Pollard Banknote's Schafer Systems Named Finalist for Lottery Product of the Year at International Gaming Awards

WINNIPEG, MB, Jan. 11, 2022 /CNW/ - Pollard Banknote Limited (TSX: PBL) ("Pollard Banknote") is pleased to congratulate its subsidiary Schafer Systems (2018) Inc. ("Schafer Systems"), on being shortlisted in the category of Lottery Product of the Year at the 2022 International Gaming Awards for its Select 4™ Instant Ticket Vending Machine (ITVM).

Select 4™ allows for easy instant ticket vending in non-traditional retail locations. (CNW Group/Pollard Banknote Limited)

The Lottery Product of the Year award recognizes a product that is innovative in approach, provides the ability to connect and engage customers, and offers the very best options in playing. Select 4™ achieves this by taking the best features of a self-service ITVM and reducing its size to provide lotteries the opportunity to sell instant tickets without the presence of a cashier in new markets that have been previously difficult to penetrate, such as bars, restaurants, bowling alleys, coffee shops, and others. The compact design of Select 4™ allows it to fit almost anywhere and features a fun, digital interface that grabs players' attention. The security and ease of use offered by this innovative unit is a gamechanger for retailers and lotteries alike.

"We are so pleased to see our Select 4™ product receive this recognition," said Teresa Immel, Senior Director, Sales and Marketing, Schafer Systems. "Retail expansion has and continues to be a focus of ours and Select 4™, which is perfect for non-traditional locations such as restaurants and bars, is redefining retail for lottery by increasing the number and types of locations where instant tickets are sold.  Select 4™ has been successfully launched in two U.S. jurisdictions to date and has continually been met with player excitement and has proven to increase instant ticket sales. We look forward to continuing to work with our lottery partners to see how Select 4™ and other products from our portfolio can be leveraged to attract new players and contribute to continued sales growth."

The winners of the International Gaming Awards will be announced on April 11, 2022, at an awards event in London, England.

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 and Fastrak retail merchandising solutions, and a full suite of digital offerings, ranging from world-class mkodo 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 Compliant Gaming electronic games and devices to charitable and other gaming markets in North America.  Established in 1907, Pollard Banknote is owned approximately 64.3% by the Pollard family and 35.7% 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]; John Pollard, Co-Chief Executive Officer, E-mail: [email protected]; Rob Rose, Chief Financial Officer, E-mail: [email protected]; Pollard Banknote Limited, Telephone: [phone]