Chartwell Technology Inc.

[Boni]

29.06.2001

CHARTWELL TECHNOLOGY ANNOUNCES SECOND QUARTER RESULTS


Chartwell Technology Inc. CWH


Calgary, Canada June 29, 2001, Chartwell Technology Inc. (CDNX: CWH.V) a leading provider of interactive media and information systems for companies engaged in the Internet gaming industry, announces results for the three- and six- month periods ended April 30, 2001.


Revenues for the six-month period were $1,044,355, an increase of 125% over the corresponding period of the previous year. Second quarter revenues of $601,817 were a 36% increase over the preceding quarter. The majority of revenues were generated by our subsidiary company, Chartwell Games Corp. through software licensing and development fees. Second quarter expenses were $867,348 representing a decrease of 17% from the preceding quarter. The majority of these expenses related to research and development.


Chartwell posted a loss of $862,000 for the period compared with a loss of $1,034,912 in the corresponding period of the prior year. The quarterly loss of $265,531 was a 45% reduction of the loss in the preceding quarter. As in previous quarters, a significant portion of our loss for the period represents an investment in software development. Expenses related to software development are not capitalized. Working capital at the end of the period was $7,218,986.


“Our year on year and quarter on quarter revenue growth reflect the maturing of our business plan from the pure development phase to the commercial application and market development phases”, commented Darold H. Parken, President and CEO. “Although we are pleased with these numbers we remain keenly aware that near term profitability is our ultimate goal for the year”.


During the second quarter Chartwell continued its focus on product development together with an expansion of our marketing and market development efforts. During the quarter significant development advancements were made in version 3.0 of our Java Gaming software which has just been released and in our revolutionary new Flash Gaming software which will be released during the summer.


Our continued dedication to development, evidenced by our Flash and Java v3.0 Online Gaming software releases have reaffirmed our position as the leading supplier of in-browser software to the Internet gaming and entertainment industries.


Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet. Chartwell’s Java and Flash based software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications. Chartwell’s team of highly trained professionals is committed to delivering the highest quality software and maintaining its leading edge through continuous development and unparalleled customer support.


Chartwell invites you to preview and play our games at: www.chartwelltechnology.com


For further information, please contact: Chartwell Technology Inc.


Darold H. Parken, President

(877) 261-6619 or (403) 261-6619

[Boni]

13.08.2001

CHARTWELL GRADUATES TO TIER 1 ON CDNX


Chartwell Technology Inc. CWH.V


Calgary, Canada August 13, 2001, Chartwell Technology Inc. (CDNX: CWH) is pleased to announce that it has received approval from the Canadian Venture Exchange (CDNX) to move to the Tier 1 classification and has by doing so established itself as a senior issuer on the Exchange.

Chartwell Technology Inc. specializes in the development of leading edge games and entertainment content for Internet and Intranet deployment by operators of interactive websites and virtual communities. Chartwell's software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications.

Chartwell invites you to preview and play our games at: www.chartwelltechnology.com.

For further information, please contact:
Chartwell Technology Inc.

[Boni]

21.08.2001

ISLE OF CAPRI CASINOS, INC. SELECTS CHARTWELL TECHNOLOGY

Chartwell Technology Inc. CWH.V



Calgary, Canada August 21, 2001, Chartwell Technology Inc. (CDNX: CWH) is very pleased to announce that it has been selected as the online games supplier of Isle of Capri Casinos, Inc. ( Nasdaq: ISLE ) Isle of Capri Casinos, Inc. owns and operates 14 riverboat, dockside and land-based casinos at 13 locations and is the 7th largest publicly traded gaming company in the United States.



Chartwell has been selected to develop the Isle of Capri "Play for Fun" virtual casino (www.isleofcapricasino.com) as part of their corporate web presence and overall Internet strategy. The Isle of Capri customer loyalty program is built around its iGold program. Chartwell's suite of games will be available to all current and new iGold members, offering loyalty points for monthly prizes redeemable at any of their many properties. In addition the online casino will provide a forum for regular updates on property news and coming attractions, bringing the unique Isle of Capri Caribbean brand to the Internet.



