[20.04.2004]

Alphameric signs contract Heads of Terms with William Hill

Alphameric plc announces that its Leisure Division has signed heads of terms with William Hill to supply both its Electronic Point of Sale and display system solutions to its UK licensed betting offices.

The contract is anticipated to be to the value of £25 million with the first installation of product expected to commence later this year, subject to the satisfactory completion of an initial study to confirm specification.

Alan Morcombe, Chief Executive of Alphameric commented:“We are delighted to have signed heads of terms with one of the UK’s largest bookmakers for their betting office requirements. We look forward to working closely with William Hill to supply market-leading solutions in support of its overall technology programme.

“We expect our innovative product developments and the liberalisation of gambling regulations proposed by the Government to continue to drive the growth of our bookmaking business over the next few years.”