ISWI Signs Deal with Interactive Sports - Monday 24th of April 2006

WEST PATERSON, New Jersey – InteractiveSystems Worldwide Inc. (Nasdaq: ISWI) announced today that its wholly-ownedsubsidiary, Global Interactive Gaming Limited ("GIG"), signed a newagreement with Interactive Sports Limited, a wholly owned subsidiary ofSportingbet PLC, one of the worlds largest online betting and gaming Group("Sportingbet"). GIG will provide software and services to allowSportingbet to offer an enhanced play-by-play betting service throughoutthe course of a sporting event. The betting markets, which will beintegrated and offered alongside Sportingbet's existing offerings, will bedeployed across Sportingbet's websites throughout Europe.

Sportingbet is currently one of GIG's largest bookmaking partners. Thisnew agreement will provide GIG with a share of the wagering revenue fromthe enhanced play-by-play betting service. GIG will manage the fastresolving in-run "play-by-play" wagering markets, including their creation,the setting of initial odds and subsequent odds changes, their closing andtheir eventual settlement. This service will be offered in conjunction withother more traditional markets that are already currently managed bySportingbet. Sportingbet will accept the wagers and manage the bookmakingon all markets.

Bernard Albanese, President of ISWI, stated, "We are very pleased tohave entered into this agreement with Sportingbet. To receive this level ofendorsement by them, one of the world's largest online betting and gamingGroup is very gratifying. We are optimistic that this enhanced product,offered throughout Europe through more than twenty websites, will benefitboth companies. We look forward to aligning ourselves with Sportingbet tooffer their customers the most comprehensive in-run betting serviceavailable to the public."

Kenny Alexander, Managing Director of Sportingbet Europe said, "We areexcited to be able to offer this seamless solution for the innovativebetting opportunities made possible by the SportXction(R) system. Thisservice will enhance our live betting service by significantly increasingour customers betting opportunities."

The product will be offered in multiple languages, and wagers will beaccepted in multiple currencies. GIG utilizes the SportXction(R) System,developed by ISWI, to manage primarily short-term, play-by-play oriented,betting opportunities ("propositions" or "markets") during a live sportingevent. The agreement is for an initial 18-month term and Sportingbet Europewill make available the SportXction(R) system for all of the currentlyavailable sports of football, cricket, golf, tennis, rugby, basketball,NFL, snooker and darts. Both parties expect this new service to be offeredto the public prior to the World Cup, scheduled for early June.

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