Quixant PLC New Multi-Year Contract with Ainsworth (3745Z)
February 05 2014 - 8:17AM
UK Regulatory
TIDMQXT
RNS Number : 3745Z
Quixant PLC
05 February 2014
5 February 2014
Quixant plc
("Quixant" or the "Company")
New Multi-Year Contract with Ainsworth Game Technology
Quixant (AIM:QXT), a leading provider of specialised computing
platforms for casino gaming machine applications, is pleased to
announce that it has signed a multi-year contract with Ainsworth
Game Technology (ASX: AGI) ("Ainsworth"), a premier manufacturer of
global gaming solutions.
Under the terms of the agreement, Quixant will supply Ainsworth
with a new series of computer platforms for its gaming machine
products for a five year duration through to 2019. Ainsworth is an
existing customer and Quixant has supplied them since 2007.
The new agreement extends Quixant's already strong relationship
with Ainsworth for the supply of specialised computer gaming
platforms, supporting the ongoing success of their gaming
machines.
Danny Gladstone, CEO of Ainsworth commented: "Quixant and
Ainsworth have both experienced several years of strong growth and
we are pleased to be extending this relationship. Our A560 range of
gaming machines is delivering class leading performance in
jurisdictions worldwide."
Nick Jarmany, CEO of Quixant commented: "Quixant has enjoyed a
strong and lengthy relationship with Ainsworth and we are very
proud to continue to be the supplier of computer gaming platforms
to drive their exciting range of gaming machines. We are delighted
to have extended this supply relationship with a company known for
its high performing gaming machines and look forward to many more
years of mutual benefit."
For further information please contact:
Quixant plc Tel: +44 (0) 1223 892696
Nick Jarmany, CEO
Jon Jayal, General Manager
Nominated Adviser and Broker: Tel: +44 (0) 207 131 4000
Smith & Williamson Corporate Finance Limited
Azhic Basirov, Siobhan Sergeant, Oliver Cummings
Financial PR: Tel: +44 (0) 207 653 9850
Newgate Threadneedle
John Coles, Fiona Conroy, Hilary Millar
About Quixant
Quixant, founded in 2005, designs and manufactures complete
advanced hardware and software solutions (Gaming Platforms) for the
pay-for-play gaming and slot machine industry. The Company is
headquartered outside of Cambridge in the UK. Quixant UK Ltd is
responsible for the group's global (excluding North America) sales
function and its Las Vegas based subsidiary, Quixant USA Inc, is
responsible for sales and sales support to the North American
market. Quixant has its own manufacturing and engineering operation
in Taiwan, which has evolved with the rapid growth of the Company.
Quixant's Italian subsidiary, Quixant Italia, houses the Group's
software engineering and customer support team.
Quixant's high quality, specialised products provide an
all-in-one solution, based on PC technology but with augmentative
hardware features and operating software developed specifically to
address the requirements of the gaming industry. Products feature
innovative mechanical designs which are optimised for operation in
the gaming and slot machine environment. Quixant's proprietary
hardware and embedded software is flexible in its design, enabling
Quixant to easily respond to changes in regulation or customers
operating in different markets or jurisdictions.
About Ainsworth Game Technology
Ainsworth Game Technology is a premier manufacturer of global
gaming products committed to a culture of quality, innovation and
excellence. AGT distributes a range of gaming products,
entertaining standalone progressives and linked games through its
sales offices and distributors in Australia, New Zealand, Asia, USA
and Europe. AGT is an Australian publicly listed company (ASX code:
AGI) headquartered in Newington, Sydney, Australia.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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