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SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A)
OF THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[X] Preliminary Proxy Statement [ ] Confidential, for use of the
Commission Only (as permitted by
[ ] Definitive Proxy Statement Rule 14a-6(e) (2))
[ ] Definitive Additional Material
[ ] Soliciting Material Pursuant to sec.240.14a-11(c) or sec.240.14a-12
International Lottery & Totalizator Systems, Inc.
- --------------------------------------------------------------------------------
(Name of Registrant As Specified In Its Charter)
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-16(i) (4) and 0-11
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
the filing fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a) (2) and identify the filing for which the offsetting fee was
paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
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INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS, INC.
PROXY SOLICITED BY
THE BOARD OF DIRECTORS FOR THE
SPECIAL MEETING OF SHAREHOLDERS
TO BE HELD ON DECEMBER 17, 1997
The undersigned hereby appoints M. Mark Michalko and Lawrence E. Logue and
each of them, as attorneys and proxies of the undersigned, with full power of
substitution, to vote all of the shares of stock of which the undersigned may be
entitled to vote at the Special Meeting of International Lottery & Totalizator
Systems, Inc. to be held at 2131 Faraday Avenue, Carlsbad, California on
December 17, 1997 at 3:00 p.m., (local time), and at any and all postponements,
continuations and adjournments thereof, with all powers that the undersigned
would possess if personally present, upon and in respect of the following
matters and in accordance with the following instructions, with discretionary
authority as to any and all other matters that may properly come before the
meeting.
UNLESS A CONTRARY DIRECTION IS INDICATED, THIS PROXY WILL BE VOTED FOR THE
PROPOSAL, AS MORE SPECIFICALLY DESCRIBED IN THE PROXY STATEMENT. IF SPECIFIC
INSTRUCTIONS ARE INDICATED, THIS PROXY WILL BE VOTED IN ACCORDANCE THEREWITH.
THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE PROPOSAL.
PROPOSAL 1: To approve an amendment to the Company's Articles of
Incorporation to provide for the issuance of up to 20,000,000
shares of preferred stock, no par value, in one or more classes
or series, having such rights, privileges, designations and
preferences as may be determined from time to time by the Board
of Directors.
[ ] FOR [ ] AGAINST [ ] ABSTAIN
(Continued and to be signed on other side)
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DATED __________________________________
______________________________________
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SIGNATURE(S)
Please sign exactly as your name appears
hereon. If the stock is registered in the
names of two or more persons, each should
sign. Executors, administrators,
trustees, guardians and attorneys-in-fact
should add their titles. If a signer is a
corporation, please give full corporate
name and have a duly authorized officer
sign, stating title. If signer is a
partnership, please sign in partnership
name by authorized person.
PLEASE VOTE, DATE AND PROMPTLY RETURN THIS PROXY IN THE ENCLOSED RETURN ENVELOPE
WHICH IS POSTAGE PREPAID IF MAILED IN THE UNITED STATES.
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PROXY
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
INTERNATIONAL LOTTERY & TOTALIZATOR SYSTEMS, INC.
The undersigned hereby appoints M. Mark Michalko and Lawrence E. Logue and
each of them, as attorneys and proxies of the undersigned, with full power of
substitution, to vote all the shares of stock of which the undersigned may be
entitled to vote at the Special Meeting of International Lottery & Totalizator
Systems, Inc., to be held at 2131 Faraday Avenue, Carlsbad, California on
December 17, 1997 at 3:00 p.m., (local time), and at any and all postponements,
continuations and adjournments thereof, with all powers that the undersigned
would possess if personally present, upon and in respect of the following
matters and in accordance with the following instructions, with discretionary
authority as to any and all other matters that may properly come before the
meeting.
UNLESS A CONTRARY DIRECTION IS INDICATED, THIS PROXY WILL BE VOTED FOR THE
PROPOSAL, AS MORE SPECIFICALLY DESCRIBED IN THE PROXY STATEMENT. IF SPECIFIC
INSTRUCTIONS ARE INDICATED, THIS PROXY WILL BE VOTED IN ACCORDANCE THEREWITH.
(CONTINUED, AND TO BE MARKED, DATED AND SIGNED, ON THE OTHER SIDE)
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The Board of Directors recommends a vote for:
FOR AGAINST ABSTAIN
Proposal - Amendment of the Company's [ ] [ ] [ ]
Articles of Incorporation to
provide for the issuance of up
to 20,000,000 shares of preferred
stock, no par value, in one or
more classes or series, having
such rights, privileges, designations
and preferences as may be determined
from time to time by the Board of
Directors.
Signature(s) ________________________________________________ DATE _________
Note: Please sign as name appears hereon. Joint owners should each sign. When
signing as attorney, executor, administrator, trustee or guardian, please give
full title as such.
