----News Release-- Thursday November 21 9:02 AM EDT
Advanced Gaming Technology, Inc. Announces Signing of Exclusive Canadian Distribution Agreement With The Classic Canadian Group, Toronto, Canada
VANCOUVER, British Columbia, Nov. 21 /PRNewswire/ -- Advanced Gaming Technology Inc , announced the signing of an agreement with the Classic Canadian Group (CCG), Toronto, Canada, as its exclusive distributor of electronic bingo equipment in Canada.
CCG is a Canadian-based company that distributes a full line of gaming products, in addition to manufacturing their own video lottery terminals. They actively pursue top quality products for exclusive distribution in Canada. With the recent approval of satellite bingo in the Ontario region, the approval of electronic bingo is expected to follow.
CCG will represent AGTI's MAX(LITE) hand-held units and their MAX(PLUS) fixed-based units in the Canadian markets. In addition, CCG will be responsible for the advertising, marketing and leasing of the MAX bingo systems throughout Canada.
To date, AGTI has been concentrating the marketing of its product only in the U.S. The arrangements with CCG will now open up the Canadian market for the MAX bingo systems. AGTI and CCG look forward to a mutually beneficial and financially rewarding relationship developing.
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 |