RENO, Nev., Nov. 15, 2010 /PRNewswire/ -- GameTech
International, Inc. (Nasdaq: GMTC), a leading supplier of
electronic bingo equipment and video lottery terminals, today
commented on a recent increase in the volume and price of its
common stock on the NASDAQ Global Market.
"The trading volume in our Company's common stock has reached
extraordinarily high levels over the past two trading days.
In response to inquiries from shareholders and others, the
Company reports that it is not aware of any material development
which would account for the increase in share price and trading
volume," commented Bill Fasig, the
Company's President and Chief Executive Officer.
Company Overview: 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™
product brand the Company provides video lottery terminal devices,
gaming equipment, 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.
Safe Harbor Statement: 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 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.
SOURCE GameTech International, Inc.