iView Systems

iView Systems

February 28, 2005 16:47 ET

iView Systems Acquired by EndX Group


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: IVIEW SYSTEMS

FEBRUARY 28, 2005 - 16:47 ET

iView Systems Acquired by EndX Group

BURLINGTON, ONTARIO--(CCNMatthews - Feb. 28, 2005) - iView Systems, a
leading provider of security and surveillance solutions for the gaming
and corporate security marketplace, today announced that it has been
acquired by EndX Group.

The product and market synergies of iView Systems and EndX within the
international gaming environment and other vertical markets, makes this
a welcome acquisition that will enable iView to grow, while expanding
its product range.

The further opportunities created by the distribution relationship with
EndX were readily apparent at this year's ICE (International Casino
Exhibition) show in London, UK, where iView's products were introduced
to the European marketplace by EndX.

"iView's product line was one of the main attractions at this year's ICE
show and the interest shown by operators in Europe has been phenomenal.
This came as no surprise to EndX, considering the world class casino
customers already using iView's products in North America, including
Foxwoods Resort Casino, Mohegan Sun, Borgata and the British Columbia
Lottery Corporation.

We have been hugely impressed with the quality of the product and the
management team behind the company. It was a natural step for EndX to
acquire iView and bring the entire product range under one ownership. We
are very excited with the global opportunities iView will bring to EndX,
not only in the gaming arena, but also other vertical markets such as
the financial and medical organisations. iView already boasts of Dow
Jones as one of its customers!", commented Nicholas Boyes-Hunter, CEO -
EndX Group.

"This acquisition will benefit all our customers, through the expanded
product offering, extended support capability and planned product
integration. This acquisition significantly increases the strength of
iView, and will enable iView to continue to develop state of the art
products using the latest technologies available that our customers have
become to expect and demand. The additional management strength EndX
will bring to iView is unquestionable following their exceptional
successes over recent years, and I look forward to working closer with
the EndX management team" said Martin Drew, president of iView Systems.

About iView

iView Systems is a provider of incident reporting software and advanced
integrated surveillance and security tools. These products are designed
to reduce associated losses by assisting in the rapid identification of
individuals involved in loss, threat creation and other specific tasks
required in today's security and surveillance environments. iView
Systems is located in Burlington, Ontario, Canada. For more information
on iView Systems, please visit www.iviewsystems.com.

About EndX

EndX is a market leader in casino management software in Europe, with
offices on 4 continents.

EndX is an international group specialising in the development of casino
management software and display systems. EndX Intelligence modules are
currently installed at over 375 casino sites on 4 continents in more
than 25 countries.

EndX software modules provide a total casino management solution, which
includes everything from customer loyalty and in-depth marketing
campaign management, through to player tracking, wheel and table
analysis. EndX also offers advanced cage software that will meet all
casinos' and regulators' demands around the world.

All of the EndX Intelligence modules have been designed to be flexible,
so that clients can pick the most relevant modules to meet their needs.
The modules produce real-time, accurate management information. Each is
fully scaleable to operate in all environments from a single-site casino
up to a large multi-site group. Any single module can be installed in
isolation and easily complimented in the future with additional modules,
as the needs of the casino change and evolve. EndX products are backed
by a 24 hour 365 days a year support package, giving clients added
reassurance and peace of mind.

EndX and Progressive Gaming International have recently launched their
latest jointly developed product, a new version of TableLink™ a
versatile table based system that enables casinos to comprehensively
track and record player activity at every table in real time. With
TableLink™, manual record keeping becomes a thing of the past; player
tracking and accounting data is updated automatically, error-free and
more concisely than ever before.

EndX MediaLink is the latest stunning new multi-media product available
from EndX. It is arguably the most advanced, adaptable and yet
affordable multi-media platform available in the market.

Further details can be found by visiting www.endxgroup.com.

TableLink is a registered trademark of Progressive Gaming International
Corporation. All rights reserved.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    iView Systems
    James Moore
    Vice President
    (1) (888) 898-9089
    jmoore@iviewsystems.com
    or
    EndX Group
    Nicholas Boyes-Hunter
    Chief Executive Officer
    (44) 161 683 3300
    nickbh@endxgroup.com