Press Release

Pollard Banknote Awarded New Primary Contract With Loto-Québec

WINNIPEG, Manitoba, July 30, 2014 /CNW/ – Pollard Banknote Limited (TSX: PBL) (“Pollard Banknote”) is pleased to announce it has been named the new primary instant lottery ticket supplier for Loto-Québec. The five-year contract began February 1, 2014, and carries an approximate value of $38 million over the term of the agreement. Under this new contract, Pollard Banknote will undertake an expanded role with Loto-Québec, providing the Lottery with the majority of its instant ticket products and related services, including tickets with specialty printing features and proposals for new instant game concepts. 

With an unrivalled understanding of the Canadian lottery market, Pollard Banknote has been a dedicated supplier of instant lottery tickets to Loto-Québec since 1989 through an agreement with Canada’s Interprovincial Lottery Corporation (“ILC”). Loto-Québec awarded Pollard Banknote a contract to print Special Edition combination draw-instant tickets from 2005-2010. Since that time, Pollard Banknote has worked closely with the Lottery to become familiar with its complex production requirements and market considerations. 

“Pollard Banknote is thrilled to become the primary supplier of instant lottery tickets for Loto-Québec and is excited to build on our collaborative working relationship,” said Murielle Fontaine, Director, Sales & Marketing, Pollard Banknote. “As the leading instant ticket supplier in Canada, we are pleased to draw on our extensive experience and specialized expertise to develop unique and innovative products that meet the specific needs of the Québec marketplace.”

“Through ILC projects and Loto-Québec-specific games, Pollard Banknote has been a valued partner for more than two decades,” said Elaine Thivierge, Director of Marketing, Loto-Québec. “In that time, Pollard Banknote has consistently provided quality products with exemplary customer service, and we anticipate that this expanded partnership will result in the growth of our instant lottery revenue.”

Loto Québec’s mission is to responsibly manage games of chance in a controlled and measured fashion, in the interest of all Quebecers. To date in 2014, the Corporation has paid out 39 prizes worth $1 million or more.