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Pollard Banknote Ltd
Symbol C : PBL
Shares Issued 25,625,658
Close 2019-04-08 C$ 22.05
Recent Sedar Documents

Pollard obtains 5 yr printing services contract renewal

2019-04-09 10:45 ET - News Release

Mr. Doug Pollard reports

POLLARD BANKNOTE RECEIVES FIVE-YEAR CONTRACT RENEWAL FROM THE INTERPROVINCIAL LOTTERY CORPORATION

Pollard Banknote Ltd. has signed a five-year renewal to its instant printing services agreement with the Interprovincial Lottery Corp., which commenced Dec. 31, 2018. Under this agreement, Pollard Banknote will continue to provide instant tickets, game design and related services to the five Canadian regional lottery corporations, which work together through the Interprovincial Lottery to undertake national lottery games.

Pollard Banknote has been a partner to the Interprovincial Lottery for nearly 30 years. Interprovincial Lottery's expertise as the co-ordinating agent, representing each of the five Canadian lotteries, combined with Pollard Banknote's selection of print innovations and unrivalled understanding of the Canadian market, has led to the development of numerous top-selling, regionally specific national games over the decades. Two past examples of wildly successful game releases are testaments to this strong partnership -- Ultra and X Money. Both games showcased Pollard Banknote's dazzling Spectrum Scratch FX -- a feature that adds the look of radiant colour-tinted foil to the tickets. This not only helped boost visibility at retail, but brought with it strong sales results. X Money, for example, was a top-selling ticket within each and every one of the five jurisdictions overseen by the Interprovincial Lottery.

"Pollard Banknote is thrilled to have the opportunity to continue to build on the successful partnership we have established with the Interprovincial Lottery Corp. over three decades," said Brad Thompson, vice-president, sales and marketing, Pollard Banknote. "The lottery utilizes its multiprovincial strength, as well as Pollard Banknote's leading-edge printing processes, to create dynamic national games that players love. We look forward to continuing to support the ILC with exciting new tickets that stand out at retail using our eye-catching designs, and are committed to continue our productive collaboration over the upcoming years."

The Interprovincial Lottery is a nationwide lottery organization incorporated in 1976. The five Canadian regional lottery corporations that are members of the Interprovincial Lottery include the Atlantic Lottery Corp. (New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island), Loto-Quebec, the Ontario Lottery and Gaming Corp. (OLG), the Western Canada Lottery Corp. (Manitoba, Alberta, Saskatchewan, Yukon, Northwest Territories and Nunavut), and the British Columbia Lottery Corp. These lottery corporations are responsible for games in their respective jurisdictions, and oversee the planning, risk management and business oversight of national initiatives through the Interprovincial Lottery board, its executive committee, and other specific committees and working groups.

About Pollard Banknote Ltd.

Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high-quality instant ticket products, licensed games, Schafer Systems retail merchandising solutions and a full suite of digital offerings, ranging from game apps to comprehensive player engagement and iLottery solutions, including strategic marketing and management services. The company is a proven innovator and has decades of experience helping lotteries maximize player engagement, sales and proceeds for good causes.

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