Companies sign letter of intent to formalize agreement for cooperative
server-based product development
LAS VEGAS, Nov. 12 /PRNewswire-FirstCall/ -- IGT (NYSE: IGT) and
Paltronics, Inc. (PAL) today announced that they have entered into a letter
of intent to develop and demonstrate the interoperability of PAL's One Link
Media System(TM) with IGT's NexGen(TM) and Advantage(R) System at the
Global Gaming Expo (G2E) in Las Vegas.
PAL and IGT anticipate entering into a definitive agreement for a
mutually beneficial relationship to develop complementing product offerings
for the gaming market and new server-based system technology.
"Server-based products will need to go beyond machine connectivity and
common protocols to allow for system connectivity and coexistence on an
open network," said Steve Morro, COO of IGT. "The demonstration at G2E is
an example of this and is further evidence of our commitment to an open
network using GSA protocols and our spirit of cooperation with other
vendors and manufacturers."
