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SHUFFLE MASTER, INC. FILES FOR PUBLIC OFFERING

 SHUFFLE MASTER, INC. FILES FOR PUBLIC OFFERING
 EDEN PRAIRIE, Minn., Oct. 29 /PRNewswire/ -- John Breeding,


president of Shuffle Master, Inc. (the company) announced today that the company had filed a Registration Statement with the Securities and Exchange Commission relating to the proposed offer by the company of 1,500,000 shares of common stock at a proposed offering price of $3.50 per share (not including an underwriters' over allotment option). All shares are being offered on behalf of the company. The offering is being managed by Kennedy, Mathews, Landis, Healy & Pecora, Incorporated, of Minneapolis.
 The company is a development stage company which develops and markets automatic card shuffling systems for use in casinos, card rooms and other gaming operations. Three models of the Shuffle Master system have been granted letters of approval by the Nevada Gaming Control Board, and the company has only recently begun marketing its systems.
 A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 A prospectus may be obtained from Kennedy, Mathews, Landis, Healy & Pecora, Incorporated, 3636 IDS Center, Minneapolis, Minn., 55402, or by calling 612-339-5174.
 -0- 10/29/92
 /CONTACT: John Breeding of Shuffle Master, 612-943-1951/ CO: Shuffle Master, Inc. ST: Minnesota IN: SU: OFR


KH -- MN025 -- 6840 10/29/92 17:37 EST
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Publication:PR Newswire
Date:Oct 29, 1992
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