August 15, 2006 09:00 ET

Cashcade Selects Chartwell

CALGARY, ALBERTA--(CCNMatthews - Aug. 15, 2006) - Chartwell Technology Inc. (TSX:CWH), a leading provider of gaming software systems to the online and remote gaming industry announces Cashcade Ltd. as the latest client to have selected Chartwell's flash-based gaming software system with the launch of

Licensed in Alderney, which is known to be one of the most highly regulated jurisdictions worldwide, UK based Cashcade Ltd. has built a solid reputation of trust and integrity and has leveraged these attributes through distinct channels of growth:

- through its branded solutions strategy Cashcade operates online entertainment for some of the most widely known brands including Independent News and Media, Trinity Mirror, and the Ritz Club.

- geographic growth through expansion into markets including France, Turkey and Poland - Cashcade offers fully translated service in any language in the world.

- Cashcade's own casino brand, now represents the fastest growth area of Cashcade Ltd.

By successfully combining its marketing and operating expertise, accessibility through every language and Chartwell's leading edge flash-based in-browser casino and soft-game offering, Cashcade looks to further expand its current player base of over 300,000.

"We have worked with Chartwell before when we managed Victor Chandler's casino business and we know how good they are in the software business", comments Patrick Southon, Managing Director of Cashcade, "The key for us as a managed service business is the ability to offer a flexible, tailored service to all our clients and are sure in this respect we will not be disappointed."

"The Cashcade group have proven themselves to be a first-rate gaming service company and we are very pleased to be associated with them", states Darold H. Parken, President and CEO of Chartwell, "We enjoyed working with the Cashcade people in the past and look forward to working with them again in the growth of their own unique gaming brands."

About Cashcade

Cashcade specializes in managed service online gaming to over 50 clients including Independent News and Media, EMAP, Trinity Mirror, Arena Leisure and The London Ritz Club. The Cashcade trade advantage is helping media and online partners maximize revenues from their databases and media brands.

About Chartwell

Chartwell 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.

Chartwell invites you to preview our company and gaming applications at

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