"Our development agreement with Isle of Capri allows us to further demonstrate the promotional value of our software and our web development capabilities with a very unique gaming company." states Darold H. Parken, President and CEO of Chartwell. "Licensing our technology to a leading land based operator such as Isle of Capri, Casino Inc. is another significant achievement for our Company and provides a further endorsement of our software. We are delighted to partner with this industry leader and look forward to a long and profitable relationship."



Isle of Capri have recently enjoyed rapid growth and success among the Land based operators in the United States, this attributable to aggressive target marketing of the Isle of Capri brand and Caribbean theme. They are committed to building a complete entertainment experience for existing and potential customers through excitement, quality, service, value and fun. Chartwell is committed to delivering these same characteristics in the Isle of Capri Play for Fun Online Casino.



John M. Gallaway, President and Chief Operating Officer of the Isle of Capri Casinos, Inc. said, "The Isle places a high value on the use of cutting-edge technology in our industry, and Chartwell was able to develop a web program that matched our expectations. They have extensive knowledge in developing diverse and player-friendly programs, which is exactly what we want our customers to experience when visiting our iGold site."



About Isle of Capri Casinos, Inc.



Isle of Capri Casinos, Inc., with its unique "Isle of Capri" brand, has quickly grown to be one of the 10-largest publicly held gaming companies in the United States. The first gaming company to open in Mississippi in 1992, Isle of Capri Casinos, Inc. currently owns and operates riverboat, dockside and land-based casinos at 13 locations in Mississippi, Louisiana, Colorado, Iowa, Missouri and Nevada. The company also operates Pompano Park Harness Racing Track in Pompano Beach, Fla., and through a joint venture, the Enchanted Capri cruise ship, which features an Isle of Capri Casino, sailing from New Orleans.


Chartwell Technology Inc. specializes in the development of leading edge games and entertainment content for Internet and Intranet deployment by operators of interactive websites and virtual communities. Chartwell's software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications.

Chartwell invites you to preview and play our games at: www.chartwelltechnology.com.

For further information, please contact:
Chartwell Technology Inc.

[Casinonews]

01.10.2001


MOTOROLA HITS THE JACKPOT WITH WIRELESS CASINO GAMES FROM CHARTWELL TECHNOLOGY

Chartwell Technology Inc. CDNX: CWH

Chartwell''s casino games, including casino war, baccarat and slots, to be demonstrated

on Motorola multi-service mobile phones

LAS VEGAS, October 1, 2001 -- Motorola, Inc. (NYSE: MOT) and Chartwell Technology Inc. (CDNX: CWH.V) today announced plans to demonstrate casino-style games on Java™™ technology-enabled mobile phones from Motorola. Play for fun version of baccarat, slots and casino war will be used to showcase this exciting combination of new hardware and software designed to expand the entertainment frontier. Chartwell Technology''s games, will be demonstrated at the Global Gaming Expo (Booth #1004 -- October 1-3) and the World Gaming Congress (Booth #2419 and #3033-- October 17-19), all in Las Vegas.
Earlier this year, Motorola announced the Motorola i85s, i50sx and i55sr handsets, the first Java 2 Platform, Micro Edition (J2ME™™) technology-enabled mobile phones in North America. J2ME technology allows phones to be customized with business and entertainment applications to meet users' individual needs, while providing a rich user interface and portability across devices.

"We are excited to demonstrate casino games, for the first time, on Motorola wireless phones with Java technology," said Peter Aloumanis, vice president of Motorola and director of U.S. Market Operations for the company's iDEN® Subscriber Group. "This further illustrates the power of J2ME technology and the functionality of these multiple communication handsets. Chartwell's play-for-fun games demonstrate the richness of content these Motorola devices are capable of delivering."

Chartwell Technology specializes in the development of Java technology-based gaming software. Motorola's new generation of Java technology-enabled mobile phones represent an exciting new platform for wireless gaming entertainment.

