Chartwell was our preferred supplier for the cash bingo gaming system because of their reputation in the industry, their adherence to auditable gaming systems and their commitment to quality software development.”

While still in its infancy, online bingo has already attracted more than five million players with a demographic profile that differs significantly from that of online casino and poker players. This suggests that bingo will make a significant contribution to the growth of the online gaming industry, expected to generate revenue exceeding $18 billion by 2010, according to Christiansen Capital Advisors. The growth of online gaming as a whole has the opportunity to significantly exceed published forecasts. Regulation in the United Kingdom and other nations adopting similar online gaming policies are expected to facilitate this growth.

About operates the popular web portal, offering free games including multiplayer bingo, video poker, sweepstakes, slot machines, and more. With over 1,200,000 registered users and more than 800 new users everyday, is one of the most recognized and most visited Bingo entertainment destinations on the web.

About Chartwell

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.

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