To: *ROSARIO* who wrote (1964 ) 4/16/1998 10:29:00 AM From: John T. Hardee Respond to of 4539
Advanced Gaming Technology Inc. Announces Resignations VANCOUVER, British Columbia, April 16 /PRNewswire/ -- Advanced Gaming Technology, Inc. (OTC-Bulletin Board: AGTI) today announced the resignation of Robert C. Silzer, Sr. as a Director/Chairman of the Board and Firoz Lakhani as a Director, President/Chief Operating Officer. Mr. Thomas S. Nieman, Chief Executive Officer (d/d 11 February 1998) has been appointed a Director and Chairman of the Board and Mr. Neil Jenkins has also been appointed as a Director. Mr. Jenkins is a graduate of Brown University and Loyola University of Chicago School of Law, and a member of the International Association of Gaming Attorneys, where he was a Member of the Board of Trustees from 1985 to 1996. The International Association of Gaming Attorneys is a 500 plus member organization of attorneys and government regulators practising and regulating gaming through the world. Currently, Mr. Jenkins is a business consultant and operates a golf tour and travel company specialising in tours to Scotland and Ireland. He also serves as a member of the Board of Directors, member of the Executive Committee and Chairman of the Compensation Committee for Nexthealth, Inc. a public company which operates an alcohol and chemical addiction treatment centre and a five-star health and wellness spa in Tuscon, Arizona. From 1993 to 1996, Mr. Jenkins was Executive Vice President, Corporate Secretary and Member of the Board of Directors of Bally Gaming International, Inc. where he was a member of the Senior Executive Management. He was responsible for the co-ordination of business development and licensing matters for this NASDAQ company engaged in the gaming machine business on an international basis. From 1985 to 1992, Mr. Jenkins was Executive Vice President, Secretary and General Counsel for Bally Manufacturing Corporation, where as Senior legal officer for a $2 billion multinational Fortune 500 company, a NYSE company, he co-ordinated legal matters for the parent corporation and major subsidiaries; directed activities of outside law firms on a world-wide basis; co-ordinated acquisitions and divestiture of numerous leisure and casino/hotel companies and related public securities transactions. The current board consists of Thomas S. Nieman, Robert L. Hunziker and Neil Jenkins. 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 Act 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. creates, designs, markets patented and proprietary gaming systems and software 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. -------------------------------------------------------------------------------- More Quotes and News: Advanced Gaming Technology Inc (OTC BB:AGTI - news)