Global Interactive Gaming, Victor Chandler Sign Agreement

17 Jun 2004

WEST PATERSON, New Jersey – (PRESS RELEASE) -- Interactive Systems Worldwide Inc. (Nasdaq: ISWI) announced today that its wholly-owned subsidiary, Global Interactive Gaming Limited ("GIG") signed an agreement with Victor Chandler UK Limited ("Victor Chandler") the UK based operating arm of the Victor Chandler Group, one of the world's leading independent betting and gaming companies with an annual turnover in excess of $1 billion. ISWI's SportXction(TM) play-by-play sports betting system will be incorporated into Victor Chandler's UK Internet site http://www.victorchandler.co.uk with a launch scheduled later this month. The companies are continuing negotiations to expand the offering to incorporate Victor Chandler's vast international customer base through its international websites such as http://www.victorchandler.com.

In this non-exclusive agreement, which will provide GIG with a share of the wagering revenue, GIG will furnish the technology and operate the system, and Victor Chandler will be responsible for an extensive marketing campaign to promote the product, first level customer support and for processing customer financial transactions.

Barry Mindes, Chairman and CEO of ISWI, stated, "We are very pleased to announce this partnership with Victor Chandler, one of the premier betting companies in the world. We believe this agreement represents a promising revenue opportunity for both of our companies. We are excited to offer their UK customers the most comprehensive in-run betting service available to the public."

Joe Couglin, Product Development Manager at Victor Chandler, said, "We are very pleased to have concluded this agreement. The SportXction(TM) System is innovative and will provide our customers with great new opportunities to bet and we look forward to an extensive marketing campaign to support the product launch later this month."

The agreement is for an initial 12 month term and Victor Chandler will make available the SportXction(TM) system for all of the currently available sports of football, cricket, golf, tennis and rugby.

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	Global Interactive Gaming, Victor Chandler Sign Agreement 17 Jun 2004 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> WEST PATERSON, New Jersey – (PRESS RELEASE) -- Interactive Systems Worldwide Inc. (Nasdaq: ISWI) announced today that its wholly-owned subsidiary, Global Interactive Gaming Limited ("GIG") signed an agreement with Victor Chandler UK Limited ("Victor Chandler") the UK based operating arm of the Victor Chandler Group, one of the world's leading independent betting and gaming companies with an annual turnover in excess of $1 billion. ISWI's SportXction(TM) play-by-play sports betting system will be incorporated into Victor Chandler's UK Internet site http://www.victorchandler.co.uk with a launch scheduled later this month. The companies are continuing negotiations to expand the offering to incorporate Victor Chandler's vast international customer base through its international websites such as http://www.victorchandler.com. In this non-exclusive agreement, which will provide GIG with a share of the wagering revenue, GIG will furnish the technology and operate the system, and Victor Chandler will be responsible for an extensive marketing campaign to promote the product, first level customer support and for processing customer financial transactions. Barry Mindes, Chairman and CEO of ISWI, stated, "We are very pleased to announce this partnership with Victor Chandler, one of the premier betting companies in the world. We believe this agreement represents a promising revenue opportunity for both of our companies. We are excited to offer their UK customers the most comprehensive in-run betting service available to the public." Joe Couglin, Product Development Manager at Victor Chandler, said, "We are very pleased to have concluded this agreement. The SportXction(TM) System is innovative and will provide our customers with great new opportunities to bet and we look forward to an extensive marketing campaign to support the product launch later this month." The agreement is for an initial 12 month term and Victor Chandler will make available the SportXction(TM) system for all of the currently available sports of football, cricket, golf, tennis and rugby.