Alliance Gaming and JCM American Sign Licensing Agreement for Cash Cage.LAS VEGAS--(BUSINESS WIRE)--Aug. 27, 1998--Alliance Gaming Corp. (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 :ALLY) Thursday announced it has signed a long-term agreement to license JCM JCM Journal of Clinical Microbiology JCM Journal of Chinese Medicine JCM Japan Collection of Microorganisms JCM Joint Common Missile JCM Journal of Conceptual Modeling JCM Joint Commission Meeting JCM Journal of Composite Materials JCM Job Characteristics Model American Corp. to be its exclusive manufacturer and distributor of the Cash Cage technology to casinos and gaming- equipment manufacturers worldwide. Cash Cage is a revolutionary new bill-dispensing system that enables slot machines to pay winners with bills or customized casino scrip instead of coins. This new technology will benefit casinos in several ways: -- Improve service by eliminating the need for customers to wait for a slot attendant to fill a coin hopper or pay a jackpot. These waits are often 30 minutes or more. -- Reduce operating costs operating costs npl → gastos mpl operacionales by as much as 90 percent through fewer coin-hopper fills and hand payouts. -- Improve casino cage accounting efficiency. -- Increase security, due to fewer operations performed by hand. Alliance Gaming Alliance Gaming NYSE: AGI is a Las Vegas, Nevada based manufacturer of slot machines and casino management software. History On June 18, 1996 merged with Bally Gaming International. will earn a royalty from JCM American for each unit shipped. The Cash Cage technology will be demonstrated at the World Gaming Congress 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. on Sept. 22-24. Cash Cage is in the process of being filed with gaming regulators and plans are to begin distribution in the March 1999 quarter. "Although we expect the sales ramp to be paced," commented Morry Goldstein, Alliance Gaming president and chief executive officer, "we expect the Cash Cage unit volume to be substantial. It's simple, bullet proof and casino customers will love it. We expect other forms of cashless gaming to appear but all are compatible with the Cash Cage." JCM American, an industry leader since 1955, manufactures the cash-handling equipment for many industries. JCM bill acceptors have the highest acceptance rate and the best security, and have been recognized worldwide as the industry standard for gaming since 1991. Alliance Gaming is a diversified gaming company with headquarters in Las Vegas. The company is engaged primarily in the design, manufacture and distribution of advanced gaming devices and systems worldwide and is the nation's largest gaming machine See video game console. route operator and operates two regional casinos A Regional Casino, more commonly known as a Super Casino (or occasionally known as Mega Casino or variants) is the term given to the largest category of casino permitted under English law. .
CONTACT: Alliance Gaming Corp., Las Vegas
Scott Schweinfurth, 702/270-7625
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