April 29, 2014
Spectra Systems Corporation ("Spectra Systems") Selected to Provide ICS Systems for iLottery Services in Michigan
The Board is pleased to announce that Spectra Systems Corporation has signed a lottery Internal Control System (ICS) services contract for the Michigan State lottery, which is the first to include a dedicated Internal Control System with new service and software development capabilities for Internet and mobile lottery. The contract has an initial term of four years with provisions for extensions.
The Michigan Lottery's iLottery services will allow Michigan residents to play their favorite existing lottery games through new distribution channels-over the Internet and on mobile devices. The ICS platform will provide the lottery an independent ability to monitor and validate the Internet and mobile sales and ensure player and system integrity.
"Spectra Systems is excited to help bring iLottery services to the residents of Michigan," expressed Nabil Lawandy, chief executive officer at Spectra Systems. He continued, "Over the coming years, we hope to bring security and integrity of ICS services to the benefit of lotteries as they open new channels of digital distribution.
Spectra Systems will be releasing its year end results for 2013 on Wednesday, April 30, 2014.
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700
WH Ireland Limited
Chris Fielding (Head of Corporate Finance) Tel: +44 (0) 20 7220 1650