Advanced Gaming Technology Receives Orders For Electronic Units.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 23, 2001 Advanced Gaming Technology Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADVI) today announced that the company has received orders from customers for the lease of more than 700 electronic bingo bingo Game of chance played with cards having a grid of numbered squares corresponding to numbered balls drawn at random. When a number on the card is drawn, the players cover that number (should they have it); the game is won by covering a certain number of squares in a row units. The installations will utilize the new release of the company's electronic bingo system. The installations will be completed during January and February of 2001. Advanced Gaming Technology provides proprietary technology to the gaming industry. The primary product offering has been the electronic bingo system. The new release of the system introduced in December of 2000 emphasizes the company's commitment to bingo technology. In January of 2000, the company formed TravelSwitch llc, a global Internet-based travel company, in an effort to diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. operations. TravelSwitch specializes in travel arrangements for 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. visitors through the Internet sites www.777LasVegas.com and www.PlayVegas.com. These sites provide hotel reservations, airfare air·fare n. Fare for travel by aircraft. Noun 1. airfare - the fare charged for traveling by airplane fare, transportation - the sum charged for riding in a public conveyance and car rentals, as well as entertainment, restaurant and gaming information. Advanced Gaming Technology owns 22% of TravelSwitch. Information about products and services is available from the company's Web site, www.AGTGaming.com. This news release contains certain 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. within the meaning of section 21E of the Securities Exchange Act of 1934, as amended, and other applicable securities laws. Such forward-looking statements are subject to inherent risks and uncertainties, and actual results could differ materially from those anticipated by the forward-looking statements. |
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