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SportXction Provides Betting System for Snooker Fans

WEST PATERSON, New Jersey – (PRESS RELEASE) -- Interactive Systems Worldwide Inc. (Nasdaq: ISWI) announced today that its SportXction(TM) wagering system has been made available to snooker fans attending the Welsh Open at the Newport Centre in Wales. Supporters will be able to bet "in-running" for the first time at a competition venue using Internet terminals.

Global Interactive Gaming, ISWI's wholly-owned subsidiary, along with totesport, the official betting partner of World Snooker, will be providing several terminals to allow spectators on-site to bet while they watch the action.

Joe Scanlon, Managing Director of totesport, commented, "Totesport are delighted to be offering this exciting on-site facility which we hope that punters will enjoy. When people are watching sport they also love to have a bet and it seemed natural to allow those in the arena to do just that. The added benefit now is that they can also hedge their position as the match unfolds."

One player who anticipated this move was seven-time World Snooker Champion Steve Davis. Commenting on the move he said, "This has been the obvious next step in snooker betting and I am delighted that it has become reality. Anything that enhances the watching of live snooker can only be beneficial for the game."

Barry Mindes, Chairman and CEO of ISWI commented, "Snooker fans who attend the Welsh Open will, for the first time, be able to bet live, in real-time, while watching the games at the competition venue. This new distribution platform for the SportXction(TM) live betting product provides a significant differentiator for totesport from other operators."

SportXction(TM) is a patented, real-time, software system, which allows a player to make play-by-play wagers on a sporting event while the event is in progress. Wagering may be conducted while viewing a live or televised sporting event, or listening to it on the radio. The wagers offered are mostly oriented to short-term action, for example, is the penalty kick successful, is the next play a run or a pass, is the next pitch a ball or a strike, does the shooter make two foul shots, and many more. The wagers have odds associated with them, which relate to the probable outcome of the proposition being wagered upon, and the odds are adjusted in real time to balance the pool using proprietary artificial intelligence software to reflect player sentiment, as derived from the betting patterns. The system can be used with virtually any sport.

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