INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS
SIGNS AGREEMENT TO PROVIDE NEW GAMING SYSTEM AND TERMINALS
TO PHILIPPINE GAMING MANAGEMENT CORPORATION
CARLSBAD, CA (December 12, 2005) — INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS, INC (OTCBB:ITSI) announced today that the Company has signed a contract with Philippine Gaming Management Corporation(PGMC) for a complete on-line lottery system to replace the ILTS system installed in the Philippines in 1995:
Under the terms of the contract, ILTS will deliver a new DataTrak on-line gaming system and approximately 2,000 new Intelimark FLX terminals: In addition, ILTS will provide a number of services, including installation, training, and software support.
“ILTS is pleased to continue this long-standing relationship with PGMC,” said ILTS President and CEO Mark Michalko. “ILTS is committed to helping customers grow by providing world-class lottery solutions. The DataTrak system’s flexible open architecture will allow PGMC to take advantage of additional distribution channels in the future, and other open third-party business solutions.”
ILTS has provided on-line lottery equipment and support to PGMC since 1995. PGMC will provide and operate the system under an equipment lease agreement with the lottery operator, the Philippine Charity Sweepstakes Office.
International Lottery & Totalizator System, Inc. provides computerized wagering systems, equipment and services to lottery and racing organizations worldwide.