APPOINTMENT OF GENERAL DIRECTORS IN INTRALOT

Athens, Greece –February 3rd, 2004

 INTRALOT announced that Mr Pantoleon, Mr Katakis and Mr Farris have been appointed as General Directors, following the reorganization of the company’s internal structure.

 “All General Directors have been serving successfully the company from management positions for many years, have broad understanding of our business and share the same values” said Mr Constantinos Antonopoulos, CEO of INTRALOT. “I am certain their experience and qualities will bring added value to the corporate governance of INTRALOT. Moreover, the new internal structure will assist us in realizing our vision.”

 John Pantoleon has been appointed as General Director of Finance and Development. Since joining INTRALOT in 1997, he has been serving the company from various positions (Project Coordinator, Financial Manager) and most recently was holding the position of the Contracts Director. He holds a Bachelors degree in Economic and Commercial studies and a M.Sc. in Financial Management & Accounting from the University of Manchester Institute of Science and Technology (U.M.I.S.T.).

 John Katakis, previously served as Deputy General Director, has been appointed as General Director of Commercial Division. Before joining the company in 1998, his working experience included highly responsible positions (project manager, general manager) in INTRACOM group. He holds Bachelors and M.Sc. in Electronic Engineering and Ph.D. in Bioengineering.

 

Costas Farris has been appointed as General Director of Systems Technical Division and most recently was the Technical Director of the company. Before joining INTRALOT in 1997, he held a variety of roles of increasing responsibility in INTRASOFT, in various software projects for big public and private sector Organizations. He has a Bachelors of Engineering in Computer Science & Informatics and a M.Sc. in Data Mining & Data Bases from the University of Manchester Institute of Science and Technology (U.M.I.S.T.).

 

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.