Arizona Lottery Awards Pollard Banknote Instant Ticket Warehousing and Distribution Contract

WINNIPEG, May 13, 2019 /CNW/ - Pollard Banknote Limited (TSX: PBL) ("Pollard Banknote") is pleased to announce that it will be partnering with the Arizona Lottery to deliver instant ticket warehousing and distribution services, as a result of being awarded a contract through a competitive procurement process. The six-year contract began on February 14, 2019, and will end on August 30, 2026.

Pollard Banknote has been an instant ticket printing and production services provider for the Lottery since 1998 and was awarded the first pull-tab ticket warehouse and distribution services contract in Arizona in 2010. Under this new contract, Pollard Banknote will operate an instant ticket warehouse and distribution center for the Lottery, which will include telemarketing services, inventory storage and management, order fulfillment, and distribution to retailers, as well as marketing support to foster sales growth and retail excellence. In order to create greater efficiency, pull-tab and instant ticket warehousing and distribution services will be consolidated under this contract once the existing pull-tab agreement has expired.

Pollard Banknote will manage the Lottery's instant ticket inventory using our state-of-the-art, proprietary SureTrack™ Lottery Management System. SureTrack™ is a web-based, turnkey solution with a range of flexible tools for inventory control and management, forecasting, ordering, distribution, validation, and reporting that support lottery goals for sales and retail expansion. Pollard Banknote's SureTrack™ technology solution has been used by a variety of lotteries around the world for 18 years.

"Pollard Banknote is thrilled to have the opportunity to partner with a long-standing client like the Arizona Lottery in a new capacity to deliver instant ticket warehousing and distribution services," said Brad Thompson, Vice President, Sales and Marketing, Pollard Banknote. "We have worked diligently to develop a modern and sophisticated lottery management solution that offers outstanding operational support. We look forward to implementing this solution for the Arizona Lottery, and we are confident that it will play an important role in our holistic approach to helping the Lottery drive sales of pull-tabs and instant tickets."

"At the Arizona Lottery, our mission is to maximize net revenues in a responsible manner to support programs that benefit Arizona communities," said Gregg Edgar, Executive Director, Arizona Lottery. "Over the course of our more than 20-year long relationship, Pollard Banknote has demonstrated a keen ability to provide quality products and services that help us deliver on our mission. We are confident that Pollard Banknote is the right partner to help us take our sales to new heights by providing instant ticket warehousing and distribution services."

About the Arizona Lottery

Since 1981, the Arizona Lottery and its retail partners have generated more than $4 billion in net funding in support of programs that help to improve the quality of life for the people of Arizona. Proceeds from Lottery ticket sales – more than $4 million per week – fund programs in education, economic development, environmental conservation and health and human services. The mission is to support Arizona programs for the public benefit by maximizing net revenue in a responsible manner. Learn more at ArizonaLottery.com.

About Pollard Banknote

Pollard Banknote is a leading lottery partner to more than 60 lotteries worldwide, providing high quality instant ticket products, licensed games, Schafer Systems retail merchandising solutions, and a full suite of digital offerings, ranging from game apps to comprehensive player engagement and iLottery solutions, including strategic marketing and management services. The company is a proven innovator and has decades of experience helping lotteries to maximize player engagement, sales, and proceeds for good causes. Pollard Banknote also provides pull-tab tickets, bingo paper, and its Diamond Game and Oasis-branded electronic ticket machines to charitable and other gaming markets in North America.  Established in 1907, Pollard Banknote is owned approximately 67.5% by the Pollard family and 32.5% by public shareholders, and is publicly traded on the TSX (PBL). For more information, please visit our website at www.pollardbanknote.com.

Forward-looking Statements

Certain statements in this press release may constitute "forward-looking" statements and information, which involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. When used in this document, such statements include such words as "may," "will," "expect," "believe," "plan," and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this document. There should not be an expectation that such information will in all circumstances be updated, supplemented, or revised whether as a result of new information, changing circumstances, future events, or otherwise.

SOURCE Pollard Banknote Limited

Doug Pollard, Co-Chief Executive Officer, E-mail: [email protected]; Rob Rose, Chief Financial Officer, E-mail: [email protected]; John Pollard, Co-Chief Executive Officer, E-mail: [email protected]; Pollard Banknote Limited, Telephone: [phone]

Related Links

www.pollardbanknote.com