Combined Remote Game Server patent portfolio
offers compelling technologies for digital and social
gaming
Remote Game Server patents can be sublicensed
to third parties to advance innovation in the gaming
industry
LONDON, Jan. 18,
2023 /PRNewswire/ -- International Game Technology
PLC (NYSE:IGT) ("IGT") and Greentube, the NOVOMATIC Digital Gaming
and Entertainment division, ("Greentube") today announced that they
have signed a patent cross-licensing agreement that includes
valuable patents related to remote game server (RGS) technologies
for providing games over a network. With the execution of this
agreement, IGT can offer the global gaming industry a patent
license to the combined RGS portfolios of IGT and Greentube.
Financial terms of the agreement have not been disclosed.
"This agreement continues the spirit of collaboration and
innovation that IGT seeks to foster in our industry," said
Renato Ascoli, IGT CEO Global
Gaming. "We look forward to providing the entire gaming
industry with the opportunity to license the combined RGS
portfolios of IGT and Greentube which cover compelling technologies
for delivering games to customers wherever they play."
"We are very pleased to reach this significant intellectual
property agreement with IGT, as Greentube continues to expand its
premium gaming products and solutions," said Thomas Graf, Greentube CEO. "The combined
RGS portfolios of Greentube and IGT are truly state-of-the-art,
representing a combined prowess and gaming industry leadership that
is well-positioned to fuel continued success."
Both companies will continue in their efforts to protect their
intellectual property, individually and through collaborations with
gaming industry developers and suppliers, in an effort to advance
innovation and excitement in the gaming market.
About IGT
IGT (NYSE:IGT) is a global leader in gaming.
We deliver entertaining and responsible gaming experiences for
players across all channels and regulated segments, from Lotteries
and Gaming Machines to Sports Betting and Digital. Leveraging a
wealth of compelling content, substantial investment in innovation,
player insights, operational expertise and leading-edge technology,
our solutions deliver unrivaled gaming experiences that engage
players and drive growth. We have a well-established local presence
and relationships with governments and regulators in more than 100
countries around the world and create value by adhering to the
highest standards of service, integrity, and responsibility. IGT
has approximately 10,500 employees. For more information, please
visit www.igt.com.
About Greentube
Step inside the "Home of Games" with
Greentube, delivering safe and secure casino entertainment to
players around the world. As the NOVOMATIC Digital Gaming and
Entertainment division, Greentube offers a diversified portfolio of
Video Slots, Table Games, AWP Reloaded Slots, Server-Based Gaming,
Social Casino Gaming, Video Bingo and more. Greentube's
Omni-channel technology is at the forefront of gaming innovation
and converges online, mobile and land-based gaming.
Cautionary Statement Regarding Forward-Looking
Statements
This news release may contain forward-looking
statements (including within the meaning of the Private Securities
Litigation Reform Act of 1995) concerning International Game
Technology PLC and its consolidated subsidiaries (the "Company")
and other matters. These statements may discuss goals, intentions,
and expectations as to future plans, trends, events, dividends,
results of operations, or financial condition, or otherwise, based
on current beliefs of the management of the Company as well as
assumptions made by, and information currently available to, such
management. Forward-looking statements may be accompanied by words
such as "aim," "anticipate," "believe," "plan," "could," "would,"
"should," "shall", "continue," "estimate," "expect," "forecast,"
"future," "guidance," "intend," "may," "will," "possible,"
"potential," "predict," "project" or the negative or other
variations of them. These forward-looking statements speak only as
of the date on which such statements are made and are subject to
various risks and uncertainties, many of which are outside the
Company's control. Should one or more of these risks or
uncertainties materialize, or should any of the underlying
assumptions prove incorrect, actual results may differ materially
from those predicted in the forward-looking statements and from
past results, performance, or achievements. Therefore, you should
not place undue reliance on such statements. Factors that could
cause actual results to differ materially from those in the
forward-looking statements include (but are not limited to) the
factors and risks described in the Company's annual report on Form
20-F for the financial year ended December 31, 2021 and other
documents filed from time to time with the SEC, which are available
on the SEC's website at www.sec.gov and on the investor
relations section of the Company's website at www.IGT.com.
Except as required under applicable law, the Company does not
assume any obligation to update these forward-looking statements.
You should carefully consider these factors and other risks and
uncertainties that affect the Company's business. All
forward-looking statements contained in this news release are
qualified in their entirety by this cautionary statement. All
subsequent written or oral forward-looking statements attributable
to International Game Technology PLC, or persons acting on its
behalf, are expressly qualified in their entirety by this
cautionary statement.
IGT Contacts
Phil
O'Shaughnessy, Global Communications, toll free in
U.S./Canada +1 (844) IGT-7452;
outside U.S./Canada +1 (401)
392-7452
Francesco Luti, Italian media
inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1
(401) 392-7190
Greentube Contact
Bernadett
Nagy
Head of Corporate Marketing & PR
Greentube GmbH
Phone: +43 1 90 171
press@greentube.com
© 2023 IGT
The trademarks and/or service marks used herein are either
trademarks or registered trademarks of IGT, its affiliates or its
licensors.
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SOURCE International Game Technology PLC