WINNIPEG, Sept. 26, 2013 /CNW/ - Pollard Banknote Limited (TSX: PBL) ("Pollard Banknote") is pleased to announce it has signed a
contract with Diamond Game Enterprises ("Diamond Game") to supply
break-open tickets for Diamond Game's break-open ticket dispensers to
the Ontario Lottery and Gaming Corporation's ("OLG") Charitable Gaming
Centres. Under this agreement with Diamond Game, Pollard Banknote will
be responsible for printing the tickets as well as providing
warehousing and distribution services for a five-year initial term.
California-based Diamond Game, which designs, manufactures, and services
games and gaming systems for the public gaming and charity markets, is
supplying ticket dispensers to OLG. These dispensers scan pre-printed,
variable imaged break-open tickets and display the results on a video
screen, providing a visual and audio enhancement of the traditional
break-open ticket.
"While Pollard Banknote has been manufacturing break-open tickets for
years, our partnership with Diamond Game takes the product to a new and
dynamic level," said Doug Pollard, Co-Chief Executive Officer of
Pollard Banknote. "These dispensers, together with Pollard Banknote's
unique product, will offer Charitable Gaming Centres an exciting twist
on paper-only break-open tickets."
"Our break-open ticket dispensers will assist OLG in its efforts to
revitalize the charitable gaming market in the province," stated
President and Chief Executive Officer of Diamond Game, Jim Breslo.
"This product—a modernized gaming alternative that enhances players'
entertainment level—will help attract a broader gaming audience. We
trust Pollard Banknote's technical capability and manufacturing
capacity to supply tickets that meet the requirements for a successful
and long-term product offering."
To date, OLG, the first Canadian lottery to purchase the break-open
ticket dispensers, has placed 400 dispensers in 14 Charitable Gaming
Centres. Over the next two to three years, Diamond Game and OLG
anticipate the placement of dispensers in additional Charitable Gaming
Centres across the province of Ontario.
About Pollard Banknote Limited
Pollard Banknote Limited is one of the world's leading full-service
lottery vendors and is a major supplier to North America's charitable
gaming industry. The company manufactures instant lottery tickets and
provides related programming, design, and marketing support. As well,
Pollard Banknote manufactures break-open tickets and bingo paper, and
supplies lottery management services (including warehousing and
distribution). Established in 1907, Pollard Banknote is owned
approximately 73.5% by the Pollard family and 26.5% by public
shareholders and currently serves more than 50 lotteries worldwide,
including some of the largest and most respected lotteries in the
United States, Canada, Europe, Asia, and Central and South America. For
more information, please visit our website at www.pollardbanknote.com.
Forward-looking Statements
Certain statements in this press release may constitute
"forward-looking" statements and information, which involve known and
unknown risks, uncertainties, and other factors that may cause actual
results, performance, or achievements to be materially different from
any future results, performance, or achievements expressed or implied
by such forward-looking statements. When used in this document, such
statements include such words as "may," "will," "expect," "believe,"
"plan," and other similar terminology. These statements reflect
management's current expectations regarding future events and operating
performance and speak only as of the date of this document. There
should not be an expectation that such information will in all
circumstances be updated, supplemented, or revised whether as a result
of new information, changing circumstances, future events, or
otherwise.
SOURCE Pollard Banknote Limited