"We are very proud to be working with Motorola in the development of our casino-style games for Java technology-enabled mobile phones," said Darold H. Parken, President and CEO of Chartwell. "The tremendous potential of our unique gaming software is readily apparent when playing on these fabulous new devices."

Developer Support Program

Motorola's iDEN developer support program provides developers with virtually everything they need to develop, deploy and commercialize their applications for J2ME technology-enabled handsets from Motorola, including tools, technical support, marketing, and distribution. For more information or to obtain a free CD-ROM, visit http://www.motorola.com/idendev.

About Motorola and iDEN

Motorola, Inc. (NYSE:MOT) is a global leader in providing integrated communications and embedded electronic solutions. Sales in 2000 were $37.6 billion.

iDEN handsets combine the capabilities of digital wireless phone with "always on" Internet access, text pager, and two-way radio to enable users to instantly communicate with one or hundreds of individuals at the push of a button. For further information on iDEN handsets, visit

http://www.motorola.com/iden

http://www.motorola.com/store/iden

Chartwell invites you to preview and play our games at: www.chartwelltechnology.com.

[Casinonews]

09.10.2001

CHARTWELL REACHES PROFITABILITY IN THIRD QUARTER

Chartwell Technology Inc. CDNX: CWH



Calgary, Canada October 9, 2001, Chartwell Technology Inc. (CDNX: CWH) a leading provider of interactive media and information systems for companies engaged in the Internet gaming industry, announces results for the three and nine month periods ended July 31, 2001.


The third quarter ended July 31, 2001 represents a significant milestone in Chartwell's development as our first profitable or break-even quarter. While we do not expect to show a profit for the fiscal year, our break-even quarter represents a validation of both our business plan and our unique business model. For any start-up technology company, the first break-even quarter marks a transitional point from a development focus to more of a product based business from which sustained growth and profitability can be achieved. Our business model precludes participation in the online gaming business of our clients.

Our development focus during the quarter centered on the expanded functionality of our administrative software to provide operators with more promotional and reporting tools. We also released the beta version of our new Flash casino games and Bingo product. Our Flash product is the next step in our plan to deliver the broadest selection of Internet platforms and access options which will be rounded out with the release of our Java download Casino product later this year.

Revenues for the third quarter were $928,663, an increase of 255% over the corresponding period of the previous year and a 54% increase over the preceding quarter. The majority of revenues were generated by our subsidiary company, Chartwell Games Corp. through software licensing and development fees. Expenses for the quarter were $926,911, an increase of 11% over the prior year and an increase of 7% from the preceding quarter. The majority of these expenses related to software development.

Chartwell posted a profit of $1,752 for the third quarter compared with a loss of $574,133 in the corresponding period of the prior year and a loss of $961,098 in the preceding quarter. Expenses related to software development are not capitalized. Working capital at the end of the period was $7,283,128.


Our objectives for the fourth quarter will be to release the commercial version of our Flash casino and bingo products and to continue the expansion of our customer base on which we expect to achieve a profitable fiscal 2002. We are confident that we will meet these objectives during the fourth quarter.

Our continued dedication to development, evidenced by our Flash and Java v3.0 Online Gaming software releases have reaffirmed our position as the leading supplier of in-browser software to the Internet gaming and entertainment industries.


Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet. Chartwell's Java and Flash based software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications. Chartwell does not participate in the online gaming business of its clients. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its leading edge through continuous development and unparalleled customer support.

[Casinonews]

05.11.2001

CHARTWELL SIGNS EXCLUSIVE BIOMETRICS AGREEMENT WITH INROAD SOLUTIONS


Calgary, Canada November 05, 2001, Chartwell Technology Inc. (CDNX: CWH) announced today that it has signed an agreement with Inroad Solutions Inc. to rebrand and exclusively market Inroad's biometric user identification and authorization technology, the Aegis Secure Login. Chartwell will exclusively license this technology within the online gaming and games playing industries.


