Cyberview Technology Signs Major Technology Partnerships for Italy.LONDON -- Cyberview Technology, a U.S. company listed on the AIM market in London as Cyberscan Technology, Inc. (LSE LSE - Language Sensitive Editor :CYBS CYBS CyberSource (NASDAQ symbol) ) and a leading provider of downloadable server-based systems to the gaming industry worldwide, today announced that it has entered into agreements to provide its central server-based platform to two major Italian gaming operators, Atlantis World and HBG HBG Harrisburg (Pennsylvania) HBG Helsingborg (Sweden) HBG Hollandsche Beton Groep HBG Home Buyers Guide (magazine) HBG Honolulu Botanical Gardens Connex. Atlantis World and HBG Connex are two of the ten concessionaires licensed in Italy to operate Comma6 gaming machines. Together they operate more than 65,000 Comma6 (similar to AWP AWP Awaiting Parts (military equipment status) AWP Average Wholesale Price AWP Annual Work Plan AWP Associated Writing Programs AWP Amusement with Prizes AWP Any Willing Provider AWP Aerial Work Platform ) machines in Italy on their respective networks, accounting for more than 35 percent of the current market. Italy is considered the largest licensed gaming market in Europe with approximately 170,000 Comma6 machines currently operating. Under the agreement, Cyberview will provide its central server-based Monitoring and Control System (MCS) which will enable Atlantis World and HBG Connex to control their network of terminals in a highly secure environment as well as enhance their reporting capabilities. In addition, the companies also have agreed to work exclusively together on the provision of the VLT VLT Valletta (postal locality, Malta) VLT Very Large Telescope VLT Video Lottery Terminal VLT Vermont Land Trust VLT Visible Light Transmittance VLT Variable List Table VLT Very Long-Term platform for Italy, subject to the passage of gaming legislation anticipated in Italy permitting the operation of VLTs. Jean-Marie Gatto, Chief Executive Officer of the Cyberview Technology group of companies, commented: "This is a fantastic opportunity for Cyberview to work with two of the most prestigious operators in Italy. Cyberview's platform now will enable our partners to increase the security and control of their network of machines for Comma6. Additionally, this also will provide them the technology to maintain their position as market leaders when the approval of new VLT rules come into effect." About ATLANTIS WORLD and HBG CONNEX Atlantis World Group of Companies N.V. ("Atlantis World") is headquartered in Rome, Italy. AWG (American Wiring Gauge) A U.S. measurement standard of the diameter of non-ferrous wire, which includes copper and aluminum. In general, the thicker the wire, the greater the current-carrying capacity and the longer the distance it can span. obtained a concession from the Italian Government in July 2004 to manage and monitor the large gaming machine industry operated by individual operators in hotels, bars, clubs, department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , restaurants and game rooms. AWG Italy now manages over 51,000 machines throughout Italy and is by far the largest concession holder of ten companies selected by government. Taxes collected by AWG Italy from registered operators and forwarded to the government represent more than 400 million Euro annually. Similar to Atlantis World, HBG Connex also is based in Rome and holds one of the ten concessions issued by the Italian government and manages approximately 15,000 machines. 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 (IVTs) to lotteries; and Class III-type gaming terminals to the casino industry. Its newest product is its International Betting Exchange (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) 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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