Chartwell Technology to Launch New Online Bingo

Chartwell Technology Inc. (TSX:CWH) ("Chartwell") and Parlay Entertainment Inc.
(TSX VENTURE:PEI) ("Parlay") are pleased to jointly announce their intention to
launch an online bingo network, powered by an Internet platform that combines
Parlay's front-end bingo product with Chartwell's back-end administration
system. Both Parlay and Chartwell will also contribute a variety of slots and
other soft games to the platform. The European-facing network will be based in
Malta and managed by Chartwell.


The network which will be branded and marketed as BingoNexus is expected to
launch in summer, 2008 and will boast the best of breed of both organizations.
BingoNexus will be an exciting and exclusive network where Chartwell and Parlay
clients can join and share large pool prizes and community excitement.
BingoNexus will be on display at the upcoming Bingo Summit in London June 17-18.


Bingo is one of the most popular and socially accepted games in the world. While
global land-based bingo club wagers exceed $70 billion, less than 1% of that has
transitioned online. Growth of social-networks, online community popularity and
internet connectivity provide the essential drivers for online bingo migration.


Scott White, President and CEO of Parlay Entertainment, said: "This is a huge
win for licensees and bingo players alike. By combining the strengths of
Parlay's industry-leading bingo games with Chartwell's advanced administration
system and network operations expertise, we're creating a very compelling bingo
network solution. Player excitement will grow exponentially as bingo sites pool
their liquidity to create bigger games, huge jackpots and lively communities."


Darold H. Parken, President and CEO of Chartwell, said: "The respective
strengths of Chartwell and Parlay are a perfect fit, so it's natural for us to
work together to build a new European bingo network. Online bingo continues to
reach new heights in the UK and Europe, and we're excited to become serious
players in the bingo business under our relationship with Parlay and the
BingoNexus brand."


About Chartwell Technology

Chartwell specializes in the development of leading-edge gaming applications and
entertainment content for the Internet and other remote access devices.
Chartwell's Java and Flash based software products and games are designed for
deployment in gaming, entertainment, advertising and promotional applications.
Chartwell does not participate in the online gaming business of its clients.
Chartwell's team of highly trained professionals is committed to delivering the
highest quality software and maintaining its leading edge through continuous
development and unparalleled customer support.


About Parlay Entertainment

Parlay Entertainment Inc. is the world's leading developer and dominant licensor
of Internet bingo solutions. As the inventor and patent holder of Internet
bingo, Parlay was the first company in the world to develop and deploy a
commercial Internet bingo product. Parlay Bingo is available in both 75-number
and 90-number versions and is complemented by a full suite of lottery and casino
games. Our multi-player, multi-platform technology powers more online bingo
sites than any other software provider in the world. Some of the world's
best-known brands use Parlay Bingo solutions, including Virgin, Yahoo!, Paddy
Power, Bet24, Stan James, NetPlay TV, Bingos.com and the St. Minver bingo
network. Parlay's head offices are in Oakville, Canada with offices in
Bridgetown, Barbados and Valletta, Malta.


Chartwell invites you to preview our company and gaming applications
www.chartwelltechnology.com.


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to time in Chartwell's Annual Information Form and Management's Discussion and
Analysis, both of which may be found at www.sedar.com.
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