Page 880 - Week 03 - Thursday, 14 April 1994

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INDEED, ACTTAB MUST BE CONGRATULATED, MADAM SPEAKER

FOR -THE SIGNIFICANT EXPERTISE IT HAS. DEVELOPED IN THE

EFFICIENT- DELIVERY OF TOTALIZATOR-BETTING FACILITIES TO

REMOTE LOCATIONS. THIS EXPERTISE AND THE QUALITY OF THE

ONGOING SUPPORT PROVIDED BY ACTTAB WERE SIGNIFICANT

FACTORS IN ACTTAB SUCCESSFUL BID.

ACTTAB WILL INITIALLY PROVIDE BET-ENTRY FOR FACE-TO-FACE -

BETTING AS WELL: AS TELEPHONE BETTING; HOWEVER, IT IS .

ENVISAGED THAT P.C.-BASED BETTING SYSTEMS WILL. BE .

AVAILABLE-NEXT YEAR. AS ALL BETS WILL BE TRANSMITTED VIA.

SATELLITE BETWEEN VANUATU AND ACTTABS COMPUTER

FACILITIES, THE VENTURE WILL CERTAINLY PROVIDE NEW

TECHNICALCHALLENGES FOR ACTTAB. ACTTAB HAVE MET THOSE

CHALLENGES AND HAVE DEVELOPED SOLUTIONS DEMONSTRATING

THAT CANBERRA IS A STRONG AND COMPETITIVE .PLAYER IN THE

NATIONAL TECHNOLOGY STAKES.

MOVING TO THE AGREEMENT ITSELF, ACTTAB HAS AGREED TO PROVIDE COMPUTING FACILITIES, EXPERTISE AND TECHNOLOGY TO ENABLE THE OPERATION OF T.A.B. FACILITIES IN VANUATU. VITAB LTD IS PROVIDING .ALL THE CAPITAL TO FINANCE THE PROPOSAL AND IS BEARING ALL BUSINESS RISKS ASSOCIATED WITH THE VENTURE. BOTH THE ACT GOVERNMENT SOLICITORS OFFICE AND ACT TREASURY SIGNED AND ENDORSED THE AGREEMENT.

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