GameTech and TCSJOHNHUXLEY Agree to Relationship
January 28 2008 - 6:10PM
PR Newswire (US)
RENO, Nev., Jan. 28 /PRNewswire-FirstCall/ -- GameTech
International, Inc. ("GameTech" or the "Company") (NASDAQ:GMTC), a
leading designer, developer and marketer of electronic bingo and
gaming equipment, systems, and video lottery terminals, today
announced that it has entered into a distributor agreement with
TCSJOHNHUXLEY ("TCS"). The agreement covers sales and support
service of GameTech electronic bingo products by TCS in the U.K.
This contract represents the further expansion of GameTech into
global gaming markets. Jay Meilstrup, GameTech's President and
Chief Executive Officer stated: "We are very pleased to have
TCSJOHNHUXLEY be a distributor of our products. We were looking for
a partner that could provide a high level of customer service to
support our product who also offered an established European
presence. With its extensive customer base and local offices,
TCSJOHNHUXLEY was a natural choice to help us achieve our expansion
goals." TCSJOHNHUXLEY is the leading provider of casino equipment
and services in the world. They have strategically based offices in
all major gaming jurisdictions providing a consultancy based sales
approach backed up by industry leading after-sales service and
technical support. GameTech International, Inc. is in the business
of designing, manufacturing, and marketing computerized bingo and
gaming equipment, systems, and services. Under the GameTech(R)
brand the company provides electronic bingo systems and equipment,
and is an innovator in advanced wireless gaming applications and
devices. Under the Summit Gaming (TM) brand the Company provides
video lottery terminal devices and related software and content.
GameTech International, Inc. serves customers in 43 U.S. States,
Canada, Japan, Mexico, Norway, Philippines, and the United Kingdom.
The company was incorporated in 1994 and is headquartered in Reno,
Nevada. Statements contained in this press release that are not
historical facts are intended to be forward-looking statements
subject to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements
include our potential expansion of business internationally, our
potential expansion of the Summit division's business, new product
and product feature developments, the success of our strategic
opportunities and initiatives, and expectations relating to
financial and operating results. GameTech cautions that these
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those reflected by the
forward-looking statements contained herein. Such factors include
our ability to successfully integrate, operate and grow Summit's
business, our dependence on the bingo and video lottery terminal
businesses, risks associated with rapid technological change, our
ability to retain customers and secure new customers, and other
factors disclosed in documents filed by the Company with the
Securities and Exchange Commission, including the Company's most
recently filed Annual Report on Form 10-K and Quarterly Reports on
Form 10-Q. Forward-looking statements speak only as of the date of
this release, and we undertake no obligation to update such
statements. DATASOURCE: GameTech International, Inc. CONTACT:
Deborah Crews of GameTech International, Inc., +1-775-850-6100, Web
site: http://www.gametech-inc.com/
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