1
Between:
FutureLink Distribution Corporation (FutureLink)
000, 000 - 0xx Xxxxxx X.X.
Xxxxxxx, Xxxxxxx
X0X 0X0
And:
NTN Network (NTN)
0000 Xx Xxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxx
00000
1. FutureLink and NTN have had discussions regarding FutureLink's ability to
provide NTN with the technology platform for the replacement of a PC network in
its hospitality environment with a thin client or NC network that has the full
capacity to function with the new generation NTN gaming initiative.
2. FutureLink and NTN plan to continue to discuss a possible business
relationship whereby FutureLink may be responsible for the specifications,
manufacturing and delivery of the hand held Playmaker for NTN that will work
with its new generation gaming initiative.
3. FutureLink and NTN plan to continue to discuss a possible business
relationship whereby FutureLink may be responsible for the IT services for NTN.
4. NTN's decision will be based on pricing, deliverability, function and
comparison of such specifics to other competitive providers. This letter of
understanding is non-binding and is designed to move the process of a potential
transaction closer to possible closure.
Size
1. Current range for upgrade of NC's from PC's in the hospitality arena is
between 3,000 and 10,000 units.
2. Current range for upgrade of Playmakers is between 30,000 and 300,000 units.
3. The overall potential size of this contract is up to $30 million.
Timing
It is the intent of both parties to move as quickly as possible to see the
fruition of this potential contract.
Next Steps
FutureLink is to provide full schematic and proposed specifications for both the
thin client or network computer station as well as the Playmaker, complete with
pricing models and proposed delivery times.
Dated this 29th day of April, 1998.
FutureLink Distribution Corporation
NTN Network
