CDS' OASIS is the First Comprehensive Casino Management System to Go Live in California.Business Editors LAS VEGAS--(BUSINESS WIRE)--July 6, 2000 Casino Data Systems (Nasdaq: CSDS CSDS Cluster Science Data System CSDS Center for Secure and Dependable Systems CSDS Center for the Study of Democratic Societies CSDS Cardiovascular System Dynamics Society CSDS Cache Satellite Distribution System CSDS Control Speed Drive Starter ) announced today that its OASIS(TM) v.11 casino management system is in operation at the Sycuan Casino making OASIS the first casino management system of its kind to go live in a California casino since the passage of the State's Proposition 1A on March 7, 2000, an initiative which authorized a wider range of gaming operations on tribal lands in California. The OASIS v.11 system will monitor the Sycuan Casino's 803 gaming devices. The installation also includes PitBOSS(TM), the company's pit, cage, and credit information system, to monitor the casino's 27 table games. The Sycuan Casino has also agreed to purchase CDS' Redemption Kiosk and Ticket systems, pending GLI GLI Glider GLI Greater Louisville Inc. (Metro Chamber of Commerce in Louisville, KY) GLI Global Imager GLI Great Lakes Invitational (college hockey tournament) GLI Great Lakes Water Quality Initiative approval of these modules. "While there are player tracking systems already in operation in California, OASIS is the first new comprehensive casino management system -- player tracking, slot accounting and operation modules all integrated into one system -- to be installed in the state's casinos," said Van Baltz, Vice President of OASIS Systems for Casino Data Systems. "We're pleased that the reception for OASIS in California has been so tremendous. Currently, CDS is in various stages of signing contracts with ten tribal casinos." OASIS v.11 is based on the popular Windows(R) operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. , and provides casino management with a system that is fast, accurate and easy to use. OASIS uses advanced electronic monitoring equipment to collect, integrate, analyze and report information on player and machine activity and enables operators to seamlessly link all of their data centers together, including casino, hotel, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , and point of sale. More than 135,000 gaming machines See video game console. in over 115 casinos across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. are now being monitored by CDS' OASIS systems, which are offered in both DOS and Windows(R)-based platforms. The OASIS v.11 system was recently approved by Gaming Laboratories International ("GLI") for sale in various gaming jurisdictions across the country, including California. "The fact that CDS' gaming devices and casino management system were the first of their kind to be legally operational in California casinos signifies the confidence and value that California tribal operators place in CDS and its products," said Steven A. Weiss, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Casino Data Systems. "California is already exceeding our expectations and should remain an attractive market for Casino Data Systems for years to come." Casino Data Systems is a leading designer, manufacturer and distributor of innovative, technology-driven products for the gaming industry. The Company's diversified product line reaches into virtually all facets of the casino floor, including casino management systems, games and meters, multiple site progressive systems and casino signage. For more information, visit the Company's website at www.csds.com. 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. (statements which are not historical fact) in this release are made pursuant to the 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. provisions of 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. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including the following: changes in economic conditions, general competitive factors, the Company's ability to execute its service and product sales plans and uncertainties detailed in the company's filings with the Securities and Exchange Commission. |
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