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Chartwell Graduates to the TSX.


News Editors/Business Editors/High-Tech Writers

CALGARY, Alberta--(BUSINESS WIRE)--April 30, 2004

Chartwell Technology Chartwell Technology is gaming software developer focused largely on the online bingo market. The company is based in Calgary, Vancouver, and is publicly traded on the Toronto Stock Exchange under the ticker symbol "CWH".  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 effective May 3rd, 2004 the company's shares will be delisted from 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.
 and move to the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
. The TSX Venture Exchange has been advised that the company's securities will be listed and commence trading on Toronto Stock Exchange at the opening on Monday, May 3rd, 2004, under the symbol CWH.

"The TSX listing represents a major milestone in our development, states Darold H. Parken, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Chartwell Technology Inc. By upgrading our listing to the largest Canadian stock exchange, Chartwell will enjoy increased visibility and greater recognition in the global financial markets, which will be a significant advantage in our efforts to enhance shareholder value. I would like to take this opportunity to thank all of our long-standing shareholders for their continued support and confidence in the Company."

About Chartwell

Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet and wireless platforms and other remote access devices. 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 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 does not accept responsibility for the adequacy or accuracy of this release.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 30, 2004
Words:421
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