MATTHEWS, N.C., Dec. 11, 2012 /PRNewswire/ -- PokerTek, Inc.
(NASDAQ: PTEK) announced today that it has selected and signed its
distribution partners for the countries of Colombia, Argentina and Peru. Initial installations are currently
being scheduled.
- In Colombia, PokerTek has
selected Monarch, Inc. to represent its products. Monarch and its
principals bring more than 40 years of experience in the
distribution of gaming equipment and the operation of casinos.
Colombia has approximately 400
casino properties, most of which are electronic only.
- In Argentina, PokerTek has
selected Sielcon SRL to represent its products. Sielcon
manufactures and distributes electronic roulette and slots and
provides software services to casino operators throughout
Argentina. Argentina has more than 135 casino properties,
including 42 electronic-only bingos in the Buenos Aries area
alone.
- In Peru, PokerTek has selected
Grupo Albanto to represent its products. Grupo Albanto is a group
of operating companies in the Peruvian casino industry.
Peru has more than 400 casino
properties, most of which are electronic only.
"Latin America represents a key
element of our growth strategy," commented Mark Roberson, PokerTek's Chief Executive
Officer. "Colombia, Argentina and Peru are particularly attractive markets with
large numbers of casinos, racinos and bingos operating slots and
other electronic games. Those operators need electronic table game
products such as PokerPro and ProCore to complete their casino
offering and attract new players.
"I am pleased that we have been able to partner with
organizations of the caliber of Monarch, Sielcon and Grupo Albanto.
Raul Bouchot, VP of Business
Development, is already working closely with our new partners to
drive our Latin American growth strategy."
About PokerTek, Inc.:
PokerTek, Inc. (NASDAQ:PTEK) is
a licensed gaming company headquartered in Matthews, NC that develops and markets
electronic table game solutions for the gaming industry.
www.PokerTek.com
Contact:
Mark Roberson
CEO and CFO
PokerTek, Inc.
704.849.0860, x101
investorrelations@pokertek.com
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, which are made in accordance with the Private Securities
Litigation Reform Act of 1995. Our actual results may differ
materially from those implied in these forward-looking statements
as a result of many factors, including, but not limited to, the
impact of global macroeconomic and credit conditions on our
business and the business of our suppliers and customers, overall
industry environment, customer acceptance of our products, delay in
the introduction of new products, further approvals of regulatory
authorities, adverse court rulings, production and/or quality
control problems, the denial, suspension or revocation of permits
or licenses by regulatory or governmental authorities, termination
or non-renewal of customer contracts, competitive pressures, and
our financial condition, including our ability to maintain
sufficient liquidity to operate our business. These and other risks
and uncertainties are described in more detail in our most recent
annual report on Form 10-K and other reports filed with the
Securities and Exchange Commission. Forward-looking statements
speak only as of the date they are made. We undertake no obligation
to update or revise such statements to reflect new circumstances or
unanticipated events as they occur, except as required by
applicable laws, and you are urged to review and consider
disclosures that we make in the reports that we file with the
Securities and Exchange Commission that discuss other factors
germane to our business.
SOURCE PokerTek, Inc.