Bally Technologies Announces Appointment of Robert C. Caller as Chief Financial Officer
March 13 2006 - 5:00PM
PR Newswire (US)
LAS VEGAS, March 13 /PRNewswire-FirstCall/ -- Bally Technologies,
Inc. (NYSE:BYI), formerly Alliance Gaming Corp., announced today
the appointment of Robert C. Caller, an Ernst & Young veteran,
as the Company's new Executive Vice President, Chief Financial
Officer and Treasurer, effective April 1, 2006. The Company's
current CFO, Steven Des Champs, will remain with the Company,
taking on a new role as Senior Vice President of Business Analysis.
Caller started his career with Ernst & Young, a global leader
in professional services, in Houston in 1972 and was admitted to
partnership in 1983. He served in the firm's Albuquerque, N.M.,
office from 1987-1991, the last two years as Managing Partner.
Caller moved on to lead as a partner in Ernst & Young's Denver
operation where he has served since 1991. Caller's current list of
clients includes six publicly traded companies and he also has
experience serving clients in the gaming industry. "Robert and I
previously worked together at Ernst & Young's Denver office and
I'm very pleased he is joining our company," said Richard Haddrill,
CEO of Bally Technologies. "We will benefit from his extensive
experience in accounting, public reporting and management and from
the fresh perspective he will bring to our operation." Haddrill
added, "Along with Robert's appointment, we have also been able to
fill several other key finance and accounting positions recently,
including Vice President of Finance-Corporate Controller, Vice
President of Accounting and Director of Finance, all of which are
key to bolstering the Company's resources in these critical areas.
I am also pleased that Steve Des Champs, Senior Vice President,
will be responsible for international finance, budgeting and
forecasting and treasury." As an inducement to join Bally and
contribute to building shareholder value, Caller will be awarded an
option to acquire 175,000 shares of Bally's common stock at a price
per share equal to the market price of Bally's common stock on the
date he is first employed. The options will vest over a 42-month
schedule. The Company continues to make progress on the completion
of its form 10-Q filings for both the September 30, 2005 and
December 31, 2005 quarters. The Company believes that such filings
will likely be filed within three weeks, and at that time the
Company will hold a conference call for investors. With a history
dating back to 1932, Las Vegas-based Bally Technologies designs,
manufactures, operates and distributes advanced gaming devices,
systems and technology solutions worldwide. Bally's product line
includes reel-spinning slot machines, video slots, wide-area
progressives and Class II, lottery and central determination games
and platforms. As the world's No. 1 gaming systems company, Bally
also offers an array of casino management, slot accounting,
bonusing, cashless and table management solutions. The Company also
owns and operates Rainbow Casino in Vicksburg, Miss. Additional
information on the Company can be found at
http://www.ballytech.com/. This news release may contain
"forward-looking" statements within the meaning of the Securities
Act of 1933, as amended, and is subject to the safe harbor created
thereby. Such information involves important risks and
uncertainties that could significantly affect the results in the
future and, accordingly, such results may differ from those
expressed in any forward-looking statements. Future operating
results may be adversely affected as a result of a number of risks
that are detailed from time to time in the company's filings with
the Securities and Exchange Commission. Investor Contact: Mark
Lipparelli (702) 584-7600 Media Contact: Marcus Prater (702)
584-7828 DATASOURCE: Bally Technologies, Inc. CONTACT: Investors,
Mark Lipparelli, +1-702-584-7600, , or Media, Marcus Prater,
+1-702-584-7828, , both of Bally Technologies, Inc. Web site:
http://www.ballytech.com/
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