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
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Table
Trac, Inc.
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Phone:
(952) 548-8877
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SOURCE Table Trac, Inc.