Caliente to Launch Internet Version of SportXction Product

WEST PATERSON, N.J., July 22 /PRNewswire-FirstCall/ -- Interactive Systems
Worldwide Inc. (OTC Bulletin Board: ISWI) today announced today that its
wholly-owned subsidiary, Global Interactive Gaming Limited ("GIG"), and
Hipodromo de Agua Caliente S.A. de C.V. ("Caliente"), have revised their
licensing and technical support agreements originally signed in August 2006.
In connection with these revised agreements, GIG will provide software and
services that enable Caliente to offer the Company's enhanced play-by-play
sports betting service on-line on Caliente's Internet website. It is expected
that this version will launch in time for the upcoming American football
season, and will run through the end of the calendar year.
Caliente is operating the play-by-play betting service using its own
personnel. The wagering opportunities will be offered in both English and
Spanish to the patrons. GIG will provide initial set-up support, software
customization, and will provide on-going technical assistance. These services
will be provided on a "time and materials" basis. The agreement specifies an
up-front payment to GIG, as well as monthly license fees based on a share of
the revenue derived from the enhanced play-by-play betting service.
Under these revised agreements, the SportXction(R) System will no longer
be offered in the Race & Sports Books operated by Caliente.
About Interactive Systems Worldwide, Inc.
Interactive Systems Worldwide, Inc. (OTC Bulletin Board: ISWI.OB) has
designed, developed and patented a proprietary software system, the
SportXction System, which enables play-by-play wagering during the course of
live sporting events. ISWI, through its wholly owned subsidiary Global
Interactive Gaming Ltd. (GIG), operates the SportXction(R) System in the U.K.,
in conjunction with established media and traditional wagering partners. The
system can accept wagers from the Internet, handheld wireless devices,
interactive televisions, and standalone kiosks. The system can be used for
any live broadcast event.
About Caliente
Caliente is a Mexican corporation that has been a leading player in the
Latin American Entertainment and Gaming Industry since 1916. The company's
roots are in the famous Agua Caliente Race Track immortalized in the famous
movie Seabiscuit. Presently, Caliente Group operates more than 160
establishments known as Race & Sports Books, where customers can enjoy and
wager on races held at the most important horse and greyhound racing tracks in
the world, as well as sporting events of major international relevance.
Leveraging an extensive technological and human infrastructure, Caliente
provides operation services in several countries such as: Antigua, Argentina,
Aruba, Brazil, Colombia, Curacao, Ecuador, Mexico, Panama, Paraguay, Peru, St.
Maarten, Uruguay, Venezuela, and in Europe, currently is providing services in
Austria.
Additionally, Caliente Group operates a Greyhound Track in Tijuana, Baja
California, Mexico with live racing every day of the year; as well as 20 Bingo
Halls distributed among the most important cities in Mexico.
Contacts:
Interactive Systems Worldwide, Inc.
Bernard Albanese
Chief Executive Officer
Phone: 973-256-8181

FORWARD-LOOKING STATEMENTS: The forward-looking statements contained
herein are subject to certain risks and uncertainties that could cause actual
results to differ materially from those reflected in the forward-looking
statements, including, but not limited to, whether the on-line system launch
with Caliente will take place at all; and whether the modified agreements will
generate significant revenue for ISWI. Readers are cautioned not to place
undue reliance on these forward-looking statements, which reflect management's
analysis only as of the date hereof. The Company undertakes no obligation to
publicly revise these forward-looking statements to reflect events or
circumstances that arise after the date thereof. Readers should carefully
review the risks described in other documents the Company files from time to
time with the Securities and Exchange Commission, including Annual Reports,
Quarterly Reports and Current Reports on Form 8-K.
SOURCE Interactive Systems Worldwide Inc.

Bernard Albanese, Chief Executive Officer of Interactive Systems Worldwide,
Inc., +1-973-256-8181