Progressive Gaming Awarded Contract for CasinoLink System by Casino Ljubljana in Slovenia.DE MEERN De Meern () is a town in the Dutch province of Utrecht. It is a part of the municipality of Utrecht, and lies about 5 km west of Utrecht. , The Netherlands -- Progressive Gaming International Corporation (Nasdaq:PGIC PGIC Pacific Gateway International College (British Columbia) ) (the Company), a leading supplier of integrated casino management systems and games for the gaming industry worldwide, announced today that in conjunction with their Slovenian-based agent Gaming Developer D.o.o., they have been awarded a contract to install its CasinoLink(TM) casino management system at Casino Ljubljana in Slovenia. CasinoLink provides real time slot Continuously repeating interval of time or a time period in which two devices are able to interconnect. accounting, player tracking, jackpot management and other floor management modules. Casino Ljubljana will implement the system in two phases, the first was completed during the fourth quarter of 2004, with the second phase expected to be complete in February 2005. Ales Peklenik, Chief Executive Officer of Casino Ljubljana stated, "Implementing a proven casino management system has been a major priority for our business. We carefully evaluated systems over the past year and are confident that Progressive Gaming's CasinoLink system provides the best solution to help us achieve both our short and long-term goals Long-term goals Financial goals expected to be accomplished in five years or longer. ." Executive Vice President of the Company's International Division Neil Crossan stated, "We are excited about securing our first complete CasinoLink install in the growing Slovenian market. In addition, this marks a significant milestone for the Company as the 20th CasinoLink installation in Europe at more than 75 sites." About Progressive Gaming International Progressive Gaming International is a leading supplier of Integrated Casino Management Systems and Games for the gaming industry worldwide. The Company develops and distributes an expanding array of slot and table games, plus management and progressive jackpot A progressive jackpot is a jackpot (highest payoff) for a gaming machine (usually a slot machine or video poker machine) where the value of the jackpot increases a small amount for every game played. systems. The Company is unique in the industry in offering management, progressive systems and games as a modular yet integrated solution. There is a Progressive Gaming International product in virtually every casino in the world. For further information, visit www.progressivegaming.net or www.mikohn.com. CasinoLink is a trademark of Mikohn Corporation. (C)2005. All rights reserved. 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: This release contains forward-looking statements of Mikohn Gaming Mikohn Gaming manufactures slot machines with a skill element in their bonus round. Some of the slot machine games produced by Mikohn gaming include:
Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. , relationships with casino operators, the overall industry environment, customer acceptance of the Company's new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation The recall of some power or authority that has been granted. Revocation by the act of a party is intentional and voluntary, such as when a person cancels a Power of Attorney that he has given or a will that he has written. of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions as well as the Company's debt service obligations. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Mikohn Gaming Corporation's most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. , as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur. |
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