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SAN DIEGO INDUSTRY NOTES

May 28, 1985

International Totalizator Systems said it will market software systems owned by the Royal Hong Kong Jockey Club (The Club). International Totalizer Systems said the systems will work in conjunction with ITS' wagering terminals and related products. ITS also reported net income for the first quarter ended March 31 of $125,257, compared to a loss in the prior year's comparable quarter of $172,090. Revenues increased 139% to $2.3 million. And ITS has received a new $2-million order from the Royal Hong Kong Jockey Club, the fifth such contract with the 100-year-old racing club.

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