The agreement allows Chartwell to rebrand and integrate Inroad's unique biometric authentication application into its current gaming software applications. The Chartwell rebranded user identification technology will also be available to the entire gaming industry as a stand alone product. Currently known as Aegis Secure Login, the application monitors and records a person's keystroke patterns during the login process. The technology extracts a unique biometric pattern from the keystrokes as a means of uniquely identifying individuals over the internet. Unlike other biometric-based solutions, this keystroke technology does not require any specialized hardware.

"This unique biometric identification solution is a perfect complement to the Responsible Gaming functionality which Chartwell has developed over the past year", stated Darold H. Parken, President of Chartwell, "Chartwell's commitment to enabling the gaming industry to protect consumers having regard to commercial and technological practicability, is reflected in this exclusive licensing arrangement".

Biometrics are the foundation of identification solutions for the gaming industry and this unique keystroke method represents a solution which does not require any consumer hardware and which is not so intrusive as to limit consumer acceptance.

"Our biometric login technology was the first installment in our series of security applications that will provide additional layers of security over network environments including the Internet and Intranets", stated Anthony Bassett, Product Development Director of Inroads. "The login technology seamlessly integrates into authentication systems, and can eliminate the risk of unauthorized access to sensitive data even if the impostor has gained access to a valid username and password".

"We are immensely gratified to solidify a relationship with an industry leader like Chartwell who has consistantly demonstrated its commitment to fair and responsible gaming principles," Bassett added. "We view this agreement as a big step forward towards getting the identification technology into the marketplace to help address the concerns over responsible gaming, and issues regarding underage gaming".

About Inroad Solutions



Inroad Solutions (www.inroad.ca) is a software development company focused on providing Web-based biometric security products, as well as e-learning software and services. Inroad's keystroke technology is currently available for OEM or reseller licenses in all markets. Inroad is currently working with several top network and security companies to bring the biometric software to its customers around the world.




About Chartwell



Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet. Chartwell's Java and Flash based software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications. Chartwell does not participate in the online gaming business of its clients. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its leading edge through continuous development and unparalleled customer support.

[Casinonews]

07.01.2002

C h a r t w e l l T e c h n o l o g y I n c .

PRESS RELEASE

CHARTWELL POSTS STRONG REVENUE GROWTH AND PROFITABILITY IN FOURTH QUARTER

Chartwell Technology Inc. CWH.V
Calgary, Canada January 7, 2002, Chartwell Technology Inc. (CDNX: CWH) a leading provider of gaming
and information systems for companies engaged in the Internet gaming industry, announces financial results
for the fourth quarter and fiscal year ended October 31, 2001.
The fourth quarter represents Chartwell’s second consecutive profitable quarter. Quarter to quarter revenue
growth was 36% and revenue growth for the fiscal year was 125%. While we did not show a profit for the year
as a whole, our loss for the year decreased by 68% over the prior year. After three years of dedicated
software development, Chartwell has turned the corner of profitability on the strength of our unique software
systems and development capabilities and our strong base of gaming industry clients.
3 Months Ended October 31
2001
$
2000
$
Revenue 1,259,336 694,951 +81%
Expenses 1,235,055 1,711,212 -28%
Net Income (Loss) 24,281 (1,016,212) +102%

Revenues for the fourth quarter were $1,259,336, an increase of 81% over the corresponding period of the
previous year and a 36% increase over the preceding quarter. The majority of revenues were generated by
our subsidiary company, Chartwell Games Corp. through software licensing and development fees.

Expenses for the quarter were $1,235,055, a decrease of 28% over the prior year and an increase of 33% from the preceding quarter. The majority of these expenses related to software development.

Chartwell posted a profit of $24,281 for the fourth quarter compared with a loss of $1,016,261 in the
corresponding period of the prior year and a profit of $1,752 in the preceding quarter. Expenses related to
software development are not capitalized. Chartwell enters this new fiscal year with a strong balance sheet
and well capitalized with working capital at the end of the period of $7,298,423.

Chartwell is unique in the online gaming software business. Our rigid adherence to the business principle of supplying leading edge technology and allowing our licensees total control of their business has resulted in a longer than expected drive to profitability. However, this fundamental business premise leaves us very well positioned to significantly expand our market share in the future of online gaming which demonstrates a clear shift to the sophisticated gaming operator who demands custom applications, integration and total control.

