Alliance Gaming and Spintek Gaming Technologies Jointly Announce Interface Between SDS Slot Accounting and AccuSystem.LAS VEGAS--(BUSINESS WIRE)--Sept. 22, 1998--Spintek Gaming Technologies (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:SPTK SPTK Self Paced Training Kit ) and 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. Corp. (Nasdaq:ALLY) Tuesday jointly announced that an interface has been effected between Alliance Gaming's SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. Slot Accounting System and Spintek's AccuSystem hopper-monitoring technology. The interface will allow SDS to present hopper-coin-level data from slot machines as part of the reporting functions of SDS. "Spintek and Alliance's Bally bally Adjective, adv Brit old-fashioned, slang extreme or extremely: a bally nuisance, he's too bally charming for his own good Adj. 1. Gaming and Systems personnel have worked closely on this project since October 1997, and we believe this interface will be greatly beneficial to both parties," remarked Gary L. Coulter, Spintek chairman and chief executive officer. "The Bally SDS system is one of the dominant slot accounting systems used in the gaming industry. Once approved, AccuSystem will be more readily available to Bally Gaming and Systems' customers as part of their overall slot accounting and revenue enhancement revenue enhancement An increase in revenues, especially by way of increased taxes. Revenue enhancement includes reducing taxpayer deductions and eliminating tax credits. strategies," Coulter continued. "We look forward to offering our customers the added features of Spintek's AccuSystem through the SDS system," stated Morry Goldstein, president and chief executive officer of Alliance Gaming. "In addition to reporting the number of coins in the hopper, AccuSystem, when linked to SDS, will provide customers with enhanced features such as counterfeit-coin-detection notification. "The Spintek hopper can be simply and economically implemented as an optional feature for customers who have SDS release 7.0 or higher," Goldstein added. Alliance Gaming is a diversified gaming company with headquarters 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. . Alliance is engaged primarily in the design, manufacture and distribution of advanced gaming devices and systems worldwide; is the nation's largest gaming-machine-route operator; and operates two regional casinos. Spintek Gaming Technologies is a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. based in Las Vegas whose focus is the development, acquisition and marketing of diversified technology, including unique gaming-industry products. Spintek offers a new standard of operational coin control with AccuSystem, which brings a new level of gaming-device security and management information to the casino industry. This news release may be deemed to contain forward-looking statements with respect to the financial condition, results of operations and projects of SPTK and its subsidiaries which involve risks and uncertainties, including but not limited to competition from other gaming operations, licensing and other regulatory risks. Further information on potential factors which could affect the financial conditions and results of operations of SPTK and its subsidiaries are included in the filings of SPTK with the Securities and Exchange Commission, including but not limited to SPTK's Form 10-KSB/A for the fiscal year ended June 30, 1997. |
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