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

To: Ted Campbell who wrote (136)	9/9/1999 12:25:00 PM
From: Ted Campbell	Read Replies (1) \| Respond to of 160

Since there hadn't been a post since July 19th until today, here's some more news from ITSI that was announced on Aug. 12th....again for those who may have missed it: International Lottery & Totalizator Systems Signs Contract Worth US$ 4 Million CARLSBAD, Calif., Aug. 12 /PRNewswire/ -- INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS, INC. (OTC Bulletin Board: ITSI) announced today that the Company was awarded a contract by long-time customer AB Trav och Galopp (ATG) of Sweden for additional DATAMARK Flipper(R) terminals and related spares. The contract has a total value of more than US$ 4 million. Delivery of the terminals will begin in the fourth quarter of 1999. "We are proud to be awarded this contract with ATG, the delivery of which will mark 20 years as exclusive terminal supplier to one of the premier wagering organizations in Europe," said ILTS President Mark Michalko. "We have enjoyed a long working partnership with ATG, and we look forward to a continued strategic partnership as they expand the scope of their wagering operations." ATG, which has been an ILTS customer since 1980, provides totalizator service for every track in Sweden and operates an off-track betting network of more than 2,000 outlets. In addition to selling horse racing bets, the off-track agencies sell railway and event tickets through the terminal network. The new terminals will be used to expand this multi-purpose network. International Lottery & Totalizator System, Inc. provides computerized wagering systems, equipment and services to lottery and racing organizations worldwide. The statements in this press release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by forward-looking statements. These risks and uncertainties include the absence of significant contract backlog, the dependence on business from foreign customers sometimes in politically unstable regions, political and governmental decisions as to the establishment of lotteries and other wagering industries in which the Registrant's products are marketed, fluctuations in quarter-by-quarter operating results and other factors described in the Registrant's Annual Report on Form 10-K for the year ended December 31, 1998. -------------------------------------------------------------------------------- SOURCE: International Lottery & Totalizator Systems, Inc. CONTACT: Jim Snow of International Lottery & Totalizator Systems, Inc., 760-931-4027 All Headlines Additional Headlines PRN 09/08 13:32 Berjaya Group Agrees to Increase Share Ownership in ILTS PRN 08/12 15:56 International Lottery & Totalizator Systems Signs Contract Worth US$ 4 Million PRN 08/11 17:54 International Lottery & Totalizator Systems Announces Second-Quarter Results PRN 07/16 13:02 International Lottery & Totalizator Systems, Inc. (ILTS) and eLottery Finalize Agreement to Jointly Market on Net Lottery to ILTS Clients PRN 06/24 15:14 International Lottery & Totalizator Systems Announced as Low Bidder for China Welfare Lottery