SUPREME ODDS SELECTS CHARTWELL TECHNOLOGY
Chartwell Technology Inc. TSX-VEN: CWH
Calgary, Canada, May 20, Chartwell Technology Inc. (TSX-VEN: CWH) a leading
developer of online gaming systems announces it has completed an agreement,
through its wholly owned subsidiary Chartwell Games Corp. to design, develop
and supply Supreme Odds Ltd. with its leading edge non-download flash based
online gaming system.
Supreme Odds Ltd., a division of Leisure Spread Limited, is an Irish registered
telephone and Internet gaming company established in March of 2000. With offices
in Dublin, and the United Kingdom, Supreme Odds has quickly established itself
as a major participant in the Irish sports betting community with a reputation
for accepting higher than average bets at extremely favorable odds. To date
the company has focused on its core market in Ireland and the UK with aggressive
plans to go after new strategic markets.
"The unprecedented growth of the online gaming sector and the gaming friendly
attitude of Europe has made the region a primary focus for Chartwell",
states Darcy Krogh, Vice President of Business Development. "The addition
of Supreme Odds Ltd., www.supremeoddscasino.com, to our European customer base
is a welcome expansion of Chartwell's software in a new market and we are proud
to be associated with their highly regarded gaming brand"
"Our decision to extend our online product range to include a casino was
based partially on client feedback but also on the quality of the Chartwell
platform" says Conor Foley, Managing Director, Supreme Odds. "Having
evaluated a number of online casino providers we concluded that Chartwell was
'head and shoulders' above the rest in terms of functionality, security and
reliability. It will fit in very nicely with our recently upgraded sports book
website and as Ireland's first online casino we are very optimistic for its
prospects."
About Chartwell
Chartwell Technology Inc. specializes in the development of leading edge gaming
applications and entertainment content for the Internet, mobile phone, interactive
TV and kiosk platforms. 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:
dhp@chartwelltechnology.com
David Bajwa, Investor Relations
(877) 669-4180 or (604) 669-4180
info@chartwelltechnology.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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.