Gaming Partners International Corporation Appoints Charles R. Henry to Board of Directors
June 19 2006 - 1:00PM
PR Newswire (US)
Retired Two-Star General Succeeds Benoit Aucouturier as Independent
Director LAS VEGAS, June 19 /PRNewswire-FirstCall/ -- Gaming
Partners International Corporation (NASDAQ:GPIC) announced today
that its Board of Directors has appointed Charles R. (Chuck) Henry
as a director and member of the audit committee and nominating and
governance committee for the Company, effective immediately,
subject to the gaming regulatory approvals, based on the Nominating
Committee's recommendation on June 9, 2006. As reported in the
Company's Form 8-K dated June 9, 2006, Benoit Aucouturier resigned
as a director and a member of the audit committee and nominating
and governance committee of the Company, effective June 30, 2006.
The Company believes that Mr. Henry meets the independence listing
qualifications the Nasdaq Stock Market, Inc., or NASDAQ,
composition requirements set forth in Marketplace Rule 4350(d)(2).
Mr. Henry is a retired two-star general, with 41 years of
leadership experience, a distinguished military career and an
advanced law degree. Mr. Henry is the current chief operating
officer and a board member of CEG Company in Rico Rica, Arizona, a
leading producer of military wiring harnesses for military
vehicles. Prior to that he was a consultant in Washington D.C. for
Sahara International, (NCED) on defense issues and was also
appointed CEO and President of the National Veterans Business
Development Corporation, part of Public Law 106-50, which was
created by Congress. From 1997 to 2001, Mr. Henry served as an
officer of LFR Levine Fricke, an environmental management and
consulting firm, which is an affiliate of GPIC's majority
shareholder. "We are honored to have Mr. Henry as a member of our
board," said Gerard P. Charlier, president and chief executive
officer of Gaming Partners International Corporation. "His stellar
military background and achievements and broad experience bring so
much to our company and we are looking forward to working with him
in the future." Mr. Henry holds an undergraduate degree in
economics from Middle Tennessee State University; with degrees at
the U.S. Army Command and General Staff College; Woodrow Wilson Law
School: J.D.; Woodrow Wilson Law School: L.L. M., and the U.S. Army
War College. About the Company GPIC manufactures and supplies
(under the brand names of Bourgogne et Grasset, Paulson, and Bud
Jones) gaming chips, table layouts, playing cards, dice, gaming
furniture, table accessories and other products that are used with
casino table games such as blackjack, poker, baccarat, craps and
roulette. GPIC is headquartered in Las Vegas, Nev., with offices in
Beaune, France; San Luis, Mexico; and Atlantic City, N.J. GPIC
sells its casino products directly to licensed casinos throughout
the world. For additional information about GPIC, visit our web
site at http://www.gpigaming.com/. This press release may contain
certain forward-looking statements that are subject to risks and
uncertainties. GPIC's expectations regarding operating results and
operating efficiencies, including the growth of new product
markets, may not be met. Factors that could cause actual results to
vary materially from these forward-looking statements include:
reduction in growth rate of new and existing casinos and markets,
particularly in Asia, failure of the industry to accept RFID
technology generally, or 125KHz or 13.56 MHx RFID technologies,
with respect to gaming chips and readers, potential patent
infringement issues, development of competing technologies by our
competitors, timing and volume of customer demand for our casino
products, customer cancellation of orders included in our backlog,
timing of new casino openings and expansions, failure of the
industry to accept RFID technology with respect to gaming chips and
readers, domestic or international terrorists incidents, and
unexpected taxes, charges, costs or difficulties in consolidating
the operations of the companies. Additional information concerning
factors and risks that could affect these statements and GPIC's
financial condition and results of operations are included in
GPIC's Form 10-K for the year ended December 31, 2005 and Form 10-Q
for the quarter ended March 31, 2006. DATASOURCE: Gaming Partners
International Corporation CONTACT: Gerard Charlier, Chief Executive
Officer of Gaming Partners International Corporation,
+1-702-384-2425; or Jerry Freisleben or John Foley, both of
Foley/Freisleben LLC, +1-213-955-0020, for Gaming Partners
International Corporation Web site: http://www.gpigaming.com/
Copyright
Gaming Partners International Corp. (NASDAQ:GPIC)
Historical Stock Chart
From May 2024 to Jun 2024
Gaming Partners International Corp. (NASDAQ:GPIC)
Historical Stock Chart
From Jun 2023 to Jun 2024