CHARTWELL CONTINUES TO EXPAND EUROPEAN PRESENCE

Chartwell Technology Inc. CDNX: CWH

 

C h a r t w e l l T e c h n o l o g y I n c .

Calgary, Canada June 4, 2002, Chartwell Technology Inc. (TSX-VEN: CWH) is very pleased to announce that its wholly owned subsidiary, Chartwell Games Corp., has been selected to design, construct and license an online casino for TURKBET, a wholly owned subsidiary of Wilson Sports and Racing, a well established traditional UK sports betting operator that caters to high stake punters. Turkbet operates traditional sports betting shops along with an interactive sports book site and land based casinos in Northern Cyprus.

"The Wilson Group are extremely experienced in the gaming industry and have a strong reputation for their integrity. We are confident that these characteristics will be keys to their success in the online casino business. We are very pleased to have been selected as their online gaming technology partner", stated Darold H. Parken, President and CEO of Chartwell. "Our unique business model and systems integration capabilities allows us to deliver complete custom gaming solutions which put our customers in complete control of their operations, something which was very important to the Wilson group and which we believe is the model for the future of the online gaming industry".

Chartwell has developed a unique integration module that allows a more complete linkage between the online casino and any existing operation such as an online sports book or land-based casino. This module deals with multiple points of integration including player registration, login, accounting, banking and loyalty programs.

The Wilson name has been synonymous with betting for over 25 years. Founder Mervyn Wilson built his initial chain of betting shops known as Surrey Racing. This later merged with Sports Internet, which in turn was taken over by BSKYB to form the backbone of the digital interactive betting service, offered on Sky TV in the United Kingdom.

"We carefully evaluated all of our options prior to selecting Chartwell as our casino software provider" states Mervyn Wilson, founder of Wilson Sports & Racing. "We were impressed by their versatile online gaming platform and the customized gaming systems development that Chartwell offers as our technology partner. Our aggressive growth plans necessitated a supplier with such attributes, and we look forward to a long-term relationship with them to expand our online strategy".

About Wilson Sports & Racing. Wilson Sports and Racing is a UK based sports betting operator with betting shops located in the UK that cater to high stake punters, and through its subsidiary Turkbet operates traditional sports betting shops along with an interactive sports book site and land based casinos in Northern Cyprus .

About Chartwell Technology Inc. Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet and wireless platform. 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. 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 and play our games at: www.chartwelltechnology.com

For further information, please contact:

Chartwell Technology Inc.


Darold H. Parken, President
(877) 261-6619 or (403) 261-6619
dhp@chartwelltechnology.com

David Bajwa, Investor Relations
(877) 669-4180 or (604) 669-4180
info@chartwelltechnology.com


The TSX Venture Exchange has neither approved nor disapproved the information contained herein.


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products, regulation of the online gaming industry, and other risks detailed from time to time in Chartwell's filings with the Securities & Exchange Commission. We assume no responsibility for the accuracy and completeness of these statements and are under no duty to update any of the forward-looking statements contained herein to conform these statements to actual results. This is not an offer to sell or a solicitation of an offer to purchase any securities.