WELLS-GARDNER ELECTRONICS CORPORATION INTRODUCES NEW PRODUCTS AT 2013 GLOBAL GAMING EXPO
October 09 2013 - 9:00AM
WINS "SUPPLIER PERFORMANCE AWARD" FROM
KONAMI
CHICAGO - October 9, 2013 - Wells-Gardner Electronics Corporation (NYSE MKT:
WGA) announced today that it participated in the Global
Gaming Expo (G2E) from September 24 - 26, 2013 at the Sands Expo
and Convention Center in Las Vegas, Nevada. G2E is the leading
international gaming trade show and conference organized by the
American Gaming Association.
During the event Wells-Gardner
introduced a number of new products developed by its
Engineering/R&D department. Among the new products introduced,
various flexible design solutions for "Button Deck" applications
were displayed for the Company's gaming customers. This year's
offerings were focused on various sizes, technologies and varying
cost points and quick development times. New this year was
"Discrete Touch Zone," ITO based technology with projected
capacitive touch capability. This solution provides up to 16
customer defined touch-zone areas which lowers the overall solution
over a full multi-touch button deck. Supporting both WinX and
Linux, this product can be custom designed to have additional touch
zones, various surface coatings and finishes, as well as optically
bonded two piece glass or single glass construction ranging from
1.1 to 3.0 mm in thickness.
Wells-Gardner also introduced
several new LCD models offering "high brightness" capabilities.
Several models were displayed in side-by-side comparisons running
high-resolution images versus current models; 24-inch models with a
typical 250 nit brightness against a 1000 nit enhanced panel, and
23-inch models with a typical 250 nit brightness against a 550 nit
enhanced panel. Event participants were interested in these
enhanced panels for attracting the attention of customers with
interesting content, color and images that pop off the screen
attracting casino customers to the game or specific service being
offered. Wells-Gardner's new LCD products make the experience that
much more noticeable.
During the event, Wells-Gardner
was awarded the "Supplier Performance Award" from Konami Gaming for
fiscal year 2012/13 for performance in quality, on-time delivery
and customer service as determined by key Konami personnel
representing Purchasing, Quality, Engineering, and Accounting.
Konami Gaming is one of the largest providers of slot machines and
casino management systems for the global gaming market.
Tony Spier, chairman and chief
executive officer of Wells-Gardner, said, "Global Gaming Expo 2013
was a very good show for Wells-Gardner and American Gaming and
Electronics. We are very pleased with the reaction from event
participants to our new product offerings. We had a number of
people discussing with our representatives various potential
applications of Button Deck solutions for their particular
technologies and casino venues. This was a promising start for
these new products and we look forward to working with many of
these potential customers to embed our new technology."
"We were also gratified to be
recognized by Konami Gaming, one of the leaders in our industry, as
a trusted and efficient vendor partner that helps them to sustain
their position within the gaming industry. This is a strong
affirmation of the quality and innovation of our products and
components and of the commitment of the entire Wells-Gardner team
to provide a customer service experience unmatched in the industry.
We are proud of our affiliation with Konami Gaming."
About Global
Gaming Expo (G2E)
Global Gaming Expo (G2E) is the international gaming trade show and
conference "by the industry and for the industry." Organized by the
American Gaming Association (AGA) and Reed Exhibitions, The AGA
represents the commercial casino-entertainment industry by
addressing federal legislative and regulatory issues. The
association also serves as a clearinghouse for information,
develops educational and advocacy programs, and provides leadership
on industry-related issues of public concern.
About Wells-
Gardner Electronics Corporation
Founded in 1925, Wells-Gardner Electronics Corporation is a
distributor and manufacturer of color video monitors and other
related distribution products for a variety of markets including,
but not limited to, gaming machine manufacturers, casinos,
coin-operated video game manufacturers and other display
integrators. The Company has most of its LCDs manufactured in
Mainland China. In addition, the Company's American Gaming
& Electronics, Inc. subsidiary ("AGE"), a leading parts
distributor to the gaming markets, sells parts and services to over
700 casinos in North America with offices in Nevada, New Jersey,
Florida and Illinois. AGE is also a licensed distributor of video
gaming terminals in Illinois.
Private
Securities Litigation Reform Act of 1995
This press release contains forward-looking
statements within the meaning of the federal securities laws.
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for such forward-looking statements. The words,
"believe," "project," "expect," "anticipate," "estimate," "will"
and other similar statements of expectation identify
forward-looking statements. Those statements include statements
regarding the intent, belief or expectations of the Company and its
management. Readers are cautioned that the forward-looking
statements are not guarantees of future performance and involve a
number of risks and uncertainties, and that actual results could
differ materially from those expressed in any forward-looking
statement. Important factors that could cause actual results
to differ materially from those indicated by such forward-looking
statements include, but are not limited to, development of
competing technologies, availability of adequate credit,
interruption or loss of supply from key suppliers, increased
competition, the regulatory process and regulatory and legislative
changes affecting the gaming industry. Wells-Gardner assumes
no obligation to update the information contained in this release
to reflect events or circumstances after the date of this release
or to reflect the occurrence of unanticipated events. For
additional investor information, please contact Joe Diaz of Lytham
Partners at (602) 889-9700 or Jim Brace - Wells-Gardner at (708)
290-2120.
This
announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: Wells-Gardner Electronics Corporation via Thomson Reuters
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