CDS Receives Nevada GCB Approval for BINGOMATIC; Newest Multi-Site Progressive Game to Go Live in Nevada Casinos.Business Editors LAS VEGAS--(BUSINESS WIRE)--April 19, 2001 Casino Data Systems (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 :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 the Company has received formal approval from the Nevada Gaming Control Board The Nevada Gaming Control Board, also known as the State Gaming Control Board, is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Commission. It was founded in 1955 by the Nevada Legislature. 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 gaming device -- BINGOMATIC(TM). This approval will allow the Company to commercialize its newest video slot progressive game in casinos throughout the state of Nevada. "The approval of BINGOMATIC is significant not only because it builds upon our prior successes, including Bandit bandit: see brigandage. Bingo and Jackpot Bingo, but because it brings us closer to our goals for recurring revenue products," said Dave Lucchese, V.P. of Games and Gaming for Casino Data Systems. "BINGOMATIC represents a new and innovative bingo game play with two bonus games and two progressive jackpots on a design that bingo and slot enthusiasts alike are sure to enjoy. We are excited about adding it to our rapidly growing family of multi-site progressive games." About BINGOMATIC: BINGOMATIC is an intriguing new 15-line video slot game based on Casino Data Systems' popular Bandit(TM) technology and adds a compelling and unique concept to CDS' family of bingo video slot games. After every 12 "spins" of a bingo ball symbol, the "bingo card Bingo cards are used to play various bingo games, including U.S. style bingo and UK style Housie. Cards are usually made of cardboard or non-reusable paper, but more and more bingo halls are beginning to use computerized cards. " scrolls up one line, creating a new bingo challenge with the player's existing "daubed daub v. daubed, daub·ing, daubs v.tr. 1. To cover or smear with a soft adhesive substance such as plaster, grease, or mud. 2. To apply paint to (a surface) with hasty or crude strokes. " numbers. When players line up three "bonus" symbols on the reels, they are taken to the exhilarating BINGOMATIC Bonus. At the start of the BINGOMATIC Bonus, a fresh "bingo card" is drawn and the player is awarded a random number of spins. As the grid of nine bingo balls spins, bingo card numbers are revealed. Matching bingo balls leap off the grid to "daub" the bingo card. The more spaces "daubed," the bigger the bonus reward. One or more "Bingos" multiplies the bonus reward by up to five times. Along with a base game that captivates players and bonus games that are both fun and rewarding, BINGOMATIC offers two high-paying progressive jackpots. The BINGOMATIC games will be added to the Company's current Jackpot Bingo progressive systems. 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 Web site 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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