Chartwell Signs Exclusive Biometrics Agreement With Inroad Solutions.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--Oct. 5, 2001 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. (CDNX CDNX See Canadian Venture Exchange (CDNX). : CWH CWH Coastal Western Hemlock (botany) CWH Cup With Handle (stock market watchlist) CWH Computer World Hosting CWH Complementary Walsh-Hadamard (coding scheme) .V) announced today that it has signed an agreement with Inroad in·road n. 1. A hostile invasion; a raid. 2. An advance, especially at another's expense; an encroachment. Often used in the plural: Foreign products have made inroads into the American economy. Solutions Inc. to rebrand rebrand Verb to change or update the image of (an organization or product) and exclusively market Inroad's biometric user identification and authorization technology, the Aegis Secure Login. Chartwell will exclusively license this technology within the online gaming See gaming. and games playing industries. The agreement allows Chartwell to rebrand and integrate Inroad's unique biometric authentication application into its current gaming software applications. The Chartwell rebranded user identification technology will also be available to the entire gaming industry as a stand alone product. Currently known as Aegis Secure Login, the application monitors and records a person's keystroke key·stroke n. A stroke of a key, as on a word processor. key  stroke patterns during the login process. The technology extracts a unique
biometric pattern from the keystrokes as a means of uniquely identifying
individuals over the Internet. Unlike other biometric-based solutions,
this keystroke technology does not require any specialized hardware."This unique biometric identification solution is a perfect complement to the Responsible Gaming functionality which Chartwell has developed over the past year", stated Darold H. Parken, President of Chartwell, "Chartwell's commitment to enabling the gaming industry to protect consumers having regard to commercial and technological practicability, is reflected in this exclusive licensing arrangement". Biometrics are the foundation of identification solutions for the gaming industry and this unique keystroke method represents a solution which does not require any consumer hardware and which is not so intrusive as to limit consumer acceptance. "Our biometric login technology was the first installment in our series of security applications that will provide additional layers of security over network environments including the Internet and Intranets", stated Anthony Bassett, Product Development Director of Inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ . "The login technology seamlessly integrates into authentication systems, and can eliminate the risk of unauthorized access to sensitive data even if the impostor has gained access to a valid username and password". "We are immensely gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to solidify a relationship with an industry leader like Chartwell who has consistently demonstrated its commitment to fair and responsible gaming principles," Bassett added. "We view this agreement as a big step forward towards getting the identification technology into the marketplace to help address the concerns over responsible gaming, and issues regarding underage gaming". About Inroad Solutions Inroad Solutions (www.inroad.ca) is a software development company focused on providing Web-based biometric security products, as well as e-learning software and services. Inroad's keystroke technology is currently available for OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and or reseller licenses in all markets. Inroad is currently working with several top network and security companies to bring the biometric software to its customers around the world. About Chartwell Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet. 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. 700, 407 2nd Street SW Calgary, Alberta, Canada David Bajwa, Investor Relations (877) 669-4180 or (604) 669-4180 info@chartwelltechnology.com Inroad Solutions Inc. 127-116 Research Drive Saskatoon, Saskatchewan, Canada A.J. Bassett 306.931.4556 abassett@inroad.net The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved nor disapproved the information contained herein. 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. |
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