MGAM news at: newsalert.com
TULSA, Okla.--(BUSINESS WIRE)--April 10, 1997--Multimedia Games, Inc. (NASDAQ:
MGAM) announced today that the company has entered into an agreement with Jonathan Goodson
Productions, which is affiliated with Paramount Television, to produce and distribute nationally a
televised bingo-style game show based on MegaBingo(R), the million dollar bingo game. MegaBingo(R)
is run by MGAM twice a night linking more than 60 high-stakes Indian Bingo halls across the country.
According to Daniel Sarnoff, vice president of MGAM and president/CEO of TV GAMES, INC. (a
wholly owned subsidiary of MGAM), "We selected Jonathan Goodson because his production
company and creative staff have been fundamentally responsible for the success of the television game
show format and have been top dog in that arena for more than 25 years."
Some of the current Goodson executives who are part of the MegaBingo TV game show development
team worked as part of the creative team at the former Mark Goodson-Bill Todman Productions. Mark
Goodson Productions is responsible for such hit game shows as "What's My Line?," "Password," "Beat
the Clock," "To Tell the Truth," "Family Feud," "The New Price is Right," "Classic Concentration," and
"The Match Game" among many others. Goodson continues to be a recognized leader in the game show
field. For example, the president of NBC Entertainment recently stated, "Jonathan Goodson continues to
turn out the finest, first-rate games shows in the world." In addition, Jonathan Goodson Productions has
extensive experience in the lottery industry, working with numerous state lotteries including New York,
California and Florida.
Jonathan Goodson remarked "I am proud to be associated with a company of MGAM's creativity,
reputation and honesty. At the end of the day, TV shows like these demand that the provider of the
actual game be of the highest integrity and be able to adapt game attributes to complement the TV Game
Show Production. After spending over two years in association with MGAM and its staff. I am
confident that both they and the tribes they represent meet that challenge."
In addition, MGAM and Goodson inked a letter of intent to pursue certain lottery business capitalizing
on interactive, entertainment-rich game concepts delivered via the information superhighway.
Multimedia Games, Inc., through its wholly owned subsidiary MegaBingo(R), Inc., has exclusive
contracts with over 50 Indian nations to provide linked games that are integrated among multiple halls.
Multimedia Games, Inc. is the nations leading provider of linked high-stakes bingo games, electronic
based interactive bingo games, and associated data processing services and products to the Indian
gaming industry. |
