INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS Signs Agreement With AKTIEBOLAGET TRAV OCH GALOPP for Supply of Terminal Hardware

Tue Oct 23, 2012 5:00am EDT

* Reuters is not responsible for the content in this press release.

  VISTA, CA, Oct 23 (Marketwire) -- 
INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS, INC. (ILTS) (OTCBB: ITSI)
announced that the Company has signed an Agreement with AKTIEBOLAGET TRAV
OCH GALOPP (ATG) for the supply of new terminal hardware and associated
services and support. The 2,300 new terminals will be deployed to ATG's
Agent network throughout Sweden. The first delivery of terminal hardware
is scheduled for the first quarter of 2013. 

    "ATG has been a loyal and appreciated customer of ours for over 30 years.
Their technical and operational competencies have proven to be highly
valuable as a long time business partner of ILTS," said ILTS President
Jeff Johnson. "We are very excited to continue our long and successful
relationship with ATG and we look forward to providing them with an
excellent terminal hardware product and services that both ATG and their
Agent population will be proud of. We are delighted with this latest
order from ATG as it demonstrates their continued confidence in our
products and services." 

    Mr. Remy Nilson, CEO of ATG, stated: "We have had a successful relation
with ILTS for many years and are now developing our close cooperation
even further when we are exchanging our agent terminals. We are looking
forward to work together for launching a successful project next year."

    International Lottery & Totalizator Systems, Inc. provides computerized
wagering systems, equipment and services to lottery and racing
organizations worldwide. ILTS can be found on the worldwide web at
http://www.ilts.com. 

    This press release includes forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. This Act
provides a "safe harbor" for forward−looking statements to
encourage companies to provide prospective information about themselves
so long as they identify these statements as forward looking and provide
meaningful cautionary statements identifying important factors that could
cause actual results to differ from the projected results. All statements
other than statements of historical fact, including statements regarding
industry prospects and future results of operations or financial
position, made in this press release are forward−looking. We use
words such as "anticipate," "believe," "expect," "future," "intend" and
similar expressions to identify forward−looking statements.
Forward−looking statements reflect management's current
expectations, plans or projections and are inherently uncertain. Our
actual results may differ significantly from management's expectations,
plans or projections. Readers are cautioned not to place undue reliance
on these forward−looking statements, which speak only as of the
date hereof. We undertake no obligation to publicly release any revisions
to these forward−looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. Readers are urged, however, to review
the factors set forth in reports that we file from time to time with the
Securities and Exchange Commission.

    

CONTACT: 
Marketing Department
International Lottery & Totalizator Systems, Inc. 
760-598-1655
mktg@ilts.com 

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