VendingData(TM) Corporation Hires H. Michael Jahnke as Chief Operating Officer
February 17 2004 - 8:30AM
PR Newswire (US)
VendingData(TM) Corporation Hires H. Michael Jahnke as Chief
Operating Officer LAS VEGAS, Feb. 17 /PRNewswire-FirstCall/ --
VendingData(TM) Corporation (BULLETIN BOARD: VNDC) , a manufacturer
and distributor of products for the gaming industry thatare
intended to increase customers' security, productivity and
profitability, has announced that it has appointed H. Michael
Jahnke as its chief operating officer. Mr. Jahnke will be
responsible for overseeing all domestic, day-to-day operations
whileSteven Blad, VendingData's president and CEO, will focus on
the manufacturing operation in China and on developing the
international markets as new products are released this
Spring/Summer 2004. Mr. Jahnke has spent the past 15 years in
senior operating positions of leading-edge technology companies.
His most recent experience includes positions as vice president of
operations, corporate secretary and (acting) CFO for WireCACHE,
Inc.; and vice president of sales and marketing for Fios, Inc.;
Most notably, Mr. Jahnke served as vice president of worldwide
sales operations for Sequent Computer Systems, Inc., a global
supplier of Intel- based servers for high-volume,
transaction-oriented data center applications with 38 worldwide
sales offices -- Sequent was acquired by IBM during which Mr.
Jahnke was responsible for the integration of the merger, which
resulted in the subsequent formation of IBM's Web Server division.
While at Sequent, Mr. Jahnke led worldwide sales operations and
remarketed system sales for a direct end-user sales channel,
driving Sequent's revenue growth from $140 million to $850 million.
He also managed the operations of six corporate departments,
including worldwide sales support, worldwide technical support,
global remarketed systems group, global major accounts and the
deployment of CRM. Mr. Jahnke served on the board of directors for
Sequent Foundation and as president and director of Team Gilboa, a
Youth Olympic Ski Team. Steven Blad, CEO and president of
VendingData(TM) Corporation commented, "Mike is a proven corporate
leader that brings depth to our executive management team. As I
focus more of my time on the introduction of the
PokerOne(TM)Shuffler, RandomPlus(TM)Shuffler, Deck-Checker(TM) and
SecureDrop(R) products into Macau and other international markets,
Mike will assume many of my domestic responsibilities in order to
keep our growth momentum accelerating in the U.S. I believe Mike's
operating and marketing expertise will solidify our executive
teamand further our efforts to build shareholder value." About
VendingData(TM) Corporation VendingData(TM) Corporation is a Las
Vegas-based developer, manufacturer and distributor of products for
the gaming industry including the SecureDrop(R) System,
Deck-Checker(TM) and Random Ejection Shuffler(TM) line. The
Company's products are currently installed in casinos throughout
the United States, including Caesars Palace, Circus Circus,
Harrah's Entertainment, Luxor, Oneida Bingo & Casino and the
Venetian.International customers include casinos in Argentina,
China, Columbia, Korea, Malaysia, Peru, United Kingdom, and
Uruguay. Visit the VendingData Web site at
http://www.vendingdata.com/. This release contains forward-looking
statements. Such statements reflect and are subject to risks and
uncertainties that could cause actual results to differ materially
from expectations. Factors that could cause actual results to
differ materially from expectations include, but are not limited
to, the following: changes in the level of consumer or commercial
acceptance of the Company's existing products and new products as
introduced; competitive advances; acceleration and/or deceleration
of various product development and roll out schedules; higher than
expected manufacturing, service, selling, administrative, product
development and/or roll out costs; current and/or unanticipated
future litigation; regulatory and jurisdictional issues involving
VendingData(TM) Corporation or its products specifically, andfor
the gaming industry in general; general and casino industry
economic conditions; the financial health of the Company's casino
and distributor customers both nationally and internationally;
compliance with foreign laws and regulations; and the risks and
factors described from time to time in the Company's reports filed
with the Securities and Exchange Commission. For further
information please contact Jessica Neville, Vice President,
Marketing and Public Relations of VendingData(TM)
Corporation,+1-702-733-7195 x121, ; or Yvonne L. Zappulla, Managing
Director of Wall Street Investor Relations Corp., +1-212-681-4108,
for VendingData(TM) Corporation.
http://www.newscom.com/cgi-bin/prnh/20020325/LAM034LOGO
http://photoarchive.ap.org/ DATASOURCE: VendingData(TM) Corporation
CONTACT: Jessica Neville, Vice President, Marketing and Public
Relations of VendingData(TM) Corporation, +1-702-733-7195 x121, ;
or Yvonne L. Zappulla, Managing Director of Wall Street Investor
Relations Corp., +1-212-681-4108, for VendingData(TM) Corporation
Web site: http://www.vendingdata.com/
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