Cyberview Technology Enters Slovak Republic Gaming Market.LONDON & LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. & PRAGUE, Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. -- Cyberview Technology: --Teams with Leading Slovak Gaming Operator --Launches Its Downloadable Technology in Pilot Project Cyberview Technology, a leading provider of downloadable server-based systems to the gaming industry with offices in London, Las Vegas and Prague, today announced that it has started a pilot project for IVTs (Interactive Videolottery Terminal) in the Slovak Republic. The agreement teams the Prague-based, Cyberview Technology CZ, one of the Cyberview Technology group of companies, with Gaver, a subsidiary of Slov-Matic, the leading gaming company in the market. Headquartered in Bratislava, Slov-Matic operates a large network of gaming venues and supplies gaming machines See video game console. to other operators in the Slovak Republic. Cyberview Technology CZ is responsible for the installation and management services of the 10-year contract the company won in 2004 to supply a central lottery system and IVTs in the neighbouring Czech Republic. As part of the Slovak agreement, a six-month pilot project was begun in late July comprising of IVT IVT intravenous transfusion. player terminals provided by Cyberview CZ into six shops operated by Gaver. The shops are located in different areas across the country with the IVTs linked to secure central gaming server in the city of Bratislava. Each IVT offers players a multiple selection of games and with the Cyberview system capability for downloading, additional games are scheduled to be added to the terminals during the pilot. Cyberview Technology is providing a complete secure downloadable, central server-based system including the individual player terminals, all essential accounting, control and management applications, and a private communication network. Underscoring the security, flexibility and adaptability of the technology, modifications were made to fulfil the legal requirements for the Slovak Republic, which were tested and approved by the country's Ministry of Finance prior to installation. Juraj Krchnak, Co-Founder and Chief Executive Officer of the Slov-Matic and Gaver, commented: "We believe the Cyberview technology is a key to our future in the game market presenting us with a continuum of new games and entertainment for our players. At the same time, the Cyberview technology is providing all the necessary and vital security, accounting and monitoring control, not only for our company but also for state requirements. Looking ahead, we have already established a marketing trade mark, WIN PORT(TM) for this joint endeavour." Jean-Marie Gatto, Co-Founder and Chief Executive Officer of the Cyberview Technology group of companies, commented: "As we expand into this new market, we are pleased to benefit from working with Slov-Matic, with their strong expertise and a wide network of venues in the Slovak Republic. Together, we are planning this pilot project as the first step to a complete roll-out of our technology and its benefits into the venues they operate." About SLOV-MATIC A Slovak company located in Bratislava, Slov-Matic directly operates more than 250 gaming venues all across the country featuring more than 1,600 game machines, and 100 electronic roulette roulette (r  lĕt`), game of chance popular in gambling casinos, and in a simplified form elsewhere. In gambling houses the roulette wheel is set in an oblong table. and other game machines. In addition, Slov-Matic supplies other operators with gaming machines into 3,000 venues. About CYBERVIEW TECHNOLOGY With more than ten years experience in server-based distributed gaming, the Cyberview Technology group of companies develops, produces and implements innovative, integrated solutions for the gaming, betting and leisure industries. Currently, the company provides Fixed Odds Betting Terminals (FOBTs) to betting shops, and race and sports books; Interactive Video Lottery Terminals A Video Lottery Terminal or VLT is a gaming machine that allows gamblers to bet on the outcome of a video game. A VLT is similar to a slot machine, except that it is connected to a centralized computer system that determines the outcome of each wager using a random (IVTs) to lotteries; and Class III-type gaming terminals to the casino industry. Its newest product is its International Betting Exchange A betting exchange is a peer-to-peer gambling website acting as a broker between parties for the placement of bets. The concept is similar to that of a stock exchange or a futures exchange, where in this case the commodity being traded is a bet, rather than a stock or futures (IBS IBS Irritable bowel syndrome, see there ), a collaboration with bookmakers which offers customers in licensed premises the ability to widen their offering for players with betting on sports events. Recipient of numerous industry awards, it was the first company in the world with technical GLI GLI Glider GLI Greater Louisville Inc. (Metro Chamber of Commerce in Louisville, KY) GLI Global Imager GLI Great Lakes Invitational (college hockey tournament) GLI Great Lakes Water Quality Initiative approval for its downloadable server-based system in the U.S. Class III gaming market. The company (AIM symbol: CYBS CYBS CyberSource (NASDAQ symbol) ) commenced trading on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. in 2005. For further information, visit the company's website at www.cybview.com. |
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