Spectra Systems Corporation New lottery contract renewal

RNS Number : 3165W

Spectra Systems Corporation

15 July 2024

Spectra Systems Corporation

("Spectra" or the "Company")

New lottery contract renewal

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, security printing and gaming security software, is pleased to announce that on 12 July 2024 it was selected to provide lottery gaming software to a major western state lottery in the United States. The five-year contract renewal's base value is for $636,000.

Dr. Nabil Lawandy, Chief Executive Officer, stated: "This renewal award indicates that our gaming customers value our services and is a part of the expected renewed growth of this business line under the leadership of its director, Christopher Lal"

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer

Tel: +1 (0)401 274 4700

Zeus Capital Limited, (Nominated Adviser and Broker)

Chris Fielding/James Bavister/Andrew de Andrade (Corporate Finance)

Allenby Capital Limited (Joint Broker)

Nick Naylor/James Reeve (Corporate Finance)

Amrit Nahal (Sales and Corporate Broking)

Tel: +44 (0)20 3829 5000

Tel: +44 (0)20 3328 5665

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Spectra Systems (LSE:SPSY)
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