ISWI, Victor Chandler Launch Betting System

WEST PATERSON, New Jersey – (PRESS RELEASE) -- Interactive Systems Worldwide Inc. (Nasdaq: ISWI) announced today that ISWI's SportXction(TM) play-by-play betting system successfully launched yesterday with Victor Chandler International, Victor Chandler's Gibraltar based operating arm on its websites http://www.victorchandler.com and http://www.vcbet.com. ISWI had previously announced in August the successful launch of its SportXction(TM) System with Victor Chandler UK Limited, the UK based operating arm of the Victor Chandler Group. The Victor Chandler Group is one of the world's leading independent betting and gaming companies with an annual turnover in excess of $1 billion.

Victor Chandler will immediately commence an extensive online marketing campaign utilizing its websites, dedicated direct marketing and promotions to introduce the SportXction(TM) System to its customers. As part of its ongoing relationship, GIG will operate the SportXction(TM) system for approximately 1,000 events per year for Victor Chandler covering all of its currently available sports of football, cricket, golf, tennis, rugby and snooker.

Joe Couglin, Product Development Director at Victor Chandler, said, "Following on the successful August launch of the SportXction(TM) System with our UK operating arm, we are excited to offer this innovative product to the remainder of our customers. We look forward to promoting this live play-by-play betting service over the coming weeks and months."

Barry Mindes, Chairman and CEO of ISWI, stated, "We are pleased to announce this extended launch with Victor Chandler. Now all customers of Victor Chandler will be able to bet live, in real-time, throughout major televised sporting events in a way that no other wagering service can match. We believe this relationship represents a significant revenue opportunity and look forward to expanding our product into additional markets, such as darts, motor and horse racing."