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Non-Tech : International Lottery and Totalizator Systems (ITSI) -- Ignore unavailable to you. Want to Upgrade?

To: LEO RISHTY who wrote (129)	6/25/1999 9:18:00 PM
From: Toni Wheeler	Read Replies (1) \| Respond to of 160

Hi Leo... $10 million and then how much?? -gg- Seems the new blood at ITSI, er...ITLS, has been busy...their background is impressive and their knowledge of the industry is invaluable: <<<ILTS Appoints Lou Burns Vice President, Sales And Marketing;Leonard G. Morrissey Named To ILTS Board Of Directors CARLSBAD, Calif., May 27 /PRNewswire/ -- International Lottery & Totalizator Systems, Inc. (OTC Bulletin Board: ITSI) today announced the appointment of Lou Burns as Vice President responsible for the Company's sales and marketing activities. Reporting to Mark Michalko, ILTS President, Mr. Burns will spearhead ILTS' movement into a greatly expanded arena of products, services and overall capabilities. Prior to joining ILTS, Mr. Burns served as Vice President for ILAC in Guatemala; General Manager of Western Region Operations for Gtech Corp; and as a sales consultant for Amtote Corp. His lottery and tote experience span more than 13 years. In addition to his gaming industry experience, he has held several key positions in the information technology industry related to government and international sales and computer center development. Further strengthening ILTS' management team, Leonard G. "Pete" Morrissey was elected as a new member of ILTS' Board of Directors at its annual shareholders meeting held on May 24, 1999. Mr. Morrissey, formerly Sr. Vice President of Gtech Corp., brings over twenty years of gaming experience to enhance ILTS leadership. "Lou's and Pete's extensive background and experience in the wagering industry both in operations and sales will make a significant contribution to the Company's plans for growth in both the tote and lottery markets," said ILTS President, Mark Michalko. "Our current customers will also benefit from the breadth of gaming specific knowledge and hands-on experience they bring to the positions." SOURCE International Lottery & Totalizator Systems, Inc. CO: International Lottery & Totalizator Systems, Inc. ST: California IN: CNO SU: PER 05/27/99 13:59 EDT prnewswire.com >>> IMHO, things are lookin' good.... My best, ~T.