Chartwell Deploys Gaming System With Opera Telecom in Europe.Business Editors/High-Tech Writers CALGARY, Alberta--(BUSINESS WIRE)--Nov. 6, 2003 Chartwell Technology Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CWH CWH Coastal Western Hemlock (botany) CWH Cup With Handle (stock market watchlist) CWH Computer World Hosting CWH Complementary Walsh-Hadamard (coding scheme) ), a leading provider of gaming software systems and entertainment content to the online and mobile gaming industry, is pleased to announce that it has added Opera Telecom to its growing list of European-based clients. Under the terms of the agreement, Chartwell will provide its complete suite of online games, including its recently launched mobile suite of games. Located in the United Kingdom Opera, Telecom provides services to some of the world's leading portals, national broadcasters, national and regional publishers, international carriers, network operators and hundreds of independent telecommunications companies, including British Telecom and Orange. Gary Corbett, Managing Director of Opera Telecom, says, "The launch of our gambling and gaming brand, GamRock, provides us with a new dedicated platform to showcase and distribute the very latest gaming and gambling applications to consumers. Our partnership with Chartwell Technology supports our objective to source platforms from best-in-class providers with strong track records in the industry." "Opera has rolled out their new online casino under the GamRock brand as the first segment in their multi-channel gaming strategy," states Darcy Krogh, Vice President of Business Development at Chartwell. "This will soon be followed by the first commercial implementation of Chartwell's mobile game suite for Java-enabled handsets." "The ability to provide mobile gaming support for our licensees is a key part of Chartwell's multi-platform gaming strategy," adds Mr. Krogh. "This gives Chartwell the capability to capitalize on this exciting technology and provides our customers additional market access by attracting a new audience. Chartwell is also pursuing new gaming platforms such as interactive TV and networked gaming kiosks in order to maintain our technology lead in the gaming industry." A recent report by UK management consultancy Schema indicates that gambling through digital channels such as mobile gambling and ITV (1) See interactive TV. (2) (iTV) The code name for Apple's video media hub (see Apple TV). are expected to comprise approximately 26% and 33% respectively of the total online gambling industry revenues. Chartwell will be demonstrating its mobile gaming product at the European I-gaming Congress and Expo November 11 and 12 in Barcelona. Chartwell will also be exhibiting its new multi-player poker community and multi-player bingo system, as well as new casino games and powerful new back office features. About Opera Telecom Headquartered in Brindley Place, Birmingham, U.K., and with a turnover for the last financial year of Pounds Sterling 45m with Pounds Sterling 3m profit, Opera Telecom is one of the fastest-growing and profitable providers of SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. premium services worldwide. It also boasts a full range of telecom service facilities, which include International switching, IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time. bureau, Web development team, unified messaging platform, ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. and WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. infrastructure, as well as a sophisticated billing system. As part of its unique zero-cost-of-entry, revenue-share proposition, Opera Telecom is developing and managing innovative SMS marketing campaigns on behalf of its clients without them having to incur any set-up charges. Opera provides the infrastructure set-up and SMS campaign management, which allows companies to generate revenue quickly from their SMS marketing campaigns utilizing unbranded content such as competitions, quizzes, games, news and information services See Information Systems. , presented as their own. Opera Telecom also provides services direct to some of the world's leading portals, national broadcasters, national and regional publishers, international carriers, network operators and independent telecommunication companies. Customers include GMTV GMTV Good Morning Television (UK) , BT, MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). , EMAP EMAP Emergency Management Accreditation Program EMAP Electronic Materials and Packaging EMAP Electronic Mapping EMAP Environmental Mapping and Assessment Program EMAP Environmental Monitoring and Assessment Programme , Eircom and ITV. About Chartwell Technology Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet and wireless 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 our company at: www.chartwelltechnology.com and demo our games at www.playerselectcasino.com www.playerselectpoker.com www.playerselectbingo.com Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for the adequacy or accuracy of this release. |
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