CDS Receives GLI Approval for Jackpot Bingo, Newest Multi-site Progressive Link to Go Live in Native American Casinos.Business Editors & High-Tech/Gaming Writers LAS VEGAS--(BUSINESS WIRE)--Nov. 22, 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 ) today announced that the company has received formal approval from Gaming Laboratories International Inc. ("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 "), an independent testing company, for its newest 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. ) jackpot system -- Jackpot Bingo(TM). This approval will allow the company to commercialize its newest video slot progressive link in several domestic and international gaming jurisdictions including, but not limited to, the states of California, Connecticut, Iowa, Kansas, Louisiana, Michigan, Minnesota, Missouri, New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). , South Dakota and Wisconsin. Based on CDS' popular Bandit bandit: see brigandage. Series multimedia technology, Jackpot Bingo is a multi-site progressive link featuring a five-reel, 15-payline video slot game with a wager of up to 30 credits and a high-hit-frequency base game. Jackpot Bingo also includes a high-paying bingo card bonus round as well as two rapid-hit progressive jackpots, giving players more ways to win. "We are delighted to receive the approval of Jackpot Bingo from GLI," said Dave Lucchese, vice president of Games and Gaming for Casino Data Systems. "The customer response to this product has been very enthusiastic. We are excited about the placement of Jackpot Bingo in a significant number of tribal casinos participating on the Native American link, with 140 units already ordered. Jackpot Bingo has been in operation in Nevada since mid-August, and is present in over 40 casinos with 225 games in operation and an additional 65 units on order." 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 (statements that 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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