Business Wire, Nov 17, 2005
LAS VEGAS -- Progressive Gaming International Corporation (NASDAQ: PGIC) (the Company), a leading provider of diversified products and services used in the gaming industry worldwide, announced today that it received approval from the Nevada Gaming Commission for its newest table game, Texas Hold' Em Bonus Poker.
Executive Vice President of Sales and Marketing Robert Parente stated: "We can now begin to fulfill the pipeline of orders currently at approximately 200 and growing for this exciting table game that has gained strong popularity in other jurisdictions in North America. Additionally, we are experiencing better than expected demand for the TableMax product in Oklahoma and expect to begin installing within the next several weeks."
About Progressive Gaming International
Progressive Gaming International is a leading supplier of Integrated Casino Management Systems Software and Games for the gaming industry worldwide. The Company develops and distributes an expanding array of slot and table games, plus management and progressive jackpot software systems.
The Company is unique in the industry in offering management, progressive systems and games as a modular yet integrated solution. There is a Progressive Gaming International product in virtually every casino in the world. For further information, visit www.progressivegaming.net.
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Safe Harbor Statements under The Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, including statements regarding the current and expected pipeline of orders for Texas Hold' Em Bonus Poker and expectations for installations of the Company's TableMax product. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, risks related to delay in the introduction and installation of new products, including the Company's Texas Hold' Em Bonus Poker and TableMax products, the status of rights licensed from content providers, risks related to the Company's ability to enforce and develop its intellectual property rights, including rights licensed from third parties, the risk that patents or trademarks may exist of which the company is not aware, or that existing patents may provide benefits to third parties beyond those anticipated by the company, relationships with casino operators, the overall industry environment, customer acceptance of the Company's new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions, the Company's ability to meet its capital requirements, as well as the Company's debt service obligations. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise any forward-looking statements to reflect new circumstances or anticipated or unanticipated events or circumstances as they occur.
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