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Mr. Andrew Pegler Appointed Sales Director

Wed, 04/07/2010 - 6:30am
The Associated Press

Chartwell Technology Inc. ("Chartwell" or the "Company") (TSX: CWH), a leading provider of games, gaming systems and platform for the regulated online casino gaming industry is pleased to announce the appointment of Mr. Andrew Pegler as Sales Director for its wholly owned subsidiary, Chartwell Games (International) Ltd.

Since 2000, Mr. Pegler has advanced through the online gaming industry achieving leadership positions with his results-driven management style. The experience Mr. Pegler gained through his tenure provided the foundation for his accomplishments that include creating, implementing and executing business initiatives from start-up level companies to the negotiation, structuring, and ongoing account management of B2B relationships with some of Europe's largest and most successful gaming brands.

Mr. Pegler's resume includes serving as Senior Commercial Director at Sky Interactive (BSkyB) and most recently, Commercial Director of the Jadestone Group AB. Throughout his career, Mr. Pegler has consistently displayed his ability to develop business-to-business (B2B) partnerships with a broad range of gaming brands that include Betfair, Unibet, Gala Coral and Nordicbet.

Mr. Pegler is a MBA graduate with distinction from Warwick Business School.

"We are delighted to welcome Andrew to our team", comments Mr. Daniel Phillips, Chief Executive Officer of Chartwell Games. "He is a seasoned operator in our industry and his experience, knowledge and leadership will be a valuable asset to our Company moving forward as we strengthen current business relationships and create new revenue opportunities in our core and emerging markets".

"I am very excited to be joining Chartwell at such an extremely positive time.", adds Mr. Pegler. "Having refocused on its traditionally strong Casino product, Chartwell is now rolling out some truly outstanding games and features. There is a real buzz within the Company and the operators who previewed the new casino platform at the ICE show in January have provided ringing endorsements of Chartwell's strategy and focus for 2010 and beyond."

About Chartwell

Chartwell specialises in the development of leading-edge games, gaming systems and platform for the regulated online casino gaming industry. Chartwell is certified or licensed to offer a range of services in all of the leading regulated online gaming markets. Chartwell is not a gaming operator; their clients own their own brands and databases entirely and exclusively. Chartwell's team of highly trained professionals is committed to delivering the highest quality software and maintaining its market edge through continuous development and unparalleled customer support.

Chartwell invites you to preview our Company and gaming applications at www.chartwelltechnology.com (http://www.chartwelltechnology.com)

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein may constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. We believe that the expectations reflected in the forward-looking statements are reasonable based upon management's current views but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date hereof. No assurance can be given that actual results, performance or achievement expressed in, or implied by these forward-looking statements will occur, or if they do, that any benefits may be derived from them. Past results and information provided by third party sources considered to be accurate have been applied in drawing a conclusion or making a forecast or projection set out in the forward-looking information.

Our actual results could differ materially from those anticipated in these forward-looking statements as a result of factors that may include, but are not limited to: the impact of government regulation and laws affecting international operations, the impact of price competition, loss of business or credit risks associated with current and prospective major customers, general industry and market conditions and growth rates, currency rate fluctuations, the impact of consolidations in the online gaming industry and other risks detailed from time to time in Chartwell's Annual Information Form and Management's Discussion and Analysis, both of which may be found at www.sedar.com (http://www.sedar.com)

The TSX does not accept responsibility for the adequacy or accuracy of this release.

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