INTRALOT has been awarded a new contract with Pacific On-Line which operates games in Southern Philippines on behalf of the state gaming organization Philippines Charity Sweepstake Office (PCSO). The contract is for 7 years and is estimated to generate total revenues of approximately Euro09 10 million. The project includes the procurement, installation and support of an advanced, integrated network which will be comprised of up to 900 CORONIS SL terminals, the core operating system, "LOTOS O/S", and the necessary satellite telecommunications infrastructure. When complete, the system will provide retailers with a flawless solution that will ultimately increase sales of all 6 PSCO's games. The implementation of the project will begin within 2006.
INTRALOT's activities in Philippines have begun in 2004 with the signing of a 10 years contract with PCSO, regarding the implementation of an exclusive online system for the organization of the popular game KINO. INTRALOT S.A. CEO, Mr. Constantinos Antonopoulos said: "With this new contract INTRALOT strengthens its position in the rapidly growing market of the Philippines.
INTRALOT's activities in the South Philippines are very important for one more reason: this area sets the base for our further penetration of the Northern Philippine market that is a key reference point of the broader S.E. Asian region, which is the largest market in the world". Pacific Online Chairman, Mr. Willy Ocier added: "We are very pleased with our partnership with INTRALOT, and we look forward to continue delivering quality service to the Philippine Charity Sweepstakes Office in their efforts to generate revenues for the government's charity projects".