Okay folks, this is only the beginning;
Advanced Gaming Technology, Inc. Announces The Appointment Of Mr. Tom Nieman As Chief Executive Officer
VANCOVUER, Feb. 11 /CNW-PRN/ - Further to the Company's news release of a plan of restructure dated December 2, 1997, Advanced Gaming Technology, Inc. (OTCBB:AGTI) today announced the appointment of Mr. Tom Nieman as Chief Executive Officer, effective 15 February 1998. Mr. Robert C. Silzer, Sr., current Chief Executive Officer, is resigning his position effective 15 February 1998.
Mr. Nieman brings considerable experience in the development, introduction, and growth of new and innovative products in the gaming industry. As an executive officer in the gaming industry for over twenty-five years, he has demonstrated skills in managing corporate personnel, as well as handling compliance matters. He has applied for, and been approved, in twenty-three Class III jurisdictions world wide.
In 1995, as a corporate Vice President for Shuffle Master, Inc., he was responsible for the implementation and administration of the ''Let It Ride'' tournament. His responsibilities included the administration of the Nevada Gaming Commission's field trial for this innovative casino table game, the design and launch of the multi-million consumer advertising campaign, and the creation of the Tournament that awarded over US $12 million to the first eight winners in Nevada. He successfully expanded the Tournament to casinos in Connecticut and Mississippi.
Prior to Shuffle Master, Inc., Mr. Nieman served as Vice President of Marketing at Bally Gaming in Las Vegas. As a member of the executive committee and head of the new product development group, he was instrumental in the redesign and launch of Bally's ''Pro Series'' slot product line. He was also responsible for the roll-out of Bally's ''GameMaker,'' the first multi-game touchscreen, interactive video slot in the casino industry. ''GameMaker'' is the market share leader in its product category.
GameMaker'' and the ''Let It Ride Tournament'' were both honoured for ''Best Games in 1995'' and recipients of the ''Excellence in Leadership Award'' by The Grogan Report.
I have been very fortunate to have been associated with two innovative and successful gaming products, said Mr. Nieman, ''these products helped establish my companies as primary suppliers to the gaming industry. My background in gaming has been technology-driven and as head of the Las Vegas Research Institute, I have seen a great deal of technology in early stages. This is what attracts me to Advanced Gaming. I believe the Company's technology can be marketed in both Class II bingo halls and in Class III casinos worldwide.''
According to Robert C. Silzer, Sr., ''I am very excited about Tom Nieman accepting the position of Chief Executive Officer. He has strong management skills and a successful career of launching new products to the gaming industry. AGT will be launching two new products this year, one in the United Kingdom and the second one in preparation for the world market. The Company looks forward to Mr. Nieman's stewardship for creating shareholder value based upon AGT's technology.''
Advanced Gaming Technology, Inc. designs, manufactures, markets and services patented and proprietary gaming systems, including technologically advanced electronic bingo systems. The Company is a major supplier of electronic gaming systems, offering increased play potential and revenue to gaming operators. Its stock trades under the symbol AGTI on the NASD Electronic Bulletin Board.
SOURCE: Advanced Gaming Technology, Inc.
CO: Advanced Gaming Technology, Inc.
ST: British Columbia
IN: CNO
SU: PER
02/11/98 11:49 EST prnewswire.com |
