eLOT, Inc. Partners With Oberthur Gaming Technologies to Launch Global Internet Lottery Sales Initiative.Business Editors
NORWALK, Conn.--(BUSINESS WIRE)--Aug. 16, 2001
Oberthur Obtains Ownership Position in eLOT, Inc.
In a move that will significantly boost the company's global exposure, eLOT, Inc. (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). :ELOT), a leading provider of web-based retailing and Internet marketing See Internet advertising. services to governmental lotteries, announced today it has entered into a strategic alliance with Oberthur Gaming Technologies, a global leader in instant lottery services.
eLOT and Oberthur have agreed to partner and jointly market e-commerce services to Oberthur's lottery clients around the world. Through this agreement, Oberthur's customers will have full access to eLOT's Internet tools; including Web site development services and the ability to access eLOT's ticket sales interface to securely sell lottery tickets over the Internet.
In addition to licensing its instant ticket gaming systems to Oberthur, eLOT has agreed to issue to Oberthur 1.5 million eLOT shares, and compensate Oberthur with eLOT common stock or cash for the successful introduction of any future business.
"By combining our internet technology and Oberthur's marketing expertise, we will be able to offer lotteries around the world the best Web-based sales and marketing tools and solutions," said eLOT's 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. , Edwin McGuinn. "This partnership also positions both companies to take advantage of the opportunities that will certainly arise as new international laws and regulations are passed."
Oberthur chose eLOT as a strategic partner because eLOT's products and services are another way Oberthur can provide their client's with a wide variety of products and services to meet their goals, including access to entertaining, interactive games designed to attract new and more affluent players. "As a leading innovator in the industry, Oberthur is constantly seeking to form alliances with companies who we feel can help us meet and exceed our client's wants and expectations," said John Connelly This article is about the professional footballer. For the U.S. Representative from Kansas, see John R. Connelly.
John Michael Connelly (born July 18, 1938 in St. Helens), was an English footballer. He played as a forward. , Vice-President of Corporate Strategic Development for Oberthur. "We selected eLOT's platform because it is a demonstrated market leader among companies offering Web-based lottery products and services." Security was another deciding factor. eLOT's products and services provide the most effective security controls and tracking methods, adding to Oberthur's already impressive array of secure and quality products.
eLOT and Oberthur will feature this new partnership during private presentations at World Meet 2001, which will be held in Albuquerque, New Mexico “Albuquerque” redirects here. For other uses, see Albuquerque (disambiguation).
Albuquerque (pronounced [ˈæl.bə.kɚ.kiː], Spanish: [al.βu. from October 11 -15 for all members of the World Lottery Association and the North American North American
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see boophilusannulatus. Association of State and Provincial Lotteries. The services will be available to clients beginning in October 2001.
About eLOT. Inc.
eLOT, Inc. is committed to leading the governmental lottery industry into the e-commerce market. The Company's subsidiary, eLottery, Inc., is a leading web-based retailer of governmental lottery tickets and has developed, installed and operated systems that have processed e-commerce lottery ticket sales and transactions. It has operated Internet, Intranet, telephone, communications, accounting, banking, database and other applications and services that can facilitate the electronic sale of new and existing lottery products worldwide. eLottery is also an application service provider of Internet marketing and advertising technology for lotteries. The Company's IMARCS (Internet Marketing Analysis Research and Communications System In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. ) database marketing solution enables government lotteries to attract, register and communicate with lottery players through advanced Internet technology. eLottery's corporate web site is located at www.eLottery.com.
About Oberthur Gaming Technologies:
Oberthur Gaming Technologies is the Lottery Division of Francois-Charles Oberthur (FCO FCO n abbr (BRIT) (= Foreign and Commonwealth Office) → Min. de AA. EE
FCO n abbr (Brit) (= Foreign and Commonwealth Office) → ). FCO is a global leader in high-security printing specializing in instant lottery printing, banknotes, passports, stamps, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. and other security documents.
As one of the largest suppliers of lottery tickets in the world, Oberthur provides a full range of high quality products and services to over 100 customers in some 50 countries. It is the sole lottery ticket supplier with on-the-ground experience and facilities close to its customers and markets throughout the world with plants in Australia, Brazil, Canada, France, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. and the United States. Oberthur's corporate web site is located at www.oberthurgt.com.
For more information:
Oberthur Gaming Technologies
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