With Chartwell as a technology partner there is no restriction on how a gaming operator wishes to structure its business and there is no element of, or potential for, conflict of interest. Our business model precludes
participation in the online gaming business of our clients or otherwise.
Chartwell’s comprehensive software solution has been carefully tailored to meet the specific needs of the next generation of online gaming operators who look to set new standards for the industry.

An increased marketing effort in 2002 will focus on expanding our target market share and our geographic
penetration. Our corporate focus will remain the continuous development of new games and gaming systems to enhance the ability of our customers to maximize their profits while we introduce new responsible gaming functionality to address the developing regulatory environments and to reflect the high business standards of the new generation of online gaming operators whom we support.

Chartwell Technology Inc. specializes in the development of leading edge gaming applications and
entertainment content for the Internet. Chartwell’s Java and Flash based software products and games are
designed for deployment in gaming, entertainment, advertising and promotional applications. Chartwell does not participate in the online gaming business of its clients. Chartwell’s team of highly trained professionals is committed to delivering the highest quality software and maintaining its leading edge through continuous development and unparalleled customer support.

Chartwell invites you to preview and play our games at: www.chartwelltechnology.com

For further information, please contact:
Chartwell Technology Inc.
Darold H. Parken, President
(877) 261-6619 or (403) 261-6619
dhp@chartwelltechnology.com
David Bajwa, Investor Relations
(877) 669-4180 or (604) 669-4180
info@chartwelltechnology.com

The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products, regulation of the online gaming industry, and other risks detailed from time to time in Chartwell's filings with the Securities & Exchange Commission. We assume no responsibility for the accuracy and completeness of these statements and are under no duty to update any of the forward-looking statements contained herein to conformthese statements to actual results. This is not an offer to sell or a solicitation of an offer to purchase any securities.

CHARTWELL TECHNOLOGY INC.
Consolidated Balance Sheets
October 31, October 31,
2001 2000
(unaudited)
Assets
Current assets:
Cash and cash equivalents $ 2,741,078 $ 8,793,474
Short term investments 3,350,007 -
Accounts receivable 1,200,036 143,753
Prepaid expenses 79,867 71,968
7,370,988 9,009,195
Available for sale long-term securities 42,882 42,882
Capital assets 303,392 327,745
Deferred software development costs 220,144 330,220
$ 7,937,406 $ 9,710,042
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable and accrued liabilities $ 59,897 $ 785,542
Current portion of obligations under capital lease 12,668 12,486
Deferred revenue - 299,789
72,565 1,097,817
Obligations under capital lease 13,446 17,363
Shareholders' equity:
Share capital 14,511,135 14,418,635
Deficit (6,659,740) (5,823,773)
7,851,395 8,594,862
$ 7,937,406 $ 9,710,042
CHARTWELL TECHNOLOGY INC.
Consolidated Statements of Income (Loss) and Deficit
(unaudited)

Three months ended October 31, Year ended October 31,
2001 2000 2001 2000

Revenue:
Software set-up fees $ 877,146 $ 436,329 $ 1,928,696 $ 909,902
Software license fees 284,873 (28,583) 908,876 172,463
Interest and other 97,317 287,205 394,782 338,924
1,259,336 694,951 3,232,354 1,421,289

Expenses:
Software development and support 527,431 504,477 2,013,601 1,291,899
General and administrative 883,394 1,107,375 2,065,710 2,523,572
Gain from extinguishment of debt (242,512) - (242,512) -
Depreciation and amortization 39,223 68,654 121,446 121,050
Amortization of deferred software
development costs 27,519 30,706 110,076 110,074
1,235,055 1,711,212 4,068,321 4,046,595
Net income (loss) 24,281 (1,016,261) (835,967) (2,625,306)
Deficit, beginning of period (6,684,021) (4,807,512) (5,823,773) (3,198,467)
Deficit, end of period $ (6,659,740) $ (5,823,773) $ (6,659,740) $ (5,823,773)
Net income (loss) per share: $ 0.00 $ (0.07) $ (0.05) $ (0.21)

