GameTech International, Inc. Announces First Tribal Installation Of New Explorer 2â¿¢ Hand Held Electronic Bingo Device
RENO, Nev., Jan. 25, 2012 /PRNewswire/ -- GameTech International, Inc., a leading supplier of electronic bingo equipment and video lottery terminals, today announced the successful installation of 250 of its latest portable Wi-Fi electronic bingo device: the Explorer 2™ in the Tribal bingo market.
The new Explorer 2™ was installed in the First Council Casino Hotel - High Stakes Bingo Hall in Newkirk, Oklahoma on the GameTech EDGE Bingo System™ in late January. First Council Casino Hotel is one of the four gaming locations and the flagship property of Otoe Missouria Tribe. The High Stakes Bingo Hall is a newly built addition to their already popular gaming offering. This state-of-the-art facility seats up to 1000 guests complete with projection and Hi-Def LCD bingo flash boards. On their opening night session, First Council Casino Hotel successfully filled the new bingo hall with over 400 players.
The Explorer 2™ is GameTech's newest portable Wi-Fi bingo device with enhanced 10" touch screen, 10+ hours of continuous battery life and a new colorful design that is both attractive and rugged enough to withstand the bingo hall environment. The Explorer 2™ supports the latest bingo games including Slingo Jokers Wild™ and interfaces exclusively with the GameTech EDGE Bingo System™."Our goal was to bring the most exciting bingo experience ever to our players here in the Midwest, and GameTech helped us reach that goal and provide the experience," commented Bruce Barnett, CEO at First Council Casino Hotel. Lorie Foerschler, Vice President of Product Management for GameTech agrees, "We are very excited to partner with First Council Casino Hotel to help them build their bingo business by continuously adding functionality to the system and new content that will set them apart in their market." About GameTech International GameTech 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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