03:14:55 EDT Mon 21 Oct 2019
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Pollard Banknote Ltd
Symbol C : PBL
Shares Issued 25,625,658
Close 2019-04-25 C$ 22.00
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Pollard receives 2 yr instant ticket contract extension

2019-04-25 12:07 ET - News Release

Mr. Doug Pollard reports


Pollard Banknote Ltd. has received a two-year extension to its instant ticket manufacturing contract with Loto-Quebec. The extension commenced Feb. 1, 2019, and will allow the company to continue its role as the lottery's primary instant lottery ticket supplier, which it has been since 2014.

Pollard Banknote has partnered with Loto-Quebec to create high performing instant games since 1989, initially through an agreement with Canada's Interprovincial Lottery Corp. Over the past three decades, Pollard Banknote has worked closely with the lottery, gaining an understanding of its production requirements and unique market considerations, and leveraging this expertise to develop innovative products that align with Loto-Quebec's exacting requirements.

Most recently, Loto-Quebec selected three of Pollard Banknote's wide range of industry-leading print innovations to enhance its Multiplicateur Surprise ticket and the X L'Argent family of games. Multiplicateur Surprise takes advantage of Pollard Banknote's exclusive Flip Scratch format, allowing players to snap open windows to reveal variable imaging on the back side of each window, and a scratch area that covers additional play symbols. The lottery's $2 10x L'Argent and $5 20x L'Argent combine two eye-catching innovative features on one ticket-Pollard Banknote's patented Scratch FX product and neon inks. This winning combination brings together the unmistakable shimmer and shine of Scratch FX, with the bold glow of neon ink that makes these tickets pop at retail.

"We are pleased to extend our agreement for instant lottery tickets with Pollard Banknote. We have established a successful working relationship and continue to be impressed with the company's innovative printing processes that help keep our retail market stocked with fresh and modern-looking tickets," said Marie-Claudel Lalonde, senior director, strategy and marcom, Loto-Quebec. "We look forward to continue building on our strong and collaborative working relationship to bring players in Quebec the most entertaining and engaging instant tickets available."

"Pollard Banknote is thrilled to continue working as the primary supplier of instant lottery tickets for Loto-Quebec," said Michelle Annandale, vice-president, international sales and marketing, Pollard Banknote. "As the leading instant ticket vendor in Canada, we are pleased to maintain our strong relationship with the lottery, drawing on our extensive experience and specialized expertise to develop unique and innovative products that meet the specific needs of the Quebec marketplace."

Loto-Quebec's mission is to responsibly and efficiently manage games of chance in a controlled and measured fashion, in the interest of all Quebeckers. In fiscal year 2017 to 2018, Loto-Quebec's contribution to the Ministere des Finances reached $1,310.5-million. These funds help support major government programs in health, education and infrastructure sectors, as well as pay down the provincial debt.

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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