Shuffle Master, Inc. Recognized by Business Week as One of Its 100 Best Small Companies
1:07 p.m. 06/03/2004 Provided by
Publication Also Places Shuffle Master on Its "Hot Growth Company" List and Recognizes the Company's Commitment to Research and Development
LAS VEGAS, Jun 3, 2004 (BUSINESS WIRE) -- Shuffle Master, Inc. (NASDAQ National Market: SHFL) announced today that it has been named one of America's 100 Best Small Companies by Business Week magazine for the second consecutive year. The list of all ranked companies appears in Business Week's June 7, 2004 edition, available on newsstands today. Rankings for the Business Week 100 Best Small Companies are determined by each company's three-year results in sales growth, earnings growth, and return on investment capital.
Mark L. Yoseloff, Ph.D., Chairman of the Board and Chief Executive Officer, commented, "We are very pleased to be included in this prestigious list once again and believe that its prominent feature of our Company recognizes both the consistent strength of our business strategy, as well as our exceptional employees who create, manufacture, service and sell our products. Being recognized by Business Week as one of its "Hot Growth Companies" reflects our commitment to enhancing our market presence by focusing on our core Utility and Entertainment products."
Shuffle Master, Inc. is a gaming supply company specializing in providing its casino customers Utility Products, including automatic card shufflers, to improve their productivity and security, and Entertainment Products, including proprietary table games and Table Master(TM) games to expand their gaming entertainment content. The Company is included in the S&P Smallcap 600 Index. Information about the Company and its products can be found on the Internet at www.shufflemaster.com .
This release contains forward-looking statements that are based on management's beliefs as well as on assumptions made by and information available to management. The Company considers such statements to be made under the safe harbor created by the federal securities laws to which it is subject, and assumes no obligation to update or supplement such statements. Forward-looking statements reflect and are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the following: changes in the level of consumer or commercial acceptance of the Company's existing products and new products as introduced; competitive advances; acceleration and/or deceleration of various product development and roll out schedules; product performance issues; higher than expected manufacturing, service, selling, administrative, product development and/or roll out costs; changes in the Company's business systems or in technologies affecting the Company's products or operations; reliance on strategic relationships with distributors and technology vendors; current and/or future litigation or claims; acquisitions or divestitures by the Company or its competitors of various product lines or businesses; changes to the Company's intellectual property portfolio, such as loss of licenses, claims of infringement or invalidity of patents; regulatory and jurisdictional issues (e.g., technical requirements and changes, delays in obtaining necessary approvals, or changes in a jurisdiction's regulatory scheme, etc.) involving the Company and its products specifically or the gaming industry in general; general and casino industry economic conditions; and the financial health of the Company's casino and distributor customers, suppliers and distributors, both nationally and internationally. Additional information on these and other risk factors that could potentially affect the Company's financial results may be found in documents filed by the Company with the Securities and Exchange Commission, including the Company's quarterly reports on Form 10-Q and annual report on Form 10-K.
Investor Relations Advisors Tom Ryan/Don Duffy, 203-222-9013 Fax: 203-222-9372 or Shuffle Master, Inc., Las Vegas Mark L. Yoseloff, Ph.D. Paul C. Meyer Gerald W. Koslow 702-897-7150 Fax: 702-270-5161
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