MATTHEWS, N.C., Jan. 8, 2013 /PRNewswire/ -- PokerTek, Inc.
(NASDAQ: PTEK), today announced that it received written
notification on January 7, 2013 from
the Nasdaq Listing Qualifications Department that it has regained
compliance with the minimum closing bid price requirement of
$1.00 per share for continued listing
of its common stock on the Nasdaq Capital Market, as set forth in
Nasdaq Listing Rule Section 5550(a)(2). As of January 7, 2013, its common shares achieved a
closing bid price of $1.00 or more
for 10 consecutive business days.
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.