Contract and Trading Update

RNS Number:4043A
Cyberview Tech Inc
18 July 2007



                                 Press Release


Not for release, publication or distribution in, or into, the United States,
Canada, Australia, Japan, the Republic of Ireland or South Africa



18 July 2007


                           CYBERVIEW TECHNOLOGY, INC.


                          Contract and Trading Update


Cyberview Technology, Inc. ("Cyberview" or "the Company"), a leading provider of
downloadable Server-Based Gaming ("SBG") systems to the gaming industry, today
announces that it has signed an addendum to its existing agreement with its
largest UK Fixed Odds Betting Terminal customer, Ladbrokes PLC ("Ladbrokes"),
and provides a trading update on its expected results for the year ending 31
December 2007.

Addendum to existing agreement with Ladbrokes


This addendum ensures that the Company's SBG platform, the terminals and the
games supplied to Ladbrokes comply with new gambling regulations in the UK,
effective 1 September 2007.


Seamus McGill, Cyberview CEO, said:


"I am delighted to announce this addendum to our agreement, which further
enhances our strategic relationship with Ladbrokes. The revenue generation
expected as a result of the new regulations which come into effect in September,
will provide exciting new opportunities and growth potential for Cyberview."


Trading Update


Due to the uncertainty of the gaming market in Venezuela, Cyberview has decided
to put on hold opportunities in this market. The loss of anticipated revenues
from Venezuela will be partly alleviated by cost savings in operations and the
anticipated continued strong performance from our UK business. Consequently, the
Board now expects trading to be lower than market expectations with profit
before interest and tax for the year to 31 December 2007 to be approximately
#1.3m and forecast profit after tax for the same period to be approximately
#1.7m. The unaudited 30 June 2007 net cash and net asset balances stood at
approximately #13.8m and #18.4m respectively.


About Cyberview:

Cyberview is a leading provider of server-based downloadable gaming systems
underpinned by a strong Intellectual Property and patent portfolio. The strength
of the Company's system is its end-to-end security, flexibility, scalability,
reporting capabilities and audit trail. This innovative and flexible technology
allows customers to change the game offering on demand, thereby enabling the
operator to customise its offering in order to maximise revenue. It also aids
administration by providing detailed reports for operators, regulators and the
tax authorities. The Cyberview system is easily adapted to meet the needs of
various regulatory regimes enabling it to be deployed in most gaming markets and
countries across the world.


The Company's products include:


FOBTs (Fixed Odds Betting Terminals) supplied to UK bookmakers; VLT (Video
Lottery Terminals) to lotteries and other gaming operators; Server-based
downloadable gaming slot machines to the casino industry; IBS (International
Betting System) a collaboration with bookmakers which offers the ability for
operators to widen their offering for players betting on sporting events in
licensed premises.


For further information, please contact:


Cyberview Technology, Inc.                 020 7761 3000
Mark Nanovich


Hogarth Partnership                        020 7357 9477
Fiona Noblet


Arbuthnot Securities                       020 7012 2000
Nick Marsh


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