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BetandWin Gaming, Chartwell Sign Agreement19 March 2002CALGARY, Canada --(Press Release)--March 19, 2002-- Chartwell Technology Inc. is very pleased to announce that its wholly-owned subsidiary, Chartwell Games Corp. has been selected as the online casino software supplier to Simon Bold (Gibraltar) Ltd a wholly-owned subsidiary of Austrian based BetandWin Gaming Group (BWIN.VI). This agreement, which resulted in the development of the Triple A Casino, allows members the opportunity to access and enjoy the entertaining gaming experience provided by Chartwell's full casino suite of no download Java games and the soon to be released suit of instant play Flash games. With innovative web concepts and strong strategic partners, the BetandWin Gaming Group aims to become one of the leading international players in the online gaming industry, catering to a broad audience. With a player base of over 260,000 registered users at the end of 2001, BetandWin generated turnover of 62.3 million EUR (US$54,960,497) compared to 17.3 million EUR(US$15,262,626) from the previous year, positioning itself as one of the fastest growing online gaming operators in Europe. ``Our license agreement with BetandWin reflects our marketing focus on recognized gaming brands and our expansion within the European market,' states Darold Parken, President and CEO of Chartwell, ``We consider the European market to be a very significant contributor to both the future growth of Chartwell and the online gaming industry. The BetandWin Gaming Group is an exciting new gaming brand within this market and we are pleased to have been chosen as their technology partner.' |