LAS VEGAS, Sept. 29 /PRNewswire-FirstCall/ -- TableMAX Corporation (Pink Sheets: TBLX), a developer of electronic table games, today announced its recent progress in the placement of electronic table games. To date, TableMAX has installed six table game systems and has signed agreements or letters of intent for the placement of an additional 32 systems. TableMAX's table game systems have been or are scheduled to be placed in six states and four countries throughout the world, including Oklahoma, California, Mexico, Colombia and the U.S. military.
TableMAX is especially pleased to announce the upcoming installation of the first full 4-system carousel at a major casino resort in southern California. This resort is viewed as an influential property in the competitive California gaming market, and is considered to be influential in the gaming equipment decisions among domestic operators throughout North America.
TableMAX CEO Stephen Crystal said, "We have successfully launched our products to diverse domestic and global acceptance. Now we can head into G2E, the world's largest gaming expo, in November with more confidence than ever in our products as well as our sales team, and with a list of satisfied customers to back up our claims."
TableMAX believes that interest in its product is based on operators understanding the explicit value proposition offered through the cost saving technology paired with attractive business and pricing models. TableMAX's experience seems to have shown that demand is driven by operators searching for innovative ways to enhance their bottom line, appeal to a broader player base and continue to drive profitability in this challenging market.
The current product distribution success follows on prior global placements of TableMAX Systems in markets as diverse as Guatemala, Ireland, Portugal and Spain. Domestically, a representative sample of casino operators report TableMAX performance ranking at a 50 percent premium over and above the average slot machine.
ABOUT TABLEMAX CORPORATION
TableMAX is a developer of electronic table games and designs, engineers and distributes patented electronic table games worldwide. TableMAX owns global rights to popular table game content, including Progressive Blackjack(TM), Caribbean Stud(R) poker, Caribbean Draw(R) poker, Texas Hold 'Em Bonus Poker and Bonus Blackjack.
FORWARD LOOKING STATEMENTS
This release contains certain "forward-looking statements" relating to the business of the Company and its principal subsidiary, TableMAX, which can be identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected.
The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
Paul Speirs, Steinbeck Communications
(702) 413-4278,
