Progressive Gaming International Corporation (Nasdaq:PGIC) (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 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."
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 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 Statements under The Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements of Mikohn Gaming Corporation, d/b/a Progressive Gaming International Corporation, including statements regarding the expected installation of CasinoLink(TM) at Casino Ljubljana. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, the risk that the installation of CasinoLink(TM) at Casino Ljubljana may not be completed when anticipated, or at all, risks related to the Company's ability to enforce and continue to develop its intellectual property rights, including rights licensed from third parties, the risk that the Company's intellectual property portfolio may not provide the benefits described in or implied by such forward-looking statements, the risk that patents may exist of which the Company is not aware, or that existing patents may provide benefits to third parties beyond those anticipated by the Company, risks related to delay in the introduction of new products, the status of rights licensed from content providers, the Company's ability to meet its capital requirements, 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 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 and quarterly reports on Form 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.