Spectra Systems Corporation To Acquire Key Assets From ESI Integrity

Spectra Systems Corporation To Acquire Key Assets From ESI Integrity PR Newswire PROVIDENCE, Rhode Island, June 6, 2012 - THE ACQUISITION FURTHERS COMPANY STRATEGY OF EXPANDING SPECTRA'S PRODUCTS BEYOND PHYSICAL BANKNOTES SECURITY TO SECURE TRANSACTIONS SOFTWARE PRODUCTS FOR GAMING, BANKING, AND CENTRAL BANK APPLICATIONS PROVIDENCE, Rhode Island, June 6, 2012 /PRNewswire/ -- Spectra Systems announced that it has acquired with effect from June 1, certain assets from ESI Integrity, in the gaming software security industry. Spectra will acquire all of the assets of ESI Integrity, including its proprietary source codes, multi-year contracts and long-standing customer relationships. The ESI Business, which is headquartered in Vancouver, Canada, is in the gaming software security industry and has a 22 percent worldwide market share of the secure Internal Control Systems (ICS) segment primarily with international lotteries, including Norway, Greece, South Africa, Russia, Korea and Taiwan. ICS is a secure, high speed data platform which plays a critical independent security role in auditing online lottery and many other gaming systems including pari-mutuel platforms. ICS provides tools for fraud detection, money laundering, match fixing, and statistical analysis and has many existing parallel applications used by the securities exchange industry.