Casino Software Appoints Chief Financial Officer, HomeTown Buffet, Inc. Veteran Glenn Glasshagel.LAS VEGAS--(BUSINESS WIRE)--Sept. 12, 1996--CSCC CASINO SOFTWARE (VSE See DOS/VSE. VSE - Virtual Storage Extended : CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. ) The Casino Software Corporation of America(TM), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CSCC today announced the appointment of Glenn Glasshagel to the position of Executive Vice President and Chief Financial Officer of the corporation. Prior to joining the Casino Software Corporation, Mr. Glasshagel served as Vice President of Finance, Treasurer and Chief Financial Officer of HomeTown Buffet Inc., a $250 million dollar company based in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. where he was principally involved with three successful public stock and debt offerings valued at over $100 million. In commenting on the appointment CSCA President and CEO Roland Thomas said, "We are very fortunate to have a quality financial professional such as Glenn Glasshagel to round out our high growth management team." Mr. Thomas went on to note that "Glenn's sophisticated experience in public securities placements and complex financial structures will be particularly significant to our company in light of recent and ongoing associations with Deutsche Morgan Grenfell and institutional investors." Mr. Glasshagel's association with HomeTown Buffet started in 1992 as that company expanded from three retail units to the more than 100 outlets. HomeTown Buffet was recently acquired by Minnesota based Buffet's Inc. forming an $850 million food-service company which presently trades on the 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 stock exchange. Mr. Glasshagel will be based in the Casino Software Corporation's Las Vegas, Nevada office where the company maintains its U.S. based Sales and Marketing office for CasinoWare(TM). In July, the Casino Software Corporation received 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. to begin marketing CasinoWare(TM) a suite of unique, seamlessly integrated, multi-tasking software modules designed to allow casinos to more easily and accurately manage game play and cash handling, including the ability to track and improve table game profits as well as other personnel-related efficiencies. -0- The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved or disapproved the information contained herein. CONTACT: CSCC Casino Software Corporation Thomas Bell, 604/231-8007 800/933-2773 Lindsay A. MacLeod, 604/231-8007 800/933-2773 |
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