CHARTWELL TECHNOLOGY INC.
TSX : CWH

CHARTWELL TECHNOLOGY INC.

July 08, 2010 09:02 ET

Globet Selects Chartwell to Power the Globet Online Casino

Chartwell Secures Another Top Tier Operator

CALGARY, ALBERTA--(Marketwire - July 8, 2010) - Chartwell Technology Inc. (TSX:CWH) ("Chartwell"), a leading provider of games, gaming systems and platform for the regulated online casino gaming industry is pleased to announce today that Globet International Sports Betting Limited ("Globet") is the latest client to select the Chartwell Games Platform ("CGP") to power its online casino.

Globet was founded in 1995 and is one of the oldest internet betting companies in the UK. It focuses its business activity in Central Europe and in the South of Europe. Globet is an established brand with a client base of over 500,000 customers worldwide and it offers a variety of betting services including casino and games using third party platforms. Globet is currently transitioning its gaming business from Gibraltar to the UK. It will start operations under their UK license in order to facilitate better product management and to increase marketing activities.

"Globet is an excellent addition to our client roster," states Dan Phillips CEO of Chartwell Games (International) Ltd. "Not only are they an established and respected brand with large geographical reach in our core market, but they are returning to us having been a valued client that we supported from 2003 to 2006." Mr. Phillips adds, "It gives us a great boost of confidence when an old customer decides to return, it validates our commitment to our Games Platform and Globet is the second Tier 1 operator to sign with us in the last 5 weeks."

Mr. Enrico Salvatori, Managing Director of Globet states, "The decision to implement the Chartwell casino comes from the fact that the Management group considers this one of the best products in the market and one that suits Globet's business model moving forward."

About Globet

Globet International Sports Betting Limited was established in 1995 and is a top European bookmaker based in London. With a predominantly European client base of over 500,000 punters , Globet services these customers with a staff of 50.

Globet is a member of IBAS (Independent Betting Arbitration Service) and the RGA (Remote Gambling Association) and is regulated by the UK Gambling Commission and Gibraltar Regulatory Authority.

About Chartwell

Chartwell specialises in the development of leading-edge games, gaming systems and platform for the regulated online casino gaming industry. Chartwell is certified or licensed to offer a range of services in all of the leading regulated online gaming markets. Chartwell is not a gaming operator; their clients own their own brands and databases entirely and exclusively. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its market edge through continuous development and unparalleled customer support.

Further information on product and corporate development is available at:
www.chartwelltechnology.com

SOURCE: Chartwell Technology Inc.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein may constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. We believe that the expectations reflected in the forward-looking statements are reasonable based upon management's current views but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date hereof. No assurance can be given that actual results, performance or achievement expressed in, or implied by these forward-looking statements will occur, or if they do, that any benefits may be derived from them.

Our actual results could differ materially from those anticipated in these forward-looking statements as a result of factors that may include, but are not limited to: actual implementation or delays in the implementation of our products by our customers, delays in development, the impact of government regulation, licensing and laws affecting international operations, the impact of price competition, loss of business or credit risks associated with current and prospective major customers, general industry and market conditions and growth rates, currency rate fluctuations, the impact of consolidations in the online gaming industry and other risks detailed from time to time in Chartwell's Annual Information Form and Management's Discussion and Analysis, both of which may be found at www.sedar.com.

The TSX does not accept responsibility for the adequacy or accuracy of this release.

Contact Information