MATTHEWS, N.C., Dec. 5, 2012 /PRNewswire/ -- PokerTek, Inc.
(NASDAQ: PTEK) announces today that it has licensed and completed
development of EZ Baccarat™ on its ProCore
platform and has carried out its first installations of the
product.
"It was an important business decision for us to partner with
DEQ Systems (DEQ.V) and Talisman Group to license and jointly
develop EZ Baccarat™ on our ProCore
electronic gaming platform," stated Mark
Roberson, Chief Executive Officer of PokerTek. "The EZ
Baccarat™ operating system has enjoyed
phenomenal success, growing to over 500 games in multiple
jurisdictions and countries in less than three years. Our initial
installations on cruise ships in Asia occurred this week, and we expect
approvals for other markets to follow. EZ
Baccarat™ is an excellent addition to
our library, and we are excited about the opportunity to expand EZ
Baccarat™ into the electronic game
platform market."
"We are very pleased to debut our electronic table game product
offering of EZ Baccarat™ with
PokerTek," stated Earle G. Hall,
President and Chief Executive Officer of DEQ. "EZ
Baccarat™ has distinguished itself as
the player's choice for baccarat and is in demand in the electronic
table game space. PokerTek's leadership and diligent delivery of a
compliant performing replica of EZ
Baccarat™ is a credit to the company,
and we are excited to see them add EZ
Baccarat™ to their game library and to
offer it to their distinguished clientele."
About EZ Baccarat™
EZ Baccarat is a revolutionary method of accelerating the speed
of baccarat by eliminating the commission. The winning hand Bank
commission is replaced by "barring" one specific winning Bank hand.
The EZ Baccarat method bars a three card total of seven and is
trademarked as the "Dragon 7™". Players can also make
optional side wagers called Dragon 7 and Panda 8. The Dragon 7 is
when the Banker wins with a total of seven consisting of three
cards and pays 40 to 1. The Panda 8 is when the Player wins with a
total of eight consisting of three cards and pays 25 to 1. The EZ
Baccarat methodology and side bets bet were co-created by
Robin Powell and TJ Tejeda of
Talisman Group. These methods and trademarks are protected within
the scope of DEQ's no commission baccarat intellectual property
portfolio that protects all methodologies such as barred hands and
reduced banked winning wagers.
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
ABOUT DEQ SYSTEMS
DEQ Systems Corp. (DEQ.V) is a customer centric company that
delivers best of breed table game technology related products to
the global gaming industry that adds value and increases client
revenue. DEQ provides table game bonusing technology, table games,
table game results tracking and jackpot connectivity solutions to
more than 275 casinos in 30 countries. DEQ is an intellectual
property focused company that has an extensive patent portfolio of
more than 20 patents recognized in 50 countries.
For further information, please visit www.deq.com or please
contact:
Earle G.
Hall
President
& CEO
DEQ
Systems Corp.
p: (418)
839-3012
e:
earle.hall@deq.com
|
Marie-Josee Paquin
Marketing
and Communications Manager
DEQ
Systems Corp.
p: (418)
839-3012
e:
marie-josee.paquin@deq.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.