GameTech International, Inc. Announces Bingo Product Approval And NIGC Certification Of New GameTech EDGE Bingo System™
RENO, Nev., Oct. 25, 2011 /PRNewswire/ -- GameTech International, Inc., a leading supplier of electronic bingo equipment and video lottery terminals, today announced the certification of the GameTech EDGE Bingo System™ for the National Indian Gaming Commission (NIGC) Minimum Technical Standards for Electronic, Computer or Other Technological Aids Used in the Play of Class II Games and the regulatory approval of the Bingo Boss™ Stand Alone Bingo Verifier and Virtual Flash Board Interface from the Nevada Gaming Control Board.
The latest version of the GameTech EDGE Bingo System™ and associated hardware were recently certified by Gaming Laboratories International, LLC (GLI) and is currently operating at several locations including the Mohawk Bingo Palace in Akwesasne, New York. This certificaiton signifies GameTech's commitment to the Tribal bingo market through on-going development of its bingo system and new hand held electronic card minding devices. In addition, GameTech continues to develop creative new session based bingo games in paper that can now play on the' Bingo Boss™ Stand Alone Verifier and Virtual Flash Board Interface. The Bingo Boss™ system is a compact, user-friendly electronic verifier that allows any bingo hall to play GameTech's latest paper session bingo games without the GameTech EDGE Bingo System™. All new GameTech session bingo games will be developed for both paper and electronic play on the GameTech EDGE Bingo System™ and the new Bingo Boss™.
"We know that bingo operators are constantly looking for innovative solutions that drive revenue" commented Lorie Foerschler, GameTech's VP of Product Management for Bingo. "At GameTech our goal is to deliver systems that perform and new bingo games that will capture the imaginations and hearts of bingo players, old and new. We are excited about these recent regulatory certifications as it signifies our momentum is increasing in our "core business" – Bingo."
About GameTech InternationalGameTech International, Inc. is in the business of designing, manufacturing, and marketing electronic bingo and gaming equipment, systems, and services. Under the GameTech® product brand, the Company provides electronic bingo systems and equipment. Under the Summit Gaming™ product brand, the Company provides video lottery terminals, video gaming machines, and related software and content. GameTech International, Inc. serves customers in 40 U.S. States, Canada, Japan, and the Philippines. The Company was incorporated in 1994 and is headquartered in Reno, Nevada. More information on GameTech can be found at http://www.gametech-inc.com. Special Note Regarding Forward-Looking Statements : This press release includes various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which represent GameTech expectations or beliefs concerning future events. Statements containing expressions such as "believes," "anticipates," or "expects," used in the Company's press releases and periodic reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission ("SEC"), are intended to identify forward-looking statements. All forward-looking statements involve risks and uncertainties. Although the Company believes its expectations are based upon reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurances that actual results will not differ materially from expected results. The Company cautions that these and similar statements included in this report are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. Readers are cautioned' not to place undue reliance on forward-looking statements, which speak only as of the date thereof. GameTech undertakes no obligation to publicly release any revisions to such forward-looking statements to reflect events or circumstances after the date hereof. SOURCE GameTech International, Inc.
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