Shuffle Master, Inc. Announces Table Master and Easy Chipper Milestones
biz.yahoo.com
Tuesday September 6, 8:00 am ET
Pivotal events include an exclusive Table Master distribution agreement and the Company's largest Easy Chipper order to date
LAS VEGAS--(BUSINESS WIRE)--Sept. 6, 2005-- Shuffle Master, Inc. (NASDAQ National Market: SHFL) today announced that it has entered into an exclusive Table Master distribution agreement for the Spanish arcade market and has received its largest Easy Chipper order to date.
Table Master
CARD, a Shuffle Master International Company, has entered into an exclusive distribution agreement including minimum annual purchase commitments with Machines Games Automatics, S.A. (MGA) to distribute Table Master(TM), the company's electronic, multi-player table game platform, to arcades throughout Spain. Shuffle Master expects this important new relationship to contribute over $5 million in revenue just in the first year. The customized Spanish version will feature "Fortune Card(TM)," a modified version of blackjack, and will be demonstrated at the Fer-Interazar International Gaming and Gambling Trade Show at the Juan Carlos Exhibition Centre in Madrid September 28 through 30.
"The approval in Spain represents a significant milestone for Table Master," stated Paul C. Meyer, Shuffle Master President and Chief Operating Officer. "We have seen that Table Master has strong international appeal. The relationship we have already developed with MGA during the product approval process bodes well for our success. We look forward to the gaming show in Madrid later this month and are confident that the Spanish arcade market will rapidly embrace Fortune Card as a unique and profitable product."
Easy Chipper
Shuffle Master has received a single order for 125 units of its Easy Chipper roulette chip sorter. The order was placed by Shuffle Master's Asia Pacific Distributor, RGB Limited, for its onwards lease to Genting Highlands Casino in Malaysia.
"The Genting order represents a significant milestone for the Easy Chipper and confirms its exceptional product performance and reliability," Meyer commented. "We are extremely pleased that the Easy Chipper's state-of-the-art features are preferred by as strategic a customer as Genting Highlands. As the Easy Chipper gains momentum through additional installations, we are confident that other casinos will recognize its superior product features." |
