AGTI-NEWS:
Advanced Gaming Technology, Inc. Announces Completion Of Licensing Agreement With Bingo Technologies Corporation Is Proceeding As Planned
VANCOUVER, Feb. 4 /CNW-PRN/ - Advanced Gaming Technology, Inc. (OTCBB: AGTI - news) today announced that completion of the previously announced Licensing Agreement with Bingo Technologies Corporation (BTC) is proceeding as planned. The completion date of February 2, 1998 has been rescheduled to on or before February 15, 1998, as the previously agreed upon date was determined to be too tight to adequately complete all the details and facilitate the hand-over of the Company's United States operations. However, as of February 2, 1998, BTC has commenced the management of the Company's U.S. operation and arranged funding for installation of pending orders of AGT's MAX(PLUS)/Turbo(MAX) line of the MAX Bingo Systems.
Information provided herein by AGT contains, and from time to time AGT may disseminate materials and make statements which may contain ''forward-looking'' information, as that term is defined by the Private Securities Litigation Reform Art of 1995 (the ''PSLRA''). These cautionary statements are being made pursuant to the provisions of the PSLRA and with the intention of obtaining the benefits of the ''safe harbour'' provisions of the PSLRA. AGT cautions investors that any forward-looking statements made by AGT are not guarantees of future performance and that actual results may differ materially from those in the forward-looking statements as a result of various factions, including but not limited to the contingencies noted above.
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. |
