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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: james h. snyder who wrote (8437)	5/5/1998 9:36:00 AM
From: Nittany Lion	Read Replies (3) \| Respond to of 10368

Tuesday May 5, 9:02 am Eastern Time Company Press Release SOURCE: American Bingo & Gaming Corp. American Bingo & Gaming Corp. Hires Top Gaming Industry Executive as New Chief Executive 0fficer AUSTIN, Texas, May 5 /PRNewswire/ -- American Bingo & Gaming Corp. (Nasdaq: BNGO - news) today announced that it has hired Mr. Andre Hilliou as its new Chief Executive Officer. Mr. Hilliou will join American Bingo the week of May 18 and will be available after that time for investor communications. Mr. Hilliou is a top gaming industry executive with over 28 years of management experience with some of the pre-eminent gaming companies in the world. He formerly served as Chief Executive Officer of Aristocrat Incorporated, the world's second largest manufacturer and distributor of slot machines and gaming systems. Mr. Hilliou also served as Chief Executive Officer of Showboat, Inc.'s (NYSE: SBO - news) publicly traded subsidiary which operates the Showboat's Sydney, Australia casino. Mr. George Harrison, Jr., Chairman of the Board, stated ''We are very pleased to have Andre join our team. He is a proven gaming industry talent who has built and managed billion dollar companies. American Bingo & Gaming Corp. today has a more experienced management team, stronger capital structure with $11 million in cash, and a greater number of business opportunities than ever before. We are truly excited about the future of our Company.'' American Bingo is a market leader in the $6 billion North American charitable bingo market. The Company derives revenues from its bingo centers in Texas, Alabama and South Carolina, and generates revenues from its video gaming operations in South Carolina. Except for historical information contained herein, certain matters set forth in this press release are forward looking statements that are subject to substantial risks and uncertainties, including government regulation and taxation, customer attendance and spending, competition, general economic conditions and other risks detailed in the Company's SEC reports. SOURCE: American Bingo & Gaming Corp.