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Spectra Systems (SPSY)

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Monday 01 November, 2021

Spectra Systems

New Lottery Contract Win

RNS Number : 8145Q
Spectra Systems Corporation
01 November 2021
 

Reach non-regulatory announcement*

 

1 November 2021

 

Spectra Systems Corporation ("Spectra")

New Lottery Contract Win

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies and gaming security software, is pleased to announce that it has been selected by the largest lottery in the United States to provide its Premier64 Integrity internal control system ("ICS").  The contract is for a base period of five years and has an aggregate value of $600,000.

 

Dr. Nabil Lawandy, Chief Executive Officer of Spectra, stated: "We are delighted to have been selected by the biggest state lottery in the United States to provide our Premier64 Integrity internal control system.  The selection of ICS by this high profile lottery customer will serve as a strong reference for our products and services with other national and international customers in the years to come."

Enquiries:

 

Spectra Systems Corporation


Dr. Nabil Lawandy, Chief Executive Officer

Tel: +1 (0) 401 274 4700



WH Ireland Limited  (Nominated adviser and broker)


Chris Fielding (Managing Director, Corporate Finance)

Tel: +44 (0) 20 7220 1650



Allenby Capital Limited  (Joint Broker)


Nick Naylor/James Reeve (Corporate Finance)

Tel: +44 (0)20 3328 5665

Amrit Nahal (Sales and Corporate Broking) 



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