GameTech and Lancaster Bingo Company Enter Into Distribution Partnership for the Kentucky Market
July 22 2009 - 1:37PM
PR Newswire (US)
RENO, Nev., July 22 /PRNewswire-FirstCall/ -- GameTech
International, Inc. ("GameTech ") (NASDAQ:GMTC), a leading
designer, developer and manufacturer of electronic bingo, gaming
equipment, gaming systems, and video lottery terminals, announced
today that it has entered into a distributor agreement with
Lancaster Bingo Company, one of the leading distributors of bingo
products, services and games in the Midwest. With this agreement,
Lancaster Bingo Company will market, sell and support GameTech
products to bingo operators specifically in the Kentucky market.
This agreement expands the opportunities for both GameTech and
Lancaster to provide bingo customers in Kentucky with the most
innovative and compelling bingo products and solutions in the
market today. "Kentucky is a unique and exciting market for
charitable bingo," said Jay Meilstrup, GameTech President and Chief
Executive Officer. "We are very happy to have the additional
opportunities our partnership with Lancaster provides to further
grow our business in Kentucky, and be able to reach even more
customers with GameTech's products. We have seen from experience
that every time we expand our market opportunities for our
products, we are able to deliver real value and performance for our
bingo customers. Our new Lancaster partnership will help us do just
that." GameTech International, Inc. is in the business of
designing, manufacturing, and marketing computerized bingo and
gaming equipment, systems, and services. Under the GameTech product
brand the company provides electronic bingo systems and equipment,
and is an innovator in advanced wireless gaming applications and
devices. Under the Summit Gaming(TM) product brand the Company
provides video lottery terminal devices, Class III gaming machines,
and related software and content. GameTech International, Inc.
serves customers in 43 U.S. States, Canada, Japan, Mexico, Norway,
Philippines, and the United Kingdom. The company was incorporated
in 1994 and is headquartered in Reno, Nevada. Statements in this
press release that are not historical facts are intended to be
forward-looking statements subject to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. GameTech
cautions that these statements are qualified by important factors
that could cause actual results to differ materially from those
reflected by the forward-looking statements contained herein. Such
factors include risks associated with doing business in a regulated
industry, our ability to retain customers and secure new customers,
risks associated with rapid technological change, and those
disclosed in documents filed by the Company with the Securities and
Exchange Commission, including the Company's most recently filed
Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
GameTech does not intend, and undertakes no obligation, to update
our forward-looking statements to reflect future events or
circumstances DATASOURCE: GameTech International, Inc. CONTACT:
Investor Relations, Marcia Martin, or Sales and Marketing, Tim
Minard, both of GameTech International, Inc., +1-775-850-6000 Web
Site: http://www.gametech-inc.com/
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