About betbull
betbull's vision is to become the "bookmaker's and racing associations
exchange".
betbull was started in 2004 as a joint venture of betandwin.com, its Internet arm.

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The site is the first and only exchange which allows the racing industry
to participate in - and benefit from - a split commission agreement with
betbull. The high caliber management team (Gunter Schmid, CEO and Simon
Bold, COO) can resort not only to state of the art bookmaking and operating
know how but also relevant M+A expertise and track record. Wagering may be conducted while viewing a live or televised
sporting event, or listening to it on the radio.

About Tote Credit Limited
The parent company of Tote Credit, the Horserace Totalisator Board, has
offered pool betting on all UK racecourses since 1929.

These impromptu races often took the form of a deadout run straight cross-country, hurtling every obstacle in the way - including hedges, walls, brush, livestock , and irate farmers - much to the exhilaration of the riders and whatever spectators happened to be standing within view.

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This new distribution
platform for the SportXction(TM) live betting product provides a significant
differentiator for totesport from other operators. GIG intends to offer play-by-play wagering on
well over 1,000 sporting events in 2005.

racenews finer

The site is a ground-breaking co-operative between racing associations
and bookmakers - and represents betbull's successful first step in delivering
on its stated b2b strategy.betbullplc.com Matthew Hayden (President)
Bernard Albanese (President) matt@haydenir.

blistering racecards

betbull.betbull.

impromptu pointing

Global Interactive Gaming, ISWI's wholly-owned subsidiary, along with
totesport, the official betting partner of World Snooker, will be providing
several terminals to allow spectators on-site to bet while they watch the
action. The system can be
used with virtually any sport.

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Race-goers at Munich-Riem will have a chance to register and bet with
http://www.
Other advantages of betting-exchanges include the fact that punters have
significantly more options and flexibility in their bets.

finer punters

The Company had previously announced its
existing, exclusive partnerships with the racing associations of Munich and
Baden Baden and expects other racing associations and bookmakers to join the
co-operative in the coming weeks and months.
Most races are available "in play" - which means: bets can be placed
'live' until the last second of the race.

Interactive Systems Worldwide Announces Launch of Live Betting at Sports Venue

SportXction(TM) Real-Time Betting System to be Made Available to Spectators
at Welsh Open Snooker Tournament

WEST PATERSON, N. When people are watching sport they also love to have a
bet and it seemed natural to allow those in the arena to do just that .

stardom steeplechasing

Notes to Editors
http://www.de is a betting exchange and offers its customers a wide
range of advantages:
Customers can now bet, person-to-person, against each other by using
http://www.com
Interactive Entertainment AG (stock quoted on the Viennese stock exchange)
and Fun Technologies Plc (formerly traded as CES-Software Plc, stock quoted
on the Alternative Investment Market in London) and is stock quoted since
October 2004 on the Viennese stock exchange ("BETB", "BETB.
For further details please refer to the company website
http://www. betbull has no intentions to and is
not obliged to update prognoses or to adapt prognoses to future events or
developments .
Joe Scanlon, Managing Director of totesport, commented, "Totesport are
delighted to be offering this exciting on-site facility which we hope that
punters will enjoy.

racehorses galloping

Furthermore, there are no limits on
betting and winners are welcome to bet on race after race. Midterm a major fraction of the
single - and live bets will be traded, cleared, and settled through betbull's
exchange.

Contact:
Alex Mackey, Catullus Consulting (+44-7773-787-458)
Catriona MacNiven, Investor Relations
Gunter Schmid, CEO (upon request)
Simon Bold, COO (upon request)
Tel.

racecourses racenews

Exchange betting enables person to person betting over the Internet. The
added benefit now is that they can also hedge their position as the match
unfolds.

identifiable impromptu

This historic move will allow German horse racing to receive a share
of the generated commissions.
The benefits to customers are clear - and initial levels of registrations
have been very encouraging.com.com

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de - and because the participants are matching bets with each
other, there are no bookmakers margins incorporated - the odds therefore will
significantly higher then with the Tote. GIG has modern,
secure facilities , including operating suites, a computer hub with
communications services, system demonstration resources , plus offices to house
corporate/administrative, operations, technical, maintenance, support,
marketing and legal services.

steeplechasing webpony

betbull.
Those statements are based on the Directors's opinion, assumptions made by
the Directors, and information available to the Directors.
Anything that enhances the watching of live snooker can only be beneficial for
the game.

CONTACTS:
For ISWI: (973 ) 256-8181 For Investors: (858) 456-4533
Barry Mindes (Chairman) Hayden Communications
bmindes@sportxction.

impromptu steeplechase

This press release contains "forward-looking statements" made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995 including, but not limited to; whether the agreement with Tote Credit
Limited will generate significant revenue for ISWI.com
balbanese@sportxction.

racecards finer

In addition betbull is
sponsoring the feature race of the day - The Jenny Cup. All prognoses are valid
only on the date of their announcement.

