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RCS - Spectra Systems - New lottery contract renewal

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RNS Number : 3165W  Spectra Systems Corporation  15 July 2024

Spectra Systems Corporation

("Spectra" or the "Company")

New lottery contract renewal

 Spectra Systems Corporation, a leader in machine-readable high speed
banknote authentication, brand protection technologies, security printing
and gaming security software, is pleased to announce that on 12 July
2024 it was selected to provide lottery gaming software to a major western
state lottery in the United States.  The five-year contract renewal's base
value is for $636,000.

 

Dr. Nabil Lawandy, Chief Executive Officer, stated: "This renewal award
indicates that our gaming customers value our services and is a part of the
expected renewed growth of this business line under the leadership of its
director, Christopher Lal"

 

 

Enquiries:

 

 Spectra Systems Corporation                                           Tel: +1 (0)401 274 4700

 Dr. Nabil Lawandy, Chief Executive Officer

 Zeus Capital Limited, (Nominated Adviser and Broker)                  Tel: +44 (0)20 3829 5000

 Chris Fielding/James Bavister/Andrew de Andrade (Corporate Finance)

 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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