GameTech International, Inc. Announces Installation of New Operating System and Games

RENO, Nev., March 15 /PRNewswire-FirstCall/ -- GameTech International, Inc. (Nasdaq: GMTC), a leading supplier of electronic bingo equipment and video lottery terminals, announced today the installation of the new MaxVision video poker platform in the Louisiana Video Poker Market.  The new platform will be operating the newly approved GPMax Operating System and a new suite of games designed to deliver a differentiated, cutting edge player entertainment and gaming experience while maximizing operator revenue.  Multiple new types of games and bonuses are built into this new game suite including Cascade Poker™, Peter Jacobson Poker Bonus™, Spill Over® Poker Bonus, and Mystery Bonus™.

This platform and these new games will help redefine the player experience and operator results in this, and other, markets. The new software comes as an exponential leap in gaming entertainment for this market, said Richard Fedor, GameTech International Executive Chairman of the Board, and acting CEO. "This is an important milestone for our company that has been in development for some time. We are thrilled that it is now out and approved and we look forward to capitalizing on this success as we push forward to supply players and the industry with products that provide an unparalleled gaming experience."

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, 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

SOURCE GameTech International, Inc.

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