Acres Gaming Awarded New Patent.CORVALLIS, Ore.--(BUSINESS WIRE)--Jan. 20, 1998--Acres Gaming (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AGAM AGAM Ambiente Gas Acqua Monza SpA (Italian) ) announced today that the U.S. Patent and Trademark Office has issued to Acres Gaming a new patent protecting the illuminated card reader used in the combined IGT IGT impaired glucose tolerance. Gaming Systems/Acres Bonusing System. The illuminated card reader not only makes it easier for players to find where to insert their card, it can also communicate to them their eligibility for special bonus awards. "This patent protects yet another innovation we have brought to the market while furthering our mission to make gaming machines See video game console. more entertaining and fun to play," said John Acres, Chairman and Chief Executive Officer of Acres Gaming and a listed inventor on the new patent. "We expect a number of additional patents to be issued which will help us solidify our position as the industry leader in bonusing promotions." Acres Bonusing System makes possible a variety of powerful bonusing options. Casinos can reward their best customers with Personal Progressive, Welcome Back, Match Play and other bonuses. These bonusing promotions are helping casinos to be more profitable while bringing greater entertainment value to the player. Acres Gaming provides products and services to gaming equipment manufacturers and casinos worldwide, using its proprietary Acres Bonusing Technology to increase player enjoyment and casino efficiency and profitability. The Company is based in Corvallis, Ore. and has a sales and service office in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nev. The discussion in this press release regarding pending patent applications contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. (as defined in Section 27A of the Securities Act of 1933, as amended) that involve risks and uncertainties, including the possibility that issuance of additional patents may not occur as anticipated, technological or market changes may make such patents less valuable, changes may occur in federal or state laws or the administration of such laws, and the other risks detailed from time to time in the company's SEC reports including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended June 30, 1997. Actual results may differ mat or |
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