(4 January 2012, Hong Kong) - AGTech Holdings Limited
("AGTech", together with its subsidiaries, the "Group") (SEHK
code: 8279), the largest professional services provider in
China's sports lottery market in terms of business scope and
geographic coverage, announced that the "M6 Sports Lottery
Terminal" developed by its wholly-owned subsidiary Beijing
Greatwall GOT Information Products Co., Ltd. ("GOT") has been
honoured with the "2011 China Red Star Design Award".
The China Red Star Design Award was established in 2006 by
the China Industrial Design Association and Beijing
Industrial Design Center and has earned a high degree of
recognition from industry internationally. This year, the
panel was comprised of judges with an international influence
from seven countries including the US, France, the
Netherlands, South Korea, Brazil and China. The judges made
their selection from 240 products developed by 139 companies
from more than 5,200 entries submitted by 1,135 companies.
The "M6 Sports Lottery Terminal", GOT's fourth generation
lottery terminal, was the first lottery terminal of its kind
to garner this award.
The "M6 Sports Lottery Terminal" boasts an innovative and
unique design that integrates both technology and ergonomics
to meet the demand for a range of lottery terminals by
China's rapidly growing lottery market. The product
incorporates advanced functionality and security features and
offers higher computing capability to accommodate a range of
different lottery games and periodic upgrades.
GOT became one of the vendors approved by the China Sports
Lottery Administration
Centre for the research, development and production of sports
lottery terminals and
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"M6 Sports Lottery Terminal" Developed by AGTech Subsidiary is Honoured with the "2011 China Red Star Design Award"
4 January 2012
systems in 1998. With over 10 years of industry experience,
GOT has developed advanced research and development
capabilities in sports lottery terminals and systems and
developed an extensive sales network in over 20 provinces and
municipalities in the PRC. GOT is a leading brand in the PRC
sports lottery field and has been recognised by the General
Administration of Sport of China as the "Outstanding Company
Contributing to Sports Lottery".
On 29 March 2011, AGTech announced that it would participate
in a bid to acquire the remaining 65% interest in GOT in
addition to the 35% interest it already held. The acquisition
was completed in December 2011 and GOT is now a wholly-owned
subsidiary of the Group.
- End -
About AGTech
AGTech is the largest professional services provider in China's sports lottery market in terms of business scope and geographic coverage as well as the largest sports lottery terminal and system provider in the PRC. Leveraging on its advanced research and development capabilities and cooperation with top international and domestic lottery and gaming enterprises, the Group is committed to become a leading lottery technology group.
The principal business of the Group is lottery management, gaming technologies (game software, systems, hardware and terminals), as well as online and phone lottery distribution. The Group is also committed to applying advanced technologies and internet technologies to the lottery industry for comprehensive coverage in various areas such as paper tickets, internet, mobile phone, video, wireless networking and streaming media, thereby providing sports lottery authorities and millions of lottery players in China with professional integrated lottery services.
Currently, AGTech is a member of the World Lottery Association (WLA) and the Asia Pacific Lottery Association (APLA). As of today, the footprints of the Group's sports lottery business cover 80% of provinces and municipalities across China.
For more information, please visit www.agtech.com
For media enquiries, please contact:Strategic Financial Relations Limited
Angelus Lau Tel: (852) 2864 4805 Email: angelus.lau@sprg.com.hkKent Lau Tel: (852) 2864 4870 Email: kent.lau@sprg.com.hkKate Kwan Tel: (852) 2864 4873 Email: kate.kwan@sprg.com.hk
Fax: (852) 2804 2789 / 2527 1196
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