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eLOT and Oberthur Gaming Launch Internet Lottery Sales Initiative

eLOT and Oberthur have agreed to partner and jointly market e-commerce services to Oberthur's lottery clients around the world. Through this agreement, Oberthur's customers will have full access to eLOT's Internet tools; including Web site development services and the ability to access eLOT's ticket sales interface to securely sell lottery tickets over the Internet.

In addition to licensing its instant ticket gaming systems to Oberthur, eLOT has agreed to issue to Oberthur 1.5 million eLOT shares, and compensate Oberthur with eLOT common stock or cash for the successful introduction of any future business.

``By combining our internet technology and Oberthur's marketing expertise, we will be able to offer lotteries around the world the best Web-based sales and marketing tools and solutions,'' said eLOT's President and CEO, Edwin McGuinn. ``This partnership also positions both companies to take advantage of the opportunities that will certainly arise as new international laws and regulations are passed.''

Oberthur chose eLOT as a strategic partner because eLOT's products and services are another way Oberthur can provide their client's with a wide variety of products and services to meet their goals, including access to entertaining, interactive games designed to attract new and more affluent players.

``As a leading innovator in the industry, Oberthur is constantly seeking to form alliances with companies who we feel can help us meet and exceed our client's wants and expectations,'' said John Connelly, Vice-President of Corporate Strategic Development for Oberthur.

``We selected eLOT's platform because it is a demonstrated market leader among companies offering Web-based lottery products and services.'' Security was another deciding factor. eLOT's products and services provide the most effective security controls and tracking methods, adding to Oberthur's already impressive array of secure and quality products.

eLOT and Oberthur will feature this new partnership during private presentations at World Meet 2001, which will be held in Albuquerque, New Mexico from October 11 -15 for all members of the World Lottery Association and the North American Association of State and Provincial Lotteries. The services will be available to clients beginning in October 2001.

For more information, visit the eLottery corporate web site.

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