Press Release

INTRALOT: NEW SUBSIDIARY IN TURKEY
16/09/2003

Athens, Greece – September 16th, 2003

 

INTRALOT has announced the establishment of Libero SA, a new subsidiary in Turkey. Libero SA is a joint company of INTRALOT and Turkcell group, the leading mobile operator of Turkey.

 

The new company’s main activity is to provide sports betting services via alternative channels: mobile phones, call centres, digital TV and the Internet. For this purpose INTRALOT, in co-operation with local companies, will develop a system, which will support these services and will be adapted on “Sportoto’s”, (the National Football Prognostics Organisation of Turkey), ’ LOTOS platform. Libero SA is allowed to provide its services by using Turkcell’s network, which has a 70% market share.

 

Mr Constantinos Antonopoulos, CEO of INTRALOT, stated: “Our company’s responsibility is to bring innovation technology and services to its customers. Having Turkcell as our partner, a mobile operator with 17 million subscribers, and by joining forces with local companies, we will provide the first integrated system that supports gaming via alternative channels in Europe.”

 

The new company will start operations within 2003 and will have 2 phases. At the first phase, the services launched will be provided through WAP over GPRS and through Web portal (Internet). At the second phase, Interactive Voice Recognition system and iDTV (digital TV) services will be launched. The company, apart from the sports betting services, will also be able to provide interactive services for lottery games, as well as Banking services.

 

It’s worth mentioning that Inteltek, INTRALOT’s and Turkcell’s joint company undertook, following an international tender, a 5-year agreement for the upgrade of the on-line computer system of ‘Sportoto’, the National Football Prognostics Organisation of Turkey. The agreement has a renewal option and covers the gradual installation of up to 6.000 terminals and the introduction of 8 games.

 

 

ABOUT INTRALOT

 

INTRALOT is engaged in the development of integrated gaming systems and provides multiple services related to the design, development, operation and support of games. Based on its extensive know how, advanced product development specifications and substantial experience in organizing and operating lottery games, INTRALOT can offer its clients custom-made integrated solutions, which ensure maximum efficiency and absolute security. Following a highly successful period of rapid growth, INTRALOT is ranked 3rd in revenues and 2nd in profits, based on 2002 financial results, among lottery suppliers worldwide, and maintains a steady course towards the leading position in the global market. Today the company has secured an important position in the European and South American markets while is expanding its presence in North America and S.E. Asia.