MINNETONKA, Minn., March 22, 2012 /PRNewswire/ -- Table Trac, Inc. (OTCQB: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos announced that it has signed an exclusive international dealer agreement with CountR, a worldwide market leader in developing cash handling and cash management systems for the casino gaming industry.

This International Dealer Agreement positions Table Trac, Inc. as the sole and exclusive dealer of several innovative products from CountR, including the automated CAION and CashIO cash handling and coinless gaming redemption kiosks.  The agreement also provides Table Trac with distribution rights for CountR's latest innovative technology, the TiTa®, a micro ticket redemption and issuing device that can be used at table games; along with RODI, a new and scalable advertising and information platform that provides digital signage through a centrally-managed administrative system.

"I am delighted by the opportunities this unique partnership affords both parties," said Chris Bennett, Vice President of CountR Americas.  "CountR's reliable, stable and innovative product line can only benefit from an association with Table Trac who brings an established network of sales and service team members to make this a great product offering for casino operators within their distribution area."

This agreement grants Table Trac the sole and exclusive dealer rights in twelve U.S. jurisdictions, including Arizona, California, Idaho, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Texas, Washington, and Wyoming; as well as in 16 countries in Central and South America.

"We believe that the CountR products are well-suited to the Americas," said Glenn Goulet, Table Trac Chief Executive Officer.  "The innovation and small footprint they have developed for the cash management and coinless gaming devices is state-of-the-art."

He added, "CountR's ticket redemption device, the TiTa®, designed for the table games market, is especially appealing as it provides operators with a reliable and secure way to increase revenues while reducing costs.  This new TiTa® system allows table games to accept and issue gaming tickets, all the while providing increased accountability and profitability.  It is truly one of the most innovative technologies for table game operators seen in years."

Table Trac and CountR will be showcasing their latest portfolio of products at the upcoming National Indian Gaming Association Trade Show and Conference in San Diego, April 1-4, 2012. For more information or to schedule a demonstration contact Jeff Connor, Table Trac's Director of Sales and Marketing at 512-771-7774 or jeff.connor@casinotrac.com.

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed in North, South, and Central America, as well as the Caribbean.  More information is available at http://www.tabletrac.com/.

About CountR

CountR is a worldwide operating company with its headquarters in the EuroParc, outside Berlin, Germany.  CountR specializes in developing technologies for the automated cash handling and coinless gaming markets.  CountR products are deployed across five continents and supported locally by professional partners.  More information is available at http://www.countr.de/.

Forward Looking Statements

Statements made in this press release, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute "forward-looking statements" within the meaning of the federal securities laws. These certain statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by words like "strategy," "expects," "plans," "believes," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995.  For further information on factors that could impact Table Trac and statements contained in this press release, reference should be made to Table Trac's filings with the Securities and Exchange Commission, including quarterly reports on Forms 10-Q, current reports on Form 8-K and annual reports on Form 10-K. You can access such filings at http://www.sec.gov.

For More Information

Glenn Goulet, CEO

 

Table Trac, Inc.

 

Phone: (952) 548-8877

 

SOURCE Table Trac, Inc.

Copyright 2012 PR Newswire

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