MATTHEWS, N.C., Oct. 21 /PRNewswire-FirstCall/ -- PokerTek, Inc., the
industry pioneer and worldwide leader in automated poker tables and related
software, is pleased to announce the release of its highly-anticipated 2.0
software upgrade for Heads-Up Challenge. The latest Heads-Up Challenge
additions include variable chip stack starting amounts in 10, 20, and 40
thousand increments and a 10,000 chip add-on feature. Once players reach a
certain level in the match, the add-on feature allows them to continue play
by adding more chips for an operator-configured price. The initial price
per play is also configurable based on the chip stack level selected by the
players.
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To create more visibility in a crowded establishment, PokerTek's
monitor kit, which includes signage, a customized stand, all electrical
connectors, and hardware, can be purchased separately. The 2.0 software
supports and is required for the monitor kit. The attract mode graphics
displayed on the overhead monitor are more visually appealing and draw
curious players to the table.
"Operators appreciate that they can offer a variety of game play
options for their customers while having the ability to reasonably
configure prices," stated Len Keywood with Starburst Coin. "The players
enjoy the additional features while the operators increase their revenue.
It's a classic win-win."
"Our goal is to continue enhancing our Heads-Up Challenge technology to
attract more players, increase the game's earning potential, and maintain
an edge over our competition," commented PokerTek President James Crawford.
"Our 2.0 software gives operators more tools to increase the cashbox and
allows players more flexibility to choose a Texas Hold'em tournament format
that fits them best."
About PokerTek:
PokerTek, Inc. (Nasdaq: PTEK), headquartered in Matthews, NC, develops
and markets products for the casino and amusement industries. PokerTek
developed PokerPro automated poker tables and related software applications
to increase casino revenue, reduce expenses and attract new players into
poker rooms by offering interactive poker that is fast, fun and
mistake-free. Heads-Up Challenge is a two-player table that allows bars and
restaurant patrons to compete head-to-head in various games for amusement
purposes, increases earnings for game operators and provides patrons unique
and challenging on-site entertainment. Both products are installed
worldwide. For more information, please visit the company's website at
http://www.PokerTek.com or contact Laura Petty at 704.849.0860 x106.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, which are
made in accordance with the Private Securities Litigation Reform Act of
1995. The forward-looking statements herein include, but are not limited
to, the expected adoption of the PokerPro systems by casinos and other
customers and the expected acceptance of the PokerPro systems by players.
Our actual results may differ materially from those implied in these
forward-looking statements as a result of many factors, including, but not
limited to, overall industry environment, customer acceptance of our
products, delay in the introduction of new products, further approvals of
regulatory authorities, adverse court rulings, production and/or quality
control problems, the denial, suspension or revocation of permits or
licenses by regulatory or governmental authorities, termination or
non-renewal of customer contracts, competitive pressures and general
economic conditions, and our financial condition. These and other risks and
uncertainties are described in more detail in our most recent annual report
on Form 10-K and other reports filed with the Securities and Exchange
Commission. Forward-looking statements speak only as of the date they are
made. We undertake no obligation to update or revise such statements to
reflect new circumstances or unanticipated events as they occur, except as
required by applicable laws, and you are urged to review and consider
disclosures that we make in the reports that we file with the Securities
and Exchange Commission that discuss other factors germane to our business.
SOURCE PokerTek, Inc.
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Related links: http://www.pokertek.com
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CONTACT: Laura Petty, PokerTek, Inc., +1-704-849-0860 x106
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