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Non-Tech : Gaming Partners International (GPIC)

GPIC 13.75

+0.1%

May 1 5:00 PM EST

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From: Glenn Petersen	1/27/2006 10:46:44 AM
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GPIC is up a buck this morning on news: Progressive Gaming and Gaming Partners International Team up to Provide 13.56 MHz RFID Chip Technology Friday January 27, 8:00 am ET LAS VEGAS--(BUSINESS WIRE)--Jan. 27, 2006--Gaming Partners International Corporation (Nasdaq:GPIC - News), a leading manufacturer and supplier of casino chips and other table game supplies, and Progressive Gaming International Corporation (Nasdaq:PGIC - News), a leading provider of diversified products and services used in the gaming industry worldwide, announced today that Progressive Gaming has granted GPIC the exclusive rights in the United States and non-exclusive rights outside the U.S. to manufacture gaming chips with 13.56 MHz RFID technology. GPIC has now confirmed its ability to successfully embed the faster 13.56 MHz RFID microchips in each and every one of its popular brands of gaming chips: Bourgogne et Grasset, Paulson and Bud Jones. Gerard P. Charlier, President and Chief Executive Officer of GPIC stated: "We are pleased that our research and development efforts have resulted in the versatility to offer GPIC's well known and widely accepted gaming chips, plaques and jetons either with this proprietary embedded high frequency 13.56 MHz RFID microchip to casinos which desire them or our well known 125 KHz RFID chips and readers, which we will keep supporting and developing in the many years to come for the casinos particularly interested in Casino-Currency-Control. This accomplishment further emphasizes GPIC's mission to be the 'partner' of its casino customers in meeting their particular gaming chip needs." President and Chief Executive Officer of Progressive Gaming Russ McMeekin stated: "GPIC has been an outstanding partner for the past 10 years in the development of RFID table and cage products. The demand for gaming chips with high speed RFID readers and tags is gaining momentum worldwide, especially in the Asian markets, as a part of the next generation table management system." <snip> biz.yahoo.com

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