April 23, 2010 (CAP PR Wire) — Chartwell Technology Inc. (TSX: CWH) (“Chartwell” or the “Company”) (TSX: CWH), a leading provider of games, gaming systems and platforms for the regulated online casino gaming industry announces the deployment of its flash-based, online casino platform to Casinos Austria International (“CAI”), extending its client list to now include one of the world’s leading casino and gaming entertainment groups.
The Vienna based casino, gaming and entertainment company currently operates 38 land-based casinos in 16 countries, 8 shipboard casinos, 15 slot parlors and a range of lottery products in Argentina. CAI posted aggregate revenues of 860 million euro for 2009.
“Over the past 18 months we have refocused our efforts on delivering the most exciting online casino gaming platform”, commented Dave Acorn, COO of Chartwell. “Confirmation of the success of our strategy is clearly evident by the selection of our gaming platform by this pre-eminent casino operator”.
“The vast structure of the CAI operations presented numerous technological challenges”, adds
Dave Acorn. “By overcoming these obstacles we have enhanced the ability to provide our flash-based online casino platform to geographically diverse casino operators”.
Chartwell’s gaming platform provides a full suite of the most advanced flash-based gaming content developed around an open architecture, designed to provide the efficiency and flexibility demanded by today’s leading gaming brands. Licensed by the Gaming Commission (UK), Chartwell licensees are assured of using the online casino platform approved by one of the strictest regulated gaming markets in the world.
“Tapping into the world of online gaming is an important as well as a natural step for CAI as we continue to diversify, integrating new innovative products into our portfolio”, says Casinos Austria International CEO Paul Herzfeld. “We are delighted to have Chartwell Technology as our trusted technology partner in this new venture and look forward to the launch of the customized casino platform as we further develop our activities as a trusted provider in regulated online gaming markets.”
About Casinos Austria International
Founded in 1977, CAI offers a unique portfolio of casino, gaming and entertainment consulting, development, management and investment services and currently operates 38 land based casinos in 16 countries and 8 shipboard casinos as well as 15 slot parlors and a range of lottery products in Argentina.
Chartwell specialises in the development of leading-edge games, gaming systems and platform for the regulated online casino gaming industry. Chartwell is certified or licensed to offer a range of services in all of the leading regulated online gaming markets. Chartwell is not a gaming operator; their clients own their brands and databases entirely and exclusively. Chartwell’s team of highly trained professionals is committed to delivering the highest quality software and maintaining its market edge through continuous development and unparalleled customer support.
Further information on product and corporate development is available at www.chartwelltechnology.com.
SOURCE: Chartwell Technology Inc.
For further information, please contact:
David Acorn, Chief Operating Officer
(877) 261-6619 or (403) 261-6619
David Bajwa, Investor Relations
(877) 669-4180 or (604) 669-4180
The TSX does not accept responsibility for the adequacy or accuracy of this release.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein may constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. 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. These statements speak only as of the date hereof. 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 projection set out in the forward-looking information.