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Spintek Gaming Technologies Announces Appointment of Stan Banks as Vice President of Marketing.

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LAS VEGAS--(BUSINESS WIRE)--June 6, 2000

Spintek(R) Gaming Technologies Inc. (OTCBB:SPTK) today announced the appointment of Stan Banks to the position of vice president of marketing.

The addition of the well-known executive to Spintek's management team is designed to fully implement marketing strategies for the company's gaming and non-gaming product line.

"Spintek was aware that our marketing efforts needed professional guidance in order to be more effective," said Gary L. Coulter, chief executive officer and chairman of Spintek's board of directors. "Mr. Banks has the experience and knowledge in the field to achieve our goals. He is one of the best-known people in the gaming industry on both the casino and manufacturing sides. His addition to our team will have a fundamental impact on our market presence."

Banks comes to Spintek with more than 15 years of gaming industry experience. He began his career as director of slot operations at the Sands Hotel and Casino in 1985. After a short tenure with the Mirage, Banks became director of slot operations at the Las Vegas Hilton in 1990. In 1994, he went over to the manufacturing side of gaming, joining Casino Data Systems as director of gaming operations.

A year later, he joined Mikohn Gaming as the general manager and director of operations. In 1996, Caesars Palace Hotel Casino appointed him vice president of market development. Prior to joining Spintek, Banks was again on the supply side working in gaming product distribution and leasing operations.

"I'm excited about the opportunity to work with one of the most dynamic gaming manufacturing companies," commented Banks. "We've already put into motion a new advertising campaign and a new Web site. In the next few months, Spintek will build upon these efforts to make itself known as the leading technology innovator in the industry."

Spintek Gaming Technologies Inc. is a Nevada corporation based in Las Vegas whose focus is the development, acquisition and marketing of diversified technology, including unique gaming industry products. Spintek offers a new standard of operational coin control with AccuSystem, which brings a new level of gaming device security and management information to the casino industry. For the most current information on Spintek, visit the company's Web site at http://www.spintekgaming.com.

This news release may be deemed to contain forward-looking statements with respect to the financial condition, results of operations and projections of SPTK and its subsidiaries that involve risks and uncertainties, including, but not limited to, competition from other gaming equipment suppliers, licensing and other regulatory risks. Further, information on potential factors that could affect the financial conditions and results of operations of SPTK and its subsidiaries are included in the filings of SPTK with the Securities and Exchange Commission, including but not limited to SPTK's Form 10-KSB for the fiscal year ended June 30, 1999.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 6, 2000
Words:472
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