Canadian Bank Note Company, Ltd. Reaches agreement with Ontario Lottery and Gaming Corporation to Modernize Charitable Gaming Systems in Ontario

OTTAWA, May 25, 2012 /CNW/ - Canadian Bank Note Company, Limited (CBN) is pleased to announce that it has reached an agreement with Ontario Lottery and Gaming Corporation (OLG) to provide a full range of technology services for OLG's charitable gaming systems.

CBN successfully demonstrated its capability to design, manage and operate OLG's charitable bingo and gaming technology services. As a result of this contract award CBN will add up to 25 new high-quality technical jobs in Sault Ste. Marie, Ontario.

CBN will be responsible for designing, implementing and managing the modernized technology infrastructure for OLG's charitable bingo and gaming division including the popular electronic bingo games.

"We're very pleased that OLG has selected CBN to deliver the solutions that will revitalize charitable bingo and gaming in the province and generate more monies for important charities across Ontario," said Craig Bascombe, President of CBN Lottery Division and Chief Financial Officer.  "We look forward to building on our long-standing relationship with OLG."

"This agreement with CBN is a critical component of OLG's Charitable Bingo and Gaming Revitalization Initiative," said Tom Marinelli, Chief Transformation Officer and Chief Information Officer for OLG.  "This initiative represents a new model of collaboration with commercial operators, charity associations and municipalities intended to sustain, modernize and grow revenue for charitable organizations across the Province of Ontario."

Canadian Bank Note Company, Limited is a Canadian-owned and operated company headquartered in Ottawa, Ontario with over 1,300 employees providing secure documents, along with their issuance and inspection systems, to governments in Canada and marketed to over 60 countries around the world. CBN supplies printed products and related issuing and control systems in four business areas: Lottery, Identification, Payment and Shareholder Services.

The Company worked with the Bank of Canada to design the new Canadian polymer banknotes and is now producing the new series of notes.  It recently began the production of the new tobacco stamps for Canada and was awarded a contract by Passport Canada to manufacture the new Canadian ePassport and for developing and supporting the technology solution that performs ePassport personalization.

Judy Valz
Director, Corporate Communications
Tel:  [phone] ext. 1115
E-mail:  [email protected]