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Spectre Gaming Announces Agreement With Alliance Gaming to Supply Spectre With Bally Machines and Titles for Class II Markets EL CAJON, Calif., July 12 /PRNewswire-FirstCall/ -- Spectre Gaming, Inc. (OTC:SGMG) (BULLETIN BOARD: SGMG) announced today that it has entered into a multi-year agreement with Alliance Gaming Corporation (NYSE:AGI), through its Bally Gaming and Systems business unit, to supply Spectre with Bally's gaming machines and licenses for game titles for the Class II and charitable gaming markets. The agreement contemplates the purchase of up to three thousand (3,000) gaming machines over the next three years, and the immediate licensing of over 250 game titles and themes. Russell Mix, CEO of Spectre, stated, "This partnership with Alliance Gaming is a statement that Spectre Gaming will become a leading supplier in the Class II marketplace. Our unique market strategy combining Bally's devices and titles with our superior technology will give us the ability to deliver more value to our customers and create a competitive advantage over other companies that currently exist in the marketplace." Mix went on to say, "I have worked closely with several of the executive management team at Bally over the years and look forward to working with them on this new endeavor. During the past several months we have enjoyed working with the team at Bally to finalize our products. Both companies will continue to work in a collaborative manner to design, develop and enhance future product offerings." "This agreement with Spectre Gaming continues to expand the Bally presence in the Class II marketplace," said Robert Miodunski, President and Chief Executive Officer of Alliance Gaming. "Spectre is building a strong and proven management team and we look forward to working with them and supplying them with some of the best equipment and titles in the business. In particular, we're pleased to support Spectre and its plan to introduce a unique line of Bally hybrid reel-video machines to Class II markets." Spectre Gaming, Inc., with offices at 1466 Pioneer Way, El Cajon California, 92020, is a provider of interactive electronic games to the rapidly growing Native American Class II, Class III and charitable gaming markets. The Company designs and develops networks, software and content that provide its customers with a comprehensive gaming system. Alliance Gaming is a diversified gaming company with headquarters in Las Vegas. The Company is engaged in the design, manufacture, operation and distribution of advanced gaming devices and systems worldwide and operates Rainbow Casino in Vicksburg, Miss. Additional information can be found at http://www.alliancegaming.com/ . Statements made in this release which are not historical in nature are referred to as forward-looking statements, should be viewed as uncertain and should not be relied upon. These statements include, but are not limited to whether Spectre will become a leading supplier in the Class II marketplace and Spectre's ability to obtain a competitive advantage over other companies by virtue of the transactions discussed herein. DATASOURCE: Spectre Gaming, Inc. CONTACT: Russell Mix or Brian Niebur, both for Spectre Gaming, Inc., +1-612-279-2030 Web site: http://www.alliancegaming.com/

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