Press Release Source: CHARTWELL TECHNOLOGY INC.
Tuesday May 20, 9:02 am ET
CALGARY, ALBERTA--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
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, 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.