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EssNet AB

Address: Hammarby Kajväg
18 Box 92038 SE-120 06
Stockholm
Sweden
E-mail Address: info@essnet.se
Phone: Tel. +46 8 702 57 00
Fax: Fax +46 8 644 67 64
Key People:
President & CEO

Hans Vigmostad


Background Information

The origin of EssNet goes back to 1936 with the invention of the world’s first mechanical validator for sports betting coupons at Swedish Hugin Kassaregister.
In 1958, the Company developed the world’s first complete lottery system, so called off-line systems including validators and computer-controlled readers/sorters. In the ’60s and ’70s, more than 50 systems, including 200,000 validators, were installed worldwide. In 1982, the lottery division at Hugin was acquired by the Esselte Group, and named Esselte Security Systems.
In 1988, the EssNet name was established when the ownership of Esselte Security Systems was acquired by Dutch Modalfa. In 1993, Lotterie-Treuhandgesellschaft mbH Hessen, Germany, was the first lottery to install EssNet’s on-line system.
Between 1993 and 1996, several new EssNet on-line systems were installed, mainly in Europe. In 2000, the business of EssNet was acquired by a consortium of Scandinavian companies and investors from the IT, gaming, banking and communications industries. This started a new era for EssNet. The Company was reorganised and new, successful strategies helped EssNet become one of today’s leading suppliers of lottery and gaming products.
In 2003, the joint ventures EssNet Interactive AB, TattsNet Ltd and OE Netgame AB were established

News 2006

Boss Media receives SEK 22.5 Million in Supplemental Purchase Payment for Shares in EssNet Interactive
SWEDEN (May 5, 2006) -- In conjunction with the business in the former partly owned Essnet Interactive AB being divided between the owners, Boss Media and EssNet AB agreed, among other points, on a supplemental purchase payment for Boss Media's shares in EssNet Interactive.............................Subscribers

EssNet Interactive Signs New IVT Agreement with PAF- the Largest Gaming Operator in the Baltic Sea
STOCKHOLM, Sweden (April 12, 2006) -- EssNet Interactive and Ålands Penningautomatförening (PAF) have signed a new IVT Pilot Agreement................................Subscribers

EssNet Focuses on the Rapidly Growing Interactive Gaming Market
STOCKHOLM, Sweden (January 20, 2006) -- EssNet AB today announced that it has signed an agreement to sell substantially all of the assets of its traditional online lottery division to Scientific Games Corporation for MSEK 460 in cash. Following this, EssNet will focus strongly on further developing its subsidiary EssNet Interactive’s position in the fast developing interactive gaming market..........................Read the full story at: Vol.34 No.4

Scientific Games to Acquire EssNet AB Online Lottery Assets for $60 Million
NEW YORK, USA (January 20, 2006) -- Scientific Games Corporation (SGMS)has signed an agreement to acquire substantially all of the online lottery assets of the Swedish firm EssNet AB for 460 MSEK or approximately.............................Read the full story at: Vol.34 No.4

News 2005

Szerencsejáték and EssNet Implement a New Putto Rapid Draw Game
STOCKHOLM, Sweden (December 21, 2005) -- EssNet today announced that the Company has supplied the rapid draw game Putto to Szerencsejáték, a state-owned company that administers and operates national lottery games in Hungary.................................Read the full story at: Vol.33 No.13

EssNet and Comset Services Introduce SMS for the Hero Card in Pakistan
STOCKHOLM, Sweden (November 15, 2005) -- EssNet today announced that the company will expand the ELOS system that was supplied to Comset Services International earlier this year to also include an SMS solution to enable the participation in the ‘Hero Card’ draw via mobile phones................................Read the full story at: Vol.33 No.8

EssNet and Boss Media to Develop Own Offerings in VLT Market
SWEDEN (July 18, 2005) -- The partnership regarding the development and sale of VLT systems to lottery operators via the jointly owned company EssNet Interactive AB is being terminated. ................................Read the full story at: Vol.32 No.4

EssNet and Comset Services Partner on Hero Card Project in Pakistan
STOCKHOLM, Sweden (June 29, 2005) -- EssNet today announced that the company has supplied an ELOS system to Comset Services International, for the online sale and administration of the ‘Hero Card’, a pick 6 out of 49 collector’s scheme in Pakistan..................................Read the full story at: Vol.32 No.1

EssNet Signs Contract to Supply E6 Terminals to Lotto-Toto Sachsen-Anhalt, Germany
STOCKHOLM, Sweden (May 4, 2005) -- EssNet today announced that the Company has signed a contract to provide new lottery terminals and related services to Lotto-Toto GmbH Sachsen-Anhalt in Germany...............................Read the full story at: Vol.31 No.6

EssNet to Deliver Internet Solution to Queensland's Golden Casket Lottery Corp.
STOCKHOLM, Sweden (April 1, 2005) -- EssNet today announced that the company has finalised a new contract with Golden Casket Lottery Corporation Limited in Queensland, Australia.............................Read the full story at: Vol.31 No.2

EssNet Receives IBM Solution Provider Excellence Award
STOCKHOLM, Sweden (March 1, 2005) -- EssNet today announced that the company has received the ‘Solution Provider Excellence Award.'...............................Read the full story at: Vol.30 No.10

EssNet Names Sten Nygaard-Andersen Senior Vice President, Technology and Operations
STOCKHOLM, Sweden (February 17, 2005) -- EssNet AB announced that Sten Nygaard-Andersen (47) has joined the Company as Senior VP, Technology and Operations...............................Read the full story at: Vol.30 No.8

EssNet to Deliver E6 Terminals to Lotto Rheinland-Pfalz
STOCKHOLM, Sweden (February 9, 2005) -- EssNet today announced that the company has finalised a contract under the cooperation agreement signed in 2004 with Lotto Rheinland-Pfalz, Germany. Under the terms of the contract, EssNet will......................Read the full story at: Vol.30 No.7

EssNet Interactive System Now in Live Operation at Casino PAF on the Åland Islands
STOCKHOLM, Sweden (February 8, 2005) -- Ålands Penningautomatförening (PAF) has started commercial operation with new Interactive Video Terminals (IVTs) from EssNet Interactive AB.............................Read the full story at: Vol. 30 No.7

EssNet Signs Contracts to Deliver New Terminals, a Ticketing System and an On-line Instant Scratch Ticket Module to Hungary
STOCKHOLM, Sweden (January 31, 2005) -- EssNet today announced that the company has signed three new contracts with Szerencsejáték Rt, the national lottery in Hungary. Under the terms of the contracts, EssNet will................................Read the full story at: Vol.30 No.6

EssNet Donates Money to Asia's Tsunami Victims
STOCKHOLM, Sweden (January 4, 2005) -- Deeply touched by the colossal devastation caused by the earthquake and tsunami in Asia, EssNet employees have started a collection to help the victims of the tragedy........................Read the full story at: Vol.30 No.2

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