Information  X 
Enter a valid email address

Spectra Systems (SPSY)


Thursday 22 April, 2021

Spectra Systems

New Lottery Contracts

RNS Number : 2313W
Spectra Systems Corporation
22 April 2021

Spectra Systems Corporation


New Lottery Contracts

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication and brand protection technologies, and gaming security software, is pleased to announce that it has been selected by a Canadian lottery to provide its Premier64 Integrity internal control system (ICS).  

Spectra has also renewed its contract with a long term US lottery customer and will be converting this customer to its Premier64 Integrity ICS.

These contracts are for a base period of five and four years, respectively, the former with optional renewals of up to five years. 

The aggregate value of the contracts is estimated at $1.0MM over the full term, not including additional game-specific software development revenue.


Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are delighted to expand our ISO/IEC 27001:2013 certified operations internationally as well as convert a long term customer to our Premier64 Integrity product.  These contracts further increase the long-term revenue stream from our government contracts segments of the business."


Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer                                                Tel: +1 (0) 401 274 4700

WH Ireland Limited

Chris Fielding, Managing Director, Corporate Finance Tel: +44 (0) 20 7220 1650




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t