"
One player who anticipated this move was seven-time World Snooker Champion
Steve Davis. The facility is capable of simultaneously
operating the SportXction(TM) system on four sporting events while
interconnected with users playing the game via interactive television, the
Internet and mobile phones.
Additional risks and uncertainties are detailed in the Company's filings with
the Securities and Exchange Commission, including but not limited to its Form
10-KSB for the year ended September 30, 2004.

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The existing partnerships provide betbull with the exclusive rights to
promote its live betting exchange at the race tracks themselves - and on
Sunday 17th April there will be the first such presentation at Munich race
course. The Horserace
Totalisator Board continues to hold the exclusive licence to offer pool
betting on all UK horseracing and Tote Credit offers its huge client base a
wide range of betting opportunities via the telephone and through
http: //www.

In its more modern form, this delightful sport still involves a blistering gallop over fences and brush, however it now takes on far tamer turf, and is generally found in the company of 'the finer set' who dress to the nines for the occasion, dragging out the china, silver and caviar for an appropriate 'tailgate picnic' while ostensively viewing the galloping field from the vantage point of an enclosed paddock or a gentle, well-groomed hillside.

imaginable gallop

de
("the site").de this Sunday 17th April when betbull staff will be available to
show customers in detail how a betting exchange works . Supporters will be able to bet
"in-running" for the first time at a competition venue using Internet
terminals. The wagers have
odds associated with them, which relate to the probable outcome of the
proposition being wagered upon, and the odds are adjusted in real time to
balance the pool using proprietary artificial intelligence software to reflect
player sentiment, as derived from the betting patterns.totesport.

racecards llewellyn

LONDON, The European Betting Exchange Plc.betbull.

About Global Interactive Gaming Limited (GIG)
GIG was acquired by ISWI from international owners, principally The Kirch
Group, a German multimedia conglomerate, in late July 2002.

arkle blistering

("betbull" or "the Company ") announces that it has successfully launched its
live person-to-person horse racing only betting exchange site http://www."
Barry Mindes, Chairman and CEO of ISWI commented, "Snooker fans who attend
the Welsh Open will, for the first time, be able to bet live, in real-time,
while watching the games at the competition venue. Investors are cautioned
that these statements involve risks and uncertainties and that actual results
may be different from those contained in these forward -looking statements.

Among the more famous steeplechases are Ascot (which is known for not only for its astounding ability to encourage the most ostentatious ladies hats imaginable, but also played a delightful and memorable part in the movie My Fair Lady), The Grand National (another which found its way to the silver screen, launching a young Elizabeth Taylor to Hollywood stardom in the movie National Velvet), and The Maryland Hunt Cup (an American institution that proudly boasts a heritage predating the Revolutionary War).

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As long as bets are not matched, you can always change your odds or the
amount of your bet - giving the punter greater flexibility and control.
Exchange betting offers the following advantages over placing bets with a
bookmaker: Better odds, no limits , and betting for or against an outcome. +350-52561
Fax +350-44554
betbull - The European Betting Exchange Plc ("betbull")
One London Wall
London EC2Y 5EB

"

About SportXction(TM)
SportXction(TM) is a patented, real-time, software system, which allows a
player to make play-by-play wagers on a sporting event while the event is in
progress.

racecourses racecards

This communication contains statements about the future (prognoses). (Nasdaq: ISWI) announced today that its SportXction (TM)
wagering system has been made available to snooker fans attending the Welsh
Open at the Newport Centre in Wales.

dizzys pointing

GIG currently has a staff of 10 and
there is substantial room for expansion in the facility.

The name 'steeplechasing' came from the quaint custom of horsemen (and ladies, when so inclined ) to challenge one another to a race, often selecting the most notable and identifiable landscape feature - usually a far away church steeple - as the finish line.

microsite webpony

VI").J., Interactive Systems
Worldwide Inc. Commenting on the move he said, "This has been the obvious next
step in snooker betting and I am delighted that it has become reality. The wagers offered are
mostly oriented to short-term action, for example, is the penalty kick
successful, is the next play a run or a pass, is the next pitch a ball or a
strike, does the shooter make two foul shots, and many more.

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betbull to Officially Present the German Betting Exchange www.betbull.de at Munich Race Course on 17th April

Experienced bettors can make money by trading - and so can lock in a
profit even before the race has started . Bettors would enter the exchange through existing accounts via a
fully integrated exchange betting offering. One or several
factors that the Directors cannot foresee with certainty could result in
outcomes and events that deviate from the prognoses.