Half Yearly Report

1
Half Yearly Report 31st December 2004
2
Business Review

• Consolidated loss after tax 681K
• Group Revenue of 7.7 million
• Key Contributor US Link Start Up Costs 867K
• Gaming Systems profit of 167K
• Online business 19K
• Operating costs reduced by 800K (20)

3
Revenue
4
Balance Sheet
5
Cashflow
6
Gaming Systems Division

• Market still difficult- confidence building
• Gaming systems equipment Revenue 5.207 million
• Domestic Sales 84
• International Sales 16
• Cost of Goods reduced by 5

7
Gaming Service, Support Licenses

• To date our leader in Recurring Revenue Model
• Strong Growth
• Revenues increased by 42 to 2.1 million

8
Professional Services

• Specialised Development Work
• Sales of Non Core Products- Risk and Compliance
  Mgr
• Contributing new revenue of 197K

9
Maxi Gaming (US Links)

• System Preparation, Implementation and Start Up
  Costs of 867K (expensed)
• Sophisticated Wide Area Network
• Go Live across a Total 76 machines at Pechanga
  Soboba

10
Maxi Gaming (US Links)

• Early figures indicate significant increase in
  machine play
• Commence expansion operation over the coming weeks

11
Wide Area Progressive
Network Operations Centres
12
As at 7.00am 21/02/05
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Jackpot Hits

• 10 Minor Jackpot Hits 9,416.65
• 132 Mini Jackpot Hits 11,767.92
• 142 Total Jackpot Hits 21,184.57

14
Significant Developments

• Player Account Limits Increased from 200 to
  1,000
• EPS re-branded and re-launched as Freedom
• Netcash suite of products, scaled to suit venue
  needs and expectations

15
Significant Developments

• SAS Protocol compatibility for International
  Markets
• Remote Firmware Download capabilities
• Introduction of Risk Compliance Manager System

16
Subsequent Events

• Maxmillion Wide Area Link Progressive Jackpot
  System has commenced operations
• Significant Company Milestone
• Strengthens the Recurring Revenue Model

17
Outlook

• Domestic market remains challenging
• Increase in product range
• Continue our push into the International Markets
• Expand Non- Core Products
• Maxi Gaming early performance indications provide
  will meet EBITDA forecasts of 800K (first full
  year of operation)

18
Thank You
Questions