Chartwell to Offer Novomatic Games Online
CALGARY, CANADA--(Marketwire - Sept. 10, 2009) - Chartwell Technology Inc. ("Chartwell") (TSX:CWH), a leading provider of gaming software systems to the online gaming industry announces its agreement with Astra Games Limited (AGL), a member of the Novomatic Group of Companies, providing for Chartwell's online deployment of many of Europe's most popular land-based slot games.
Under the terms of the agreement, Chartwell will offer the complete catalogue of Novomatic games from AGL, online. The two-year deal will significantly strengthen both companies' positions in the marketplace. AGL will gain a whole new demographic of players from Chartwell's broad list of clients, and Chartwell will have immediate access to 19 proven slot games including popular European game titles such as Dolphin's Pearl, and Book of Ra. Each title is a proven success in land-based gaming outlets throughout regulated gaming jurisdictions. The 19 Novomatic titles will include a broad feature set designed to appeal to players throughout Europe. The balance of Novomatic's extensive library of games will follow.
As a global gaming industry icon, Novomatic has built a trusted reputation in leisure entertainment through a strict adherence to regulation where it operates, or participates in over 800 casino, electronic casino, and sports-betting outlets.
This relationship reflects Chartwell's commitment to provide its customers with the widest range of gaming options possible and is a perfect compliment to the new Chartwell Games Platform, a state-of-the-art platform comprising software, hardware, IT management and extremely flexible games and gaming systems integration capabilities.
Astra Games Limited Managing Director Zane Mersich noted: "We are delighted to have concluded this agreement with Chartwell and see the combination of their undoubted experience as an operator of the highest calibre as ideally complementing Novomatic's proven reputation for game excellence and progressive innovation. Bringing the game appeal of internationally renowned Novomatic products such as Dolphin's Pearl and Book of Ra to Chartwell's already impressive game portfolio is a recipe for success on which both our companies can and will build on in the coming months."
"Working with Novomatic provides an exciting opportunity for both companies", comments David Acorn, COO of Chartwell "Providing our customers with immediate access to a large offering of proven gaming content will provide a real benefit to their players." Mr Acorn adds, "The integration of AGL's 19 slot games with Chartwell's current catalogue of over 75 proprietary table, card and slot games will be done through the Chartwell Games Platform, a major addition to Chartwell's full service offering which allows for the integration of games from third-party manufacturers like AGL in a quick and seamless fashion."
About Novomatic Group of Companies
NOVOMATIC Group of Companies is one of the largest international integrated gaming groups, ranked as number one in Europe, and employs more than 14,000 staff worldwide (2,500 in Austria). Founded by the entrepreneur Prof. Johann F. Graf the group has locations in 22 countries, produced more than 100,000 gaming machines in 2008 and exports its high-tech gaming equipment to 62 countries. The group also comprises Admiral Sportwetten GmbH, Austria's leading sportsbetting operator with more than 180 outlets, and operates a total of 105,000 gaming machines in the group's 800 plus owned electronic casinos and casinos as well as via rental concepts.
About Chartwell
Chartwell specializes in the development of leading-edge gaming systems and content for the regulated online gaming industry. Chartwell is certified or licensed in all of the leading regulated gaming markets and provides its full service capabilities in all regulated markets. Chartwell does not participate in the online gaming business for its own account. 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.
Further information on product and corporate development is available at www.chartwelltechnology.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein may constitute forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. We believe that the expectations reflected in the forward-looking statements are reasonable based upon management's current views but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. No assurance can be given that actual results, performance or achievement expressed in, or implied by these forward-looking statements will occur, or if they do, that any benefits may be derived from them. Past results and information provided by third party sources considered to be accurate have been applied in drawing a conclusion or making a forecast or assumption set out in the forward-looking information.
Our actual results could differ materially from those anticipated in these forward-looking statements as a result of factors that may include, but are not limited to: the continuing financial market uncertainty, the impact of government regulation and laws affecting international operations, the impact of price competition, loss of business or credit risks associated with current and prospective major customers, general industry and market conditions and growth rates, currency rate fluctuations, the impact of consolidations in the online gaming industry, delays in software development or deployment and other risks detailed from time to time in Chartwell's Annual Information Form and Management's Discussion and Analysis, both of which may be found at www.sedar.com.
