WMS Secures Gamefield xD™ Cabinet Approval from GLI®
November 29 2012 - 1:59PM
Business Wire
WMS Gaming Inc., a subsidiary of WMS Industries Inc. (NYSE:WMS),
announced today that its Gamefield xD gaming machine, equipped with
the newest and most powerful WMS operating system, was recently
approved by Gaming Laboratories International (GLI) for use in
markets supported by GLI, including Native American tribal casinos
and various Midwestern riverboat casino markets. The Gamefield xD
gaming machine engages slot players in a manner never before
experienced on the casino floor through a unique field of view
driven by spectacular high-definition graphics and enhanced
performance characteristics enabled by the Company’s robust new
third-generation CPU-NXT®3 operating platform. The Gamefield xD
gaming machine will be introduced with two all-new premium
participation games in the popular THE WIZARD OF OZ series during
the March 2013 quarter.
The Gamefield xD cabinet’s ground-breaking design with dual
32-inch high-definition screens, including a vertical screen and
full horizontal touch screen that forms the primary play field,
creates a stunning game sightline never before offered on a casino
floor. This innovative cabinet, designed specifically for
participation games, creates an entirely new form factor with a
visual perspective that grabs players’ attention before and during
play and delivers new game play options that enrich the gaming
entertainment experience.
“Our product development focus is aimed at creating unique,
entertaining experiences for slot players and high value products
for casino operators. Through a combination of visually immersive
field of play, imaginative gaming content and differentiated gaming
features, the advanced Gamefield xD gaming machine is expected to
deliver on all levels,” said Ken Lochiatto, President and Chief
Operating Officer of WMS Gaming. “Casino operators have expressed
tremendous enthusiasm and interest in this new participation
product and we expect the introduction of the new Gamefield xD
platform, featuring two new games from one of our most popular slot
series, will add momentum to our installed participation footprint
expansion and help drive additional revenue growth in this
important category.”
THE WIZARD OF OZ Haunted Forest™ and THE WIZARD OF OZ Emerald
City™ on the Gamefield xD cabinet are the next-generation games in
the player popular THE WIZARD OF OZ series. Both themes take full
advantage of the more robust gaming characteristics enabled by the
CPU-NXT3 operating platform and the visual exhilaration of the
Gamefield xD cabinet, with thrilling wheel-based bonus selections
and unique Glinda the Good Witch™ and Winged Monkey™ features
unlike anything players can find elsewhere on a slot floor.
About WMS
WMS serves the gaming industry worldwide by designing,
manufacturing and marketing games, video and mechanical
reel-spinning gaming machines, video lottery terminals and in
gaming operations, which consists of the placement of leased
participation gaming machines in legal gaming venues. The Company
also develops and markets digital gaming content, products,
services and end-to-end solutions that address global online
wagering and play-for-fun social, casual and mobile gaming
opportunities. WMS is proactively addressing the next stage of
casino gaming floor evolution with its WAGE-NET® networked gaming
solution, a suite of systems technologies and applications designed
to increase customers’ revenue generating capabilities and
operational efficiency. More information on WMS can be found at
www.wms.com or visit the Company on Facebook®, Twitter® or
YouTube®.
About Gaming Laboratories International
For nearly 25 years, Gaming Laboratories International, LLC has
been the world leader in providing independent testing, inspection
and certification services to the gaming, wagering and lottery
industry. GLI also offers independent network and information
security assessments to its regulatory, lottery and supplier
clients. With 20 laboratory locations located across Africa, Asia,
Australia, the Caribbean, Europe, North America and South America,
GLI is the only global organization of its kind to hold U.S. and
international accreditations for compliance with ISO/IEC 17025,
17020 and guide 65 standards for technical competence in the
gaming, wagering and lottery industries. For more information,
visit www.gaminglabs.com.
THE WIZARD OF OZ and all related characters and elements are
trademarks of and © Turner Entertainment Co.(s12)
This press release contains forward-looking statements
concerning our future business performance, strategy, outlook,
plans, products and liquidity. Forward-looking statements may be
typically identified by such words as “may,” “will,” “should,”
“expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,”
“project,” and “intend,” among others. These forward-looking
statements are subject to risks and uncertainties that could cause
our actual results to differ materially from the expectations
expressed in the forward-looking statements. Although we believe
that the expectations reflected in our forward-looking statements
are reasonable, any or all of our forward-looking statements may
prove to be incorrect. Consequently, no forward-looking statements
may be guaranteed. We undertake no obligation to update such
forward looking statements, all of which are made only as of this
date, November 29, 2012. Factors that could cause our actual
results to differ from expectations include (1) delay or refusal by
regulators to approve our new gaming platforms, cabinet designs,
game themes and related hardware and software; (2) changes in
regulations or regulatory interpretations that may adversely affect
existing product placements or future placements; (3) an inability
to introduce in a timely manner new games and gaming machines that
achieve and maintain market acceptance; (4) a decrease in the
desire of casino customers to upgrade gaming machines or allot
floor space to leased or participation games, resulting in reduced
demand for our products; (5) a reduction in capital spending or
interruption in payments by casino customers associated with
business weakness or economic uncertainty that adversely affects
our customers' ability to make purchases or pay; (6) a
greater-than-expected demand for operating leases by customers over
outright product sales or sales financing leases that shift revenue
recognition from a single period to the term of such operating
leases; (7) future costs to restructure our business and other
charges that may be higher than currently estimated, including
additional charges related to actions at a later time not presently
contemplated; (8) ability to realize in full, or part, the
anticipated savings and expense reductions from restructuring and
lower staffing; (9) adverse affects on product development,
innovation and the ability to retain and attract key personnel
following the restructuring and reorganization actions taken in
fiscal 2011 and 2012; (10) a reduction in play levels of our
participation games by casino patrons, whether due to economic
conditions or increased placements of competitive product; (11)
inability of suppliers of key components to timely meet our
requirements to fulfill customer orders; (12) increased pricing or
promotional competitive activity that adversely affects our average
selling price or product revenues; (13) a failure to obtain and
maintain our gaming licenses and regulatory approvals; (14) failure
of customers or players to adapt to the new technologies that we
introduce in new product concepts; (15) a software anomaly or
fraudulent manipulation of our gaming machines and software; (16) a
failure to obtain the right to use or an inability to adapt to
rapid development of new technologies; (17) an infringement claim
seeking to restrict our use of material technologies; (18) risks of
doing business in international markets, including political and
economic instability, terrorist activity, changes in importation
and repatriation regulations such as currently experienced in
Argentina, and foreign currency fluctuations; and (19) the
unfavorable outcome of any legal proceedings in which we may be
involved from time to time. These factors and other factors that
could cause actual results to differ from expectations are more
fully described under “Item 1. Business”, “Item 1A. Risk Factors”
and “Legal Proceedings” in our Annual Report on Form 10-K for the
year ended June 30, 2012, and our more recent reports filed with
the U.S. Securities and Exchange Commission.
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