eLOT, Inc.

BUSINESS BRIEF

eLOT, Inc. (NASDAQ:ELOT) and its subsidiary, eLottery, Inc., are leading providers of web-based retailing and Internet marketing services to governmental lotteries. eLottery has positioned itself as the proven Internet partner to lead the governmental lottery industry into the e-commerce market. Also, eLottery is a leading application service provider of Internet marketing and advertising technology for lotteries. The Company offers a patented online transaction and information systems to lottery operators, including the Jamaica lottery. The Company's eLottoNet unit keeps players informed of lottery results with a free e-mail notification service. eLottery is pushing for relaxed regulations to allow online lottery sales in the US. The Company's revenues also come from its strategic partnerships with Oberthur Gaming Technologies, Terra Lycos (NASDAQ/NM: TLRY), Scientific Games (AMEX: SGM), and MDI Entertainment (OTCBB: LTRY).

MANAGEMENT

Edwin J. McGuinn - President and CEO, eLOT

• President and CEO of Automated Trading Systems, LIMITrader.com

• Executive Manager at Lehman Brothers, Mabon Securities, Rodman & Renshaw Capital Group

Robert C. Daum - EVP Development and Finance, eLOT

• Former investment banker - UBS Warburg, Merrill Lynch, Prudential

• 20 years capital markets and transaction experience

Michael Yacenda - EVP, eLOT, President, eLottery

• Former Executive Vice President of Executone

• Significant Internet lottery operating experience

Greg Ziemak - SVP of Sales and Marketing

• Former Executive Director of the Kansas and Connecticut State Lotteries

• Former President of the North American Association of State and Provincial Lotteries (NASPL)

TARGET MARKETS

$130 Billion Worldwide Lottery Sales
Approximately $6 Billion in retailing commissions

$2 Billion Worldwide Lottery Marketing
Currently spent on traditional print, television and radio

$10 Billion Internet Advertising Market
Banner ads, targeted email advertising