Lotobras Chooses IQ-Ludorums Casino Software for Touch-Screen Betting Innovative Brazilian Gaming Company to Deploy 10,000 Casino Kiosks Featuring Prominent UK Gaming Developers Virtual Casino Application

London, UK -- July 8, 2002 IQ-Ludorum plc, the leading provider of wagering software solutions, is pleased to announce its expansion into the South American market with Lotobras S.A., an innovative gaming company dedicated to supplying online video lottery and gaming solutions for the Brazilian market. Through a licensing agreement between IQ-Ludorum Plc, Lotobras, and Cybertronix (a Canadian based developer of standalone gaming kiosks), IQ-Ludorum will license its virtual casino software for the deployment of 10,000 IQ-Kiosks in the Brazilian states of Parana and Santa Catarina, in a phased 12-month rollout

Lotobras Chooses IQ-Ludorums Casino Software for Touch-Screen Betting

Innovative Brazilian Gaming Company to Deploy 10,000 Casino Kiosks Featuring Prominent UK Gaming Developers Virtual Casino Application

London, UK -- July 8, 2002
IQ-Ludorum plc, the leading provider of wagering software solutions, is pleased to announce its expansion into the South American market with Lotobras S.A., an innovative gaming company dedicated to supplying online video lottery and gaming solutions for the Brazilian market. Through a licensing agreement between IQ-Ludorum Plc, Lotobras, and Cybertronix (a Canadian based developer of standalone gaming kiosks), IQ-Ludorum will license its virtual casino software for the deployment of 10,000 IQ-Kiosks in the Brazilian states of Parana and Santa Catarina, in a phased 12-month rollout. IQ-Kiosk, an innovative turnkey package for walk-up gaming, includes an attractive hardware package, easy-to-use touch-screen gaming interface, IQ-Casino 4.0 (IQ-Ludorums dynamic virtual casino experience), and secure Back Office reporting and payment systems. The stylish standalone kiosk is designed for gaming venues looking to expand their gaming offerings (e.g. bingo halls, betting shops, lottery outlets and sports bars).

I am very excited about our opportunity to work in partnership with Lotobras in this rapidly expanding Brazilian market. This alone represents a great financial opportunity for all involved, whilst providing a foothold into the emerging gaming industry throughout Latin America from our Costa Rica base."
Mark Ortiz, General Manager - Latin American Sales, IQ-Ludorum

Ortiz says the agreement represents a significant financial opportunity for IQ-Ludorum based on the size of the Brazilian market and the regions widespread acceptance of games of chance, but more importantly, it signifies the companys expansion into the potentially lucrative and largely untapped South American market. Ortiz credits Lotobras, a rapidly growing company with numerous lottery interests, for their dynamic vision for the future of South American gaming, and emphasized that the strength of IQ-Ludorums product/service offering was the determining factor in the agreement.

We selected IQ-L for the quality and flexibility of their casino product to meet our market requirements as well as their commitment to build a customized solution to meet our needs and integrate with the Kiosk hardware."
Alphonse Voight, President, Lotobras S.A.

For more information contact:       
Roger Stone -- Chief Operating Officer
IQ- Ludorum plc         
Tel: 0207 932 2451
Email: rogers@iq-l.com
Website: http://www.iq-l.com

Takki Sulaiman/Brigitte Atkinson   
Hansard Communications   
Tel: 0207 735 9415         
Mob: 07778 491218
Email: mail@hansardcommunications.com
Website: www.hansardcommunications.com   
      
About the companies:
IQ-Ludorum plc. is a leader in the E-Gaming Industry, providing a unique integrated architecture for the operation of best-in-class gaming services across all digital media. A publicly held company with offices in the UK, North America, and throughout the Caribbean, IQ-Ludorum trades on the London Stock Exchanges Alternative Investment Market (AIM) under the symbol IQL.L.
Website: http://www.iq-l.com

Lotobras S.A. is a respected gaming consortium dedicated to the provision of online video lottery and gaming solutions for the South American market. Based in Santa Catarina, Brazil, Lotobras has significant expertise in bringing innovative gaming ventures to the Brazilian market, including their participation in Paranguas popular First City Lottery.

Cybertronix is a full-service provider of high-speed, touch-screen gaming terminals. Based in Montreal, Canada, Cybertronix specializes in providing stylish and durable betting kiosks to gaming venues looking to expand their product offerings and maximize revenues.