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International Lottery & Totalizator Systems: International Lottery & Totalizator Systems, Inc. Completes Recertification Audit

^{Published on 2009-04-06 12:36:04, Last Modified on 2009-04-06 12:36:50 - Market Wire}
 

VISTA, CA--(Marketwire - April 6, 2009) - INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS, INC. (ILTS) (OTCBB: [ ITSI ]) announced the recertification of its Quality Management System to ISO 9001:2000 standards by Underwriters Laboratories, Inc. (UL). The recertification process involved an in-depth assessment of ILTS's entire quality management system by the UL assessor to assure that the Company's quality standards meet the requirements.

ILTS was among the first gaming system suppliers to achieve compliance to ISO 9000 guidelines, receiving its first certificate of compliance in 1996.

The ISO 9001:2000 Quality Management System standards were developed by the International Organization for Standardization (ISO) with representation from more than 100 countries.

"Achieving compliance to ISO 9001:2000 requires a dedicated team effort," said ILTS President Jeffrey Johnson. "ILTS is committed to providing our customers with the best products and service possible. Quality is an integral part of our management and work philosophy, and we are proud that this was a successful audit with zero non-conformances found."

International Lottery & Totalizator Systems, Inc. provides computerized wagering systems, equipment and services to lottery and racing organizations worldwide. ILTS can be found on the World Wide Web at [ http://www.ilts.com ].

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This Act provides a "safe harbor" for forward-looking statements to encourage companies to provide prospective information about themselves so long as they identify these statements as forward looking and provide meaningful cautionary statements identifying important factors that could cause actual results to differ from the projected results. All statements other than statements of historical fact, including statements regarding industry prospects and future results of operations or financial position, made in this press release are forward-looking. We use words such as "anticipate," "believe," "expect," "future," "intend" and similar expressions to identify forward-looking statements. Forward-looking statements reflect management's current expectations, plans or projections and are inherently uncertain. Our actual results may differ significantly from management's expectations, plans or projections. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly release any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Readers are urged, however, to review the factors set forth in reports that we file from time to time with the Securities and Exchange Commission.