STAN JAMES SELECTS CHARTWELL TECHNOLOGY
By Press Release
Calgary, Canada, February 8, 2006, Chartwell Technology Inc. (TSX:CWH), a leading provider of gaming software systems to the online and remote gaming industry is very pleased to announce that Stan James, the premier Gibraltar based bookmaker, has selected and launched Chartwell’s flash based casino (www.stanjames.com) to complement their online business.

The Stan James brand has been at the forefront of Sports Betting over the last decade. With innovative markets and value prices Stan James has become one of the most acclaimed names within the betting and gaming industry. This accomplishment has largely been achieved through top-tier European sports sponsorships and marketing, and Stan James is currently ranked in the top 20 online Sportsbooks and Racebooks according to industry source Casino City Press.

'We’re very pleased to embark upon a relationship with such a well known and respected brand in online gaming,” states Darold H. Parken, President and CEO of Chartwell, “Once again, we have gained a strong industry partner with a well established online gaming business, helping to ensure our future growth. It has always been our focus to align Chartwell with solid, first-class European operators and Stan James exemplifies just that.”

'The decision to release new software is fundamental to keeping our customers satisfied and excited with new and advanced technology in gaming” commented Peter Fisher, MD of Stan James. “We are a company that prides itself on integrity and overall fairness to the customer, and one which consistently delivers quality in every dimension of its business, affording the customer the sense of trust that is essential to online gaming. The new Chartwell software is yet another example of this and we expect the site to be extremely popular with our existing clients and that it will prove its success by tempting many more to the Stan James Casino.”

About Chartwell

Chartwell 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 nor does Chartwell operate its own gaming sites. 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 our company and gaming applications at www.chartwelltechnology.com

For further information, please contact:

Chartwell Technology Inc.

Darold Parken, President and CEO

(877) 261-6619 or (403) 261-6619 dhp@chartwelltechnology.com Chartwell Technology Inc.

David Bajwa, Investor Relations

(877) 669-4180 or (604) 669-4180

info@chartwelltechnology.com

The TSX does not accept responsibility for the adequacy or accuracy of this release.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein may constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. We believe that the expectations reflected in the forward-looking statements are reasonable based upon management’s current views but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date hereof. We do not intend, and do not assume any obligation, to update conclusions, forecasts or projections that may be contained in these forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by these forward-looking statements will occur, or if they do, that any benefits may be derived from them. Past results have been applied in drawing a conclusion or making a forecast or projection set out in the forward-looking information.

 
 
 
 
 
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