CHARTWELL TECHNOLOGY INC.
Consolidated Statements of Cash Flows
(unaudited)
Three months ended October 31, Year ended October 31,
2001 2000 2001 2000
Cash provided by (used in):

Operations:
Net income (loss) $ 24,281 $ (1,590,394) $ (835,967) $ (2,625,306)
Depreciation and amortization 39,223 86,586 121,446 121,050
Amortization of deferred software
development costs 27,519 55,662 110,076 110,074
Deferred revenue (30,915) (123,014) (299,789) (123,014)
Change in non-cash working capital:
Accounts receivable (466,099) 1,096,186 (1,056,283) 150,150
Prepaid expenses 1,782 (5,495) (7,899) (5,495)
Accounts payable and accrued liabilities 29,034 123,878 (725,645) 437,737
(435,283) 1,214,569 (1,789,827) 582,392
(375,175) (356,591) (2,694,061) (1,934,804)

Financing:
Issue of shares - 1,447,500 92,500 1,447,500
Issue of special warrants - - - 10,075,000
Share and special warrant issue costs - - - (816,416)
Repayment of lease obligations 7,552 (229,155) (3,735) (230,375)
Long-term debt - (44,673) - (42,625)
7,552 1,173,672 88,765 10,433,084

Investments:
Purchase of short term investments (3,350,007) - (3,350,007) -
Purchase of capital assets (40,216) (175,372) (97,093) (314,715)
(3,390,223) (175,372) (3,447,100) (314,715)
Increase (decrease) in cash (3,757,846) 641,709 (6,052,396) 8,183,565
Cash, beginning of period 6,498,924 8,151,765 8,793,474 609,909
Cash, end of period $ 2,741,078 $ 8,793,474 $ 2,741,078 $ 8,793,474

[Newsflash]

26.02.2002

HORSESHOE GAMING SELECTS CHARTWELL TECHNOLOGY


Calgary, Canada February 26, 2002, Chartwell Technology Inc. (CDNX: CWH) is very pleased to announce that it has been selected as the online gaming technology partner of Horseshoe Gaming Holding Corp.; the largest privately held gaming company in the United States.


Chartwell has been selected to develop the Horseshoe Gaming "Play for Fun" online casino (www.horseshoe.com) as part of Horseshoe's overall Internet strategy. The Horseshoe Gaming customer loyalty program is built around its Winners Circle program. Chartwell's suite of games will be available to all current and new Winners Circle members.



"Our development agreement with Horseshoe reinforces the promotional value of our software and our web development capabilities with a very powerful gaming brand," states Darold H. Parken, President and CEO of Chartwell, "The Horseshoe brand and the name Jack Binion are inextricably linked with responsible gaming and quality entertainment in America and we are very proud to have been selected to help bring these qualities to the Horseshoe Gaming Internet presence".



Chartwell's custom gaming systems and unique business model are aimed at providing the most advanced technology tools to the most capable gaming companies to maximize the tremendous marketing and promotional capabilities of the online play for fun casino offering.



"Horseshoe is excited to be partnered with Chartwell in this extremely important Internet initiative," states Jon C. Wolfe, Senior Vice President and CIO of Horseshoe Gaming Holding Corp. "As two leaders in our respective industries, we believe the gaming experience created will be truly unique and consistent with the quality that Jack Binion delivers and Horseshoe customers have come to expect".


About Horseshoe Gaming: Horseshoe Gaming Holding Corp. operates the Horseshoe Casino and Hotels in Bossier City, LA, Tunica, MS and Hammond, IN. Horseshoe's state of the art properties and gaming facilities have made it a leader in the gaming industry. Horseshoe Gaming is committed to providing the finest in gaming activity, excitement and entertainment through its glamorous casino properties, luxury hotels, riverboat casinos and stylish entertainment venues.


