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Non-Tech : Applied Gaming Solutions - AGC (ASE) -- Ignore unavailable to you. Want to Upgrade?

To: roddio who wrote (453)	9/10/1999 6:46:00 PM
From: LBell	Respond to of 509

APPLIED GAMING SOLUTIONS OF CANADA INC. IS PLEASED TO PROVIDE AN UPDATE ON THE OPERATION OF THE ON-LINE LOTTERY SYSTEM IN VIETNAM. Calgary, Alberta: Applied Gaming Solutions of Canada Inc. announced today that the on-line lottery system it had recently implemented in Hanoi, Vietnam has now been in continuous operation for a month. To date, there have been 30,288 winners, the lottery is currently averaging over a thousand winners per day. As well, the lottery has awarded over $VND 1 Billion Dong in prizes to date. The lottery system has operating efficiently and effectively. All payments owed to Applied Gaming from the Construction Lottery of the Capital-Hanoi (CLCH) have been received on time and have also been repatriated in a timely manner. Unfortunately, due to contractual obligations with the CLCH, Applied Gaming is unable to release gross revenue figures of the lottery. However, Applied Gaming is pleased with the technical operation of the lottery and the player's initial acceptance of the games as reflected by the large amount of winners to date. David Aftergood President & CEO of Applied Gaming upon returning from the Interlotto/ AILE conference in Oslo, Norway said. "The world lottery community has taken notice of Applied Gaming's recent success in Vietnam. It is an exciting time for Applied Gaming now that we are a part of an elite global industry worth over $USD 116 billion dollars in annual sales (La Fleur's 1998 World Lottery Almanac)." Applied Gaming Solutions of Canada Inc. provides comprehensive, integrated on-line lottery products around the world. AGS is licensed in the Canadian provinces of Ontario, Alberta and Saskatchewan with several other licenses pending, both domestically and internationally. AGS common shares trade on The Alberta Stock Exchange under the symbol AGC. For further information, please contact: David Aftergood Phone: (403) 266-8900 President & CEO Fax: (403) 266-8909 E-mail: info@ags.ca SEC 12g exemption: 82-4832 The Alberta Stock Exchange neither approved nor disapproved the contents hereof.