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GMTC Gametech International, Inc. (MM)

0.21
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gametech International, Inc. (MM) NASDAQ:GMTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.21 0 01:00:00

GameTech International, Inc. Announces Montana Gambling Control Approval of New Software Suite and Operating System

05/08/2010 10:24pm

PR Newswire (US)


Gametech International, Inc. (MM) (NASDAQ:GMTC)
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RENO, Nev., Aug. 5 /PRNewswire-FirstCall/ -- GameTech International, Inc. (Nasdaq: GMTC), a leading supplier of electronic bingo equipment and video lottery terminals, announced today that the Montana Gambling Control Division has approved GameTech's newest operating system and game suite that will be used to launch a new product platform for the Montana market.

The new operating system, known as GPMax™ will be operating a total of 21 newly designed games, 5 of which are a result of a custom development project for Rocky Mountain Industries, LLC ("Town Pump").  All new games have been designed to offer the player the maximum entertainment for their value, while maximizing the operator's return.  New and unique bonus features and games have been incorporated into the suite including, Payload Keno™, Cash Count Down™, Freedom Fest™, Stacking Cash™, and Pick Your Pleasure™.

"Having this platform approved is a significant milestone for our company. This is a crucial development for us as this will be the springboard for all our future new games and additional technology and product enhancements" said Bill Fasig, President and CEO of GameTech International. "While the development of these games has been a long and complex effort, we are delighted to now be able to bring this top quality product to the market, and look forward to seeing the results in both player experience and excitement and investment returns for our customer."

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, gaming equipment, 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.

Copyright g. 5 PR Newswire

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