About Chartwell Technology Inc. Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet and wireless platform. Chartwell's Java and Flash based software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications. Chartwell does not participate in the online gaming business of its clients. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its leading edge through continuous development and unparalleled customer support.

[Newsflash]

19.03.2002

BET AND WIN GAMING GROUP SELECTS CHARTWELL TECHNOLOGY


Calgary, Canada March 19, 2002, Chartwell Technology Inc. (CDNX: CWH) is very pleased to announce that its wholly-owned subsidiary, Chartwell Games Corp. has been selected as the online casino software supplier to Simon Bold (Gibraltar) Ltd a wholly-owned subsidiary of Austrian based BetandWin Gaming Group (BWIN.VI).

This agreement, which resulted in the development of the Triple A Casino, www.triple-a-casino.com, allows members the opportunity to access and enjoy the entertaining gaming experience provided by Chartwell's full casino suite of no download Java games and our soon to be released suit of instant play Flash games.



With innovative web concepts and strong strategic partners, the BetandWin Gaming Group aims to become one of the leading international players in the online gaming industry, catering to a broad audience. With a player base of over 260,000 registered users at the end of 2001, BetandWin generated turnover of 62.3 million EUR compared to 17.3 million EUR from the previous year, positioning itself as one of the fastest growing online gaming operators in Europe.



"Our license agreement with BetandWin reflects our marketing focus on recognized gaming brands and our expansion within the European market," states Darold Parken, President and CEO of Chartwell, "We consider the European market to be a very significant contributor to both the future growth of Chartwell and the online gaming industry. The BetandWin Gaming Group is an exciting new gaming brand within this market and we are pleased to have been chosen as their technology partner".


About BetandWin.com

BetandWin Gaming Group is a public company based in Austria with its subsidiary Simon Bold (Gibraltar) Ltd. based and licensed in Gibraltar. The company's strategic concept is based on the pillars of betting, information and entertainment. Listed on the Vienna Stock Exchange under the symbol BWIN, BetandWin.com is using its unique Internet presence coupled with strong partnerships to become one of the world's leading online gaming companies.



About Chartwell Technology Inc.

Chartwell Technology Inc. specializes in the development of leading edge gaming applications and entertainment content for the Internet and wireless platforms. Chartwell's Java and Flash based software products and games are designed for deployment in gaming, entertainment, advertising and promotional applications. Chartwell does not participate in the online gaming business of its clients. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its leading edge through continuous development and unparalleled customer support.

[Casinonews]

09.05.2002

CORAL EUROBET SELECTS CHARTWELL TECHNOLOGY


C h a r t w e l l T e c h n o l o g y I n c .

Calgary, Canada May 9, 2002, Chartwell Technology Inc. (TSX-VEN: CWH) is very pleased to announce that its wholly owned subsidiary, Chartwell Games Corp., has been selected to design, construct and license an online casino for the Coral Eurobet Group, one of the world's leading bookmaking organizations.

"We are extremely proud to be associated with one of the most powerful betting brands in the world", states Darold H. Parken, President and CEO of Chartwell. "The Coral Eurobet Group represents the highest degree of professionalism and integrity within the sportsbetting business and to have our technology selected for their move into online casino gaming is a very significant achievement for our Company and endorsement of our business model."

Chartwell's unique custom gaming systems and business model are aimed at providing the most advanced technology tools to the most capable gaming companies and to facilitate their total control of every aspect of the online casino operations.

"Coral Eurobet is well placed to take advantage of the continuing growth in online gaming, and the launch of the Eurobet Casino is further proof of our ambitions in this sphere", said Lee Richardson, Chief Operating Officer.

About Coral Eurobet

Coral Eurobet is one of the world's leading bookmaking organizations. The group comprises Coral Racing, operating 870 retail betting shops in the UK, Coral Stadia which owns and operates two greyhound racing tracks in the UK, Coral Telebetting which provides instant betting on all major sports by debit card, seven days a week and Eurobet, which was the first company to accept bets over the Internet and now has active customers in over 100 countries through the Internet, WAP telephone and interactive TV platforms.