April 25, 2005 09:15 ET

Chartwell Teams with to Offer Cash Bingo





OTC Bulletin Board SYMBOL: BNGOF

APRIL 25, 2005 - 09:15 ET

Chartwell Teams with to Offer Cash Bingo

CALGARY, CANADA--(CCNMatthews - April 25, 2005) - Chartwell Technology
Inc. (TSX:CWH), a leading provider of gaming software systems to the
online and remote gaming industry, and, Ltd. (OTCBB:BNGOF),
operator of the Internet's pre-eminent bingo portal, are pleased to
announce that Chartwell has been selected as's official
supplier of its cash gaming system. is one of the world's largest online bingo destinations, with
a player base of over one million registered players. Through its player
acquisition strategy and unique brand identity attracts over
30,000 visitors each day, averages over 800 new player signups per day
and has served up over four billion Bingo cards to date on a play for
fun basis. Due to the recent positive regulatory movements (UK Gambling
Bill), has decided to take advantage of its brand and dominant
position in the free online bingo industry to diversify its business
model and enter the play for cash bingo market. Under the terms of the
license agreement, Chartwell will provide with its gaming
system, offering players the experience of flash based 75 and 90 ball
bingo games, complete with chat features and the opportunity to play
Chartwell's full suite of soft games which are offered as side games or
intermission entertainment.

"We are delighted to have been selected as the software provider to one
of the world's largest online bingo companies", states Darold Parken,
President and CEO of Chartwell. "Community based gaming has become one
of the fastest growing segments of the gaming industry and the launch of's play for cash offering gives Chartwell a strong industry
partner and represents a significant step towards positioning the
Company as the leading bingo software provider to this exciting gaming
market segment."

"We are excited to be working with the Chartwell team", comments Tarrnie
Williams, CEO of "Collaborating with Chartwell will ensure a
smooth transition into the cash bingo business and position us to take
advantage of our strong market position. Chartwell was our preferred
supplier for the cash bingo gaming system because of their reputation in
the industry, their adherence to auditable gaming systems and their
commitment to quality software development."

While still in its infancy, online bingo has already attracted more than
five million players with a demographic profile that differs
significantly from that of online casino and poker players. This
suggests that bingo will make a significant contribution to the growth
of the online gaming industry, expected to generate revenue exceeding
$18 billion by 2010, according to Christiansen Capital Advisors. The
growth of online gaming as a whole has the opportunity to significantly
exceed published forecasts. Regulation in the United Kingdom and other
nations adopting similar online gaming policies are expected to
facilitate this growth.

About operates the popular web portal, offering free
games including multiplayer bingo, video poker, sweepstakes, slot
machines, and more. With over 1,200,000 registered users and more than
800 new users everyday, is one of the most recognized and
most visited Bingo entertainment destinations on the web.

About Chartwell

Chartwell Technology Inc. specializes in the development of leading-edge
gaming applications and entertainment content for the Internet and
wireless platforms and other remote access devices. Chartwell's Java and
Flash based software products and games are designed for deployment in
gaming, entertainment, advertising and promotional applications.
Chartwell does not participate in the online gaming business of its
clients. Chartwell's team of highly trained professionals is committed
to delivering the highest quality software and maintaining its leading
edge through continuous development and unparalleled customer support.

Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: The statements contained herein which are not historical fact
are forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially from
those expressed in the forward-looking statements, including, but not
limited to, certain delays in testing and evaluation of products,
regulation of the online gaming industry, and other risks detailed from
time to time in Chartwell's filings with the Securities & Exchange
Commission. We assume no responsibility for the accuracy and
completeness of these statements to actual results. This is not an offer
to sell or a solicitation of an offer to purchase any securities.


Contact Information

    Chartwell Games Corp.
    Lee Richardson
    Chief Executive
    +44 20 8610 6671
    Chartwell Technology Inc.
    David Bajwa
    Investor Relations
    (877) 669-4180 or (604) 669-4180
    or, Ltd.
    Tarrnie Williams
    +44 20 7588 0513
    or, Ltd.
    Henry Bromley
    (604) 694-0300
    The Toronto Stock Exchange does not accept responsibility for the
    adequacy or accuracy of this press release.