ILTS is a supplier of computerized wagering systems for the online lottery and pari-mutuel racing industries. In recent years, our company has developed a fully integrated, certified end-to-end optical scan voting system consisting of the InkaVote Plus Precinct Ballot Counter ("PBC") and full-featured Election Management Software that provides precinct tabulation, ballot review and audio voting capability in an integrated compact solution. We have initiated a strategic alliance with Election Systems & Software, Inc. ("ES&S") to grant ES&S an exclusive worldwide license to manufacture, sell and sublicense our intellectual property relating to the PBC and PBC software to ES&S's end customers.