Gate to Wire Solutions, Inc.
OTC Bulletin Board : GWIR

Gate to Wire Solutions, Inc.

April 23, 2009 15:08 ET

Gate To Wire Signs LOI With Signature Gaming to Provide Wagering Solutions

TORONTO, ONTARIO--(Marketwire - April 23, 2009) - Gate To Wire Solutions, Inc. (OTCBB:GWIR), ("G2W"), a pari-mutuel wagering solutions provider and advisory organization to international horseracing and gaming interests, has announced that it has entered into a Letter of Intent with Signature Gaming Management Peru, S.A.C. ("SGM") to develop a gaming interface for both Simulcast and Online Account Wagering for SGM's projects in Peru.

SGM is a private entity formed to pursue gaming opportunities in Peru. It currently has agreements with the Jockey Club of Arequipa ("JCA") to manage and operate its newly constructed Carro Colorado Racetrack in Arequipa, as well as to conduct race and sports wagering at the JCA-owned Social Club, which will also have a slot machine casino operation. G2W will provide SGM with a user-friendly, real-time online wagering experience featuring North American horse racing product, previously unavailable in the region.

In addition, G2W will provide SGM with a Wagering Interface for use at the new Carro Colorado Racetrack, the Social Club Casino and other off-track locations, specifically featuring live racing simulcast from North America.

SGM recently also entered into a separate letter of intent with InterAmerican Gaming, Inc. ("IAG"), a related party to G2W by virtue of certain common officers and directors, pursuant to which IAG plans to participate in the development of the Social Club Casino with SGM.

"There is a strong and proud history of horse racing in this region," said Ted Boyle, President of G2W today. "However, there has also always been limited infrastructure and access to international content. It is very similar to the North American market situation a decade ago, and our team participated in developing the industry into what it is today. I look forward to working with Signature Gaming to develop an optimum delivery solution for their wagering and pari-mutuel needs."

"Gate To Wire has the necessary solutions we need to advance access to horse racing and pari-mutuel wagering throughout Peru," said Michael Hlavsa, principal of SGM. "We are working on some very exciting projects, and I am confident we are working with the right people to make them happen."

Gate To Wire Solutions, Inc. is a public company trading under the symbol GWIR on the OTCBB exchange in the United States. It is a pari-mutuel wagering solutions provider and advisory organization to international horseracing and gaming interests.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of G2W could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, included in our SEC filings.

For more information, please visit

Contact Information