Aristocrat Announces Multi-Million Dollar South American Contract.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--Nov. 19, 2001 Aristocrat Technologies Inc. with its distributor, Caravell Gaming S.A.C., Monday announced the receipt of a multi-million dollar contract from Corporacion Meier S.A.C. of Lima, Peru. The contract covers the installation of 3,000 Aristocrat games at Corporacion Meier's group of gaming venues located throughout Peru. The transaction will be executed by Caravell, which was appointed Aristocrat's distributor close to two years ago and handles the Peru, Columbia and Panama gaming markets for the company. "This represents one of the largest ever orders for the company in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. ," stated Mark Newburg, president of Aristocrat Technologies Inc. "It is a significant milestone for the company and reflects the efforts to increase our market share in South America." Newburg explained that Aristocrat has begun modifying product to satisfy the needs of the South American market including integrating Spanish language Spanish language, member of the Romance group of the Italic subfamily of the Indo-European family of languages (see Romance languages). The official language of Spain and 19 Latin American nations, Spanish is spoken as a first language by about 330 million persons software and graphics. "We have such high expectations for the South American market that we have even gone to the extent of developing specific games, such as our INCA SUN(TM) game, which depicts Peruvian style and characteristics," concluded Newburg. One of the most progressive gaming operators in Peru, Corporacion Meier is in partnership on two casinos and operates a dozen other gaming route venues. It also expects to open a third casino shortly. The first 1,000 Aristocrat games will be installed by the end of the year with the remaining scheduled over the next six months. "Aristocrat games have been well received in our market," said Luis Fuentealba Meier, general manager of Corporacion Meier SAC. "In particular, we choose Aristocrat not only for the current performance of their games but also for their extensive game library." "We are pleased to be working with both companies," Fuentealba continued, "and we look forward to working with them on other projects in the near future." Aristocrat Technologies Inc., the U.S. subsidiary of global gaming leader Aristocrat Leisure Aristocrat Leisure Limited ASX: ALL is an Australian company, which has its administrative centre in the Sydney suburb of Lane Cove, although the majority of its research and development is done at its Rosebery site. Limited, is responsible for all North and South American operations 'South American' operation Surgical oncology A radical operation for 'frozen' pelvis, which consists of en bloc resection of the uterus and rectum. See Frozen pelvis. Cf 'All-American' and 'North American' operations. from its 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. . With its acquisition of Casino Data Systems in June 2001, Aristocrat now offers a diversified product line that reaches into virtually all facets of the casino floor. In addition to both video and stepper step·per n. 1. One that steps, especially in a fast or spirited manner. 2. Informal A dancer. Noun 1. slots, the company provides casino management systems, multi-site progressive (MSP (1) (Management Service Provider or Managed Service Provider) An organization that manages a customer's computer systems and networks which are either located on the customer's premises or at a third-party datacenter. ) systems, progressive jackpot meters and customized overhead sign packages. From its worldwide headquarters in Sydney, Australia, Aristocrat pioneered the gaming industry move to video slot technology and operates in more than 30 countries. The company employs 2,200 people across the globe and draws annual revenues in excess of A $540 million. For further information, visit www.aristocrattechnologies.com. Statements in this release which are not historical facts are "forward looking" statements and "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statements under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the company's public filings. Inca Sun is a registered trademark of Aristocrat Technologies Inc. |
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