SOURCE: PRNewswire

(West Paterson, N.J.) — Interactive Systems Worldwide Inc. (OTC Bulletin Board: ISWI) today announced its wagering volume for the month of December 2007 from the operation of its SportXction(R) system in the UK.

The system operated by Global Interactive Gaming Ltd. ("GIG"), the Company's wholly owned UK subsidiary, recorded approximately 1.2 million pounds Sterling ($2.3 million) in turnover (i.e. the total amount wagered) during December 2007.

This is in contrast to only 75,000 pounds Sterling ($146,000) in turnover recorded for December 2006, which was the first full month of operation for the Company's integrated version of its SportXction(R) product.

The Company is very encouraged by this growth. Bernard Albanese, the Company's CEO, stated, "We are very pleased with the wagering volume from our operations in the UK.

Sports wagering is somewhat seasonal, and historically December is not usually one of our best months; and yet, the turnover this December equaled the third best month we've ever recorded, immediately following the record setting months of October and November.

The magnitude of this increase from last year demonstrates the growth in the appeal of the product and should help us to secure additional business worldwide.

We are hopeful that the demonstration of continued interest in the types of wagering offered by this unique system will enable us to position the SportXction(R) product as a "must have" feature for a significant number of on-line bookmakers."

The Company's revenue from its agreements under which it operates its software has historically been based upon several factors: the turnover, the hold and the contractual revenue (hold) split with its partners.

However, in May 2007 the Company announced that it had reached informal agreement with several of its larger partners to restructure its agreements with them in order for the Company to receive fixed or minimum monthly payments on a temporary basis.

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