GameTech International, Inc. (GMTC) Receives Approval From the Montana Gambling Control Division for New Multi-game Suite
RENO, Nev., Oct. 8 /PRNewswire-FirstCall/ — GameTech International, Inc. (“GameTech®”) (Nasdaq: GMTC), a leading designer, developer and manufacturer of electronic bingo, gaming equipment, gaming systems, and video lottery terminals, today announced that the Montana Gambling Control Division has approved GameTech International’s latest multi-game release of new titles for the Montana Video Lottery Terminal market.
This multi-game suite includes the highly anticipated release of Gold Works, Cow Abduction and Sweet Success video keno games with state-of-the-art graphics and animation. These games are designed for maximum player interaction and a heightened entertainment experience through innovative bonus rounds, sound packages, and new and exciting game play features.
According to the Montana Gambling Control Division’s quarterly Active Machine Count Report of September 30, 2009, GameTech’s Summit Gaming branded products already hold a dominant position in the Montana market with almost double the number of gaming machines deployed in the state as the next largest gaming machine provider.
“We are very excited about getting our approvals for these new games,” said Tim Minard, Senior Vice President of Sales and Marketing for GameTech International. “We are confident that they will meet and exceed customer and player expectations in this very important market for us. These games, which really focus on the player experience, are strong examples of why we hold the market leader position in Montana and in other major VLT 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 (TM) product brand the Company provides video lottery terminal devices, Class III gaming machines, 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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