Vendingdata (NASDAQ:VNDC)
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VendingData(TM) Corporation Receives Approval to Trade on the
American Stock Exchange
VendingData(TM) Corporation's Common Stock Will Trade Under the Ticker Symbol
VNX
LAS VEGAS, May 3 /PRNewswire-FirstCall/ -- VendingData(TM) Corporation
(BULLETIN BOARD: VNDC) , a world leading developer, manufacturer and
distributor of security products for the gaming industry, announced today that
its common stock has been approved for trading on the American Stock Exchange
(AMEX) under the stock symbol VNX. Company management anticipates that its
shares will begin trading on the AMEX on Tuesday, May 4, 2004, which will
coincide with the discontinuance of the quotation of its shares on the OTC
Bulletin Board. Kirk Kellogg of Kellogg Capital Group, LLC has been selected
as the specialist assigned to VNX.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020325/LAM034LOGO )
Steven Blad, CEO of VendingData(TM) Corporation commented, "VendingData has
completed its transition from a development company to a commercial enterprise,
with operations in the United States and China. Since VendingData meets the
more stringent qualifications of the American Stock Exchange, we believe that
it is time to move from the OTC Bulletin Board to a national stock exchange.
The exchange's specialist system should minimize trading volatility as our
business growth gains momentum."
VendingData(TM) Corporation has 17.2 million shares of common stock outstanding
and 21.6 million shares of common stock on a fully diluted basis.
The Company's approval is contingent upon the Company being in compliance with
all applicable listing standards on the date it begins trading on the American
Stock Exchange, and may be rescinded if the Company is not in compliance with
such standards.
About VendingData(TM) Corporation
VendingData(TM) Corporation is a Las Vegas-based developer, manufacturer and
distributor of products for the gaming industry including the SecureDrop(R)
System, Deck Checker(TM) and Random Ejection Shuffler(TM) line. The Company's
products are currently installed in casinos throughout the United States,
including Caesars Palace, Bally's, Paris Hotel and Casino, Caesars Tahoe,
Circus Circus, Harrah's, Luxor, Oneida Bingo & Casino and the Venetian.
International customers include casinos in Argentina, China, Columbia, Korea,
Malaysia, Peru, United Kingdom, and Uruguay. Visit the VendingData(TM) Web
site at http://www.vendingdata.com/.
This release contains forward-looking statements. Such statements reflect and
are subject to risks and uncertainties that could cause actual events to differ
materially from expectations. Factors that could cause actual events to differ
materially from expectations include, but are not limited to, the following:
unforeseen events that could cause the Company to no longer qualify for listing
on the American Stock Exchange; regulatory and jurisdictional issues involving
VendingData(TM) Corporation or its products specifically, and for the gaming
industry in general; general and casino industry economic conditions;
compliance with foreign laws and regulations; and the risks and factors
described from time to time in the Company's reports filed with the Securities
and Exchange Commission.
For further information, please contact Jessica Neville, Vice President
Marketing and Public Relations of VendingData(TM) Corporation, +1-702-733-7195,
ext. 121, ; or Yvonne L. Zappulla, Managing Director of Wall Street Investor
Relations Corp., +1-212-681-4108, , for VendingData(TM) Corporation.
http://www.newscom.com/cgi-bin/prnh/20020325/LAM034LOGO
http://photoarchive.ap.org/
DATASOURCE: VendingData Corporation
CONTACT: Jessica Neville, Vice President Marketing and Public Relations
of VendingData(TM) Corporation, +1-702-733-7195, ext. 121,
; or Yvonne L. Zappulla, Managing Director of Wall
Street Investor Relations Corp., +1-212-681-4108, , for
VendingData(TM) Corporation
Web site: http://www.vendingdata.com/