PRESS RELEASE: Pacific Lottery Corp.: Pacific Lottery Corporation successfully completes delivery and installation of its next generation computerized On-line Lottery Technology in Vietnam.
Pacific Lottery Corp. / Miscellaneous/Product Launch 31.07.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- Pacific Lottery Corporation successfully completes delivery and installation of its next generation computerized On-line Lottery Technology in Vietnam. (Calgary, Canada), Pacific Lottery Corporation (the 'Corporation') is pleased to announce the successful completion of the inaugural phase of the installation of its proprietary National On-line Lottery Central System, with accompanying new PLC Gold On-Line Lottery Terminals (the 'Lottery Terminals') to Vietnamese State authorised lottery retailers, in accordance with its recently signed exclusive ten (10) year On-line Lottery technology supply and services contract. This significant milestone marks Pacific Lottery's ascension into a very unique, exclusive global club of On-line Lottery technology supply companies that own and control their technology and also have an accompanying exclusive On-line Lottery supply and services contract with a National Government agency. Additionally, the Corporation is continuing its ongoing training of State authorised retailers in conjunction with promotional programs, marketing and other advertising related activities. These activities are locally disseminating information about Vietnam's new On-line Lottery, which will offer to the general Vietnamese public several different customised daily and weekly numbers games along with some standard Lotto games. Further, these marketing and promotional activities are increasing in scope and frequency in anticipation of the official launch, which is expected shortly. Finally, continuous expansion of the On-line Lottery retailer network (incorporating Vietnam's only authorised On-line lottery program) is expected to continue on the pre-agreed and mutually established schedule. About Pacific Lottery Corporation: Pacific Lottery Corporation is engaged in the provision of comprehensive computerized On-line lottery technology and related professional services for delivery to a growing audience of international customers. Today, the Corporation exclusively leads the technical support activities for the only authorised On-Line lottery program in Vietnam. For further information, please visit our website at: www.pacificlottery.ca Or contact: Jill L.E. Johnson Phone: (403) 266-8900 480, 2710 17th Avenue S.E. Fax: (403) 266-8909 Calgary, Alberta T2A 0P6 E-mail: info@pacificlottery.ca SEC 12g exemption 82-4832 The TSX- Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this news release. This release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which could cause actual results, performance or achievements of the Company, or industry results to differ materially from those reflected in the forward-looking statements. Forward-looking statements are based on the current expectations, projections and opinions of the Company's management, and the Company undertakes no obligation to publicly release the results of any revisions to such forward-looking statements which may be made, for example to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 31.07.2008 Financial News transmitted by DGAP =--------------------------------------------------------------------------
(END) Dow Jones Newswires
July 31, 2008 02:55 ET (06:55 GMT)
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