May 2011 Financial News

Supreme Ventures Limited - Press Release

May 13, 2011

The following press release was issued by Supreme Ventures Limited:

SUPREME VENTURES EXTENDS TECHNOLOGY AGREEMENT WITH INTRALOT FOR GAMING LOUNGE OPERATIONS

Brian George, President & CEO of Supreme Ventures Limited (SVL) has announced a new contractual agreement with INTRALOT, which through its subsidiary INTRALOT Caribbean Ventures Limited will participate in SVL’s wholly-owned subsidiary Prime Sports (Jamaica) Limited Gaming Lounge operations. The contract, initially for 10
years, includes automatic renewal for 5-year successive periods.

Prime Sports operates the Acropolis Gaming Lounges in Barbican, Kingston; Portmore and May Pen and the Coral Cliff Gaming Lounge in Montego Bay. George said “INTRALOT will provide Video Lottery Terminals (slot machines) to upgrade the gaming floors at SVL’s lounges. The contract also includes the provision of a state-of–theart electronic monitoring system for the machines and training support for the technical staff of the gaming lounges.”

SVL’s strategic plan also includes the roll-out of slot machines in smaller betting lounges islandwide and INTRALOT’s expertise in route systems will be utilized for implementation of the project.

Mr. Nikos Nikolakopoulos, Managing Director of INTRALOT Latin America, stated: “Our investment in Jamaica was a result of the great potential we saw in the region. We have established well, our presence in the island and we are now expanding further our excellent cooperation with our partner SVL, in the slot gaming area. We are also really pleased, since this is the second iGEM system that we will implement in the Latin American region within a year, after Peru and we are confident that it will be as successful.”

Supreme Ventures already uses INTRALOT’s technology for its sports betting operations with respect to the JustBet brand. Justbet allows players to bet on international sporting events though INTRALOT’s MicroLot terminals and make their selections from an extensive sports book housed by INTRALOT.

On January 1, 2011, SVL and Intralot’s subsidiary in Jamaica seamlessly merged the sports betting operations. Supreme Ventures Sports Betting now handles all aspects of the daily operations, including field and technical support for the agents, while INTRALOT provides apart from the technology, the respective risk management
services.

SVL now conducts operations in all areas of the Gaming Industry: Lottery, Gaming (slot gaming lounges) and Bookmaking, through sports betting. The company does not offer bets on horseracing but is a major sponsor of 4 race days promoted by Caymanas Track Limited.

INTRALOT through its subsidiary INTRALOT Caribbean Ventures Limited, owns a strategic stake in SVL and is a publicly listed company in Greece. It is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, know-how of Lottery, Betting & Video Lottery operations and leading-edge technology, gives INTRALOT a competitive advantage which contributes directly to customers’ efficiency, profitability and growth. With presence in more than 50 countries, approximately 5.400 people employed and revenues of €1.1 billion for 2010, INTRALOT has established its presence in 5 continents.


Source:
The Trinidad and Tobago Stock Exchange Limited
Friday May 13, 2011