RENO, Nev., Nov. 15, 2010 /PRNewswire/ -- GameTech International, Inc. , a leading supplier of electronic bingo equipment and video lottery terminals, today commented on a recent increase in the volume and price of its common stock on the NASDAQ Global Market.
"The trading volume in our Company's common stock has reached extraordinarily high levels over the past two trading days. In response to inquiries from shareholders and others, the Company reports that it is not aware of any material development which would account for the increase in share price and trading volume," commented Bill Fasig, the Company's President and Chief Executive Officer.
Company Overview: GameTech International, Inc. is in the business of designing, manufacturing, and marketing computerized bingo and gaming equipment, systems, and services. Under the GameTech® product brand the company provides electronic bingo systems and equipment, and is an innovator in advanced wireless gaming applications and devices. Under the Summit Gaming(TM) product brand the Company provides video lottery terminal devices, gaming equipment, and related software and content. GameTech International, Inc. serves customers in 43 U.S. States, Canada, Japan, Mexico, Norway, Philippines, and the United Kingdom. The company was incorporated in 1994 and is headquartered in Reno, Nevada.
Safe Harbor Statement: Statements in this press release that are not historical facts are intended to be forward-looking statements subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. GameTech cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include risks associated with doing business in a regulated industry, our ability to retain customers and secure new customers, risks associated with rapid technological change, and those disclosed in documents filed by the Company with securities and Exchange Commission, including the Company's most recently filed Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. GameTech does not intend, and undertakes no obligation, to update our forward-looking statements to reflect future events or circumstances.
GameTech International, Inc.
CONTACT: Investor Relations, James Robertson, or Suzanne Chennault, both
of GameTech International, Inc., +1-775-850-6000
Web Site: http://www.gametech-inc.com/
