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Microcap & Penny Stocks : Advance Gaming Technologies Inc. (AGTI)

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To: Charger who wrote (2970)6/17/1998 10:36:00 AM
From: tgs59  Read Replies (4) of 4539
 
To All:

The company should be able to report on the Sonic Bingo Beta Test which was to take place over 60 days during April and May.

PHOENIX, Arizona, March 25 /CNW/ - SEGA Gaming Technology, Inc.
(''SEGA'') headquartered in Las Vegas and Advanced Gaming Technology, Inc.
(''AGT'') announce the appointment of Mr. Bart Masi to serve as President and
Chief Operating Officer of a new company being formed for the Sonic Bingo(TM)
joint venture.
Mr. Masi previously served as General Manager of Casino Operations for a
major Las Vegas gaming company, and will be in charge of the Sonic Bingo
project.
Sonic has been in the development phase for the past 12 months, and it is
in its final phase of preparation for commercial beta testing. The beta
testing is scheduled for April 1997 for a period of up to 60 days between two
remote casinos in the Southwestern United States.
Sonic Bingo(TM), is a progressive, networked game, designed for Class II
and Class III venues, including bingo halls, casinos, and cruise ships. Sonic
can be custom-designed to fit each location. Features of Sonic Bingo(TM)
include color-coded bingo cards that are displayed on 19'' monitors in a
variety of configurations. Players interact with the game by simply touching
the screen to discard and select new cards on real-time while the game is in
progress.
AGT's Prisms Software(TM) directs the functions of the game. During
computerized testing at the AGT Phoenix Technical Center, where over 250,000
games were tested, the average time per game was 90 seconds.
The Prisms Software(TM) technology allows Sonic Bingo to have local
jackpots and four progressive jackpots connected to several remote locations
across the country. A Rainbow Progressive Jackpot is unique to each location.
Additionally, three progressive jackpots are unique to the network of multiple
locations, allowing for major cash jackpots. Thus, Sonic will offer players
four progressive levels of possible winnings while a ''winner'' is guaranteed
for each game that is played at each site.

I just remembered this Press Release and thought I would post it again, as results should be forthcoming.

tgs59

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