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GameTech International, Inc. Announces Approval Of New Games And Hardware For The South Dakota Lottery Market

Stocks in this article: GMTC

RENO, Nev., Oct. 21, 2011 /PRNewswire/ -- GameTech International, Inc., a leading supplier of electronic bingo equipment and video lottery terminals, today announced the regulatory approval of a new game suite for the South Dakota Lottery market.

The new game suite and associated hardware were recently approved by the South Dakota Lottery and are now operating at several locations under the brand name of GameTech's Royal Touch Evolution™.  This approval signifies the first time software with "line games" has been allowed in the South Dakota Lottery market.  GameTech is currently the only supplier with approved software and hardware that features the new line games, as well as updated Keno and Poker games.

The new line games in the approved software release include Reel Boss™, Cap'n Jackpot™, 8 Line™, Wild Paylines™ and Planet 7™.  

"Being first to the market with the new game themes was very important to our overall business goals for the VLT Division," commented Kevin Painter, GameTech's CEO and Chairman.  "It shows the market that GameTech is still the leader in providing compelling VLT products to our customers in South Dakota as well as our other markets."

GameTech International, Inc. is in the business of designing, manufacturing, and marketing computerized bingo and gaming equipment, systems, and services.  Under the GameTech® product brand the company provides electronic bingo systems and equipment, and is an innovator in advanced wireless gaming applications and devices.  Under the Summit Gaming ™ product brand the Company provides video lottery terminal devices, gaming equipment, and related software and content.  GameTech International, Inc. serves customers in 43 U.S. States, Canada, Japan, Mexico, Norway, Philippines, and the United Kingdom.  The company was incorporated in 1994 and is headquartered in Reno, Nevada.

Statements in this press release that are not historical facts are intended to be forward-looking statements subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  GameTech cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include risks associated with doing business in a regulated industry, our ability to retain customers and secure new customers, risks associated with rapid technological change, and those disclosed in documents filed by the Company with the Securities and Exchange Commission, including the Company's most recently filed Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. GameTech does not intend, and undertakes no obligation, to update our forward-looking statements to reflect future events or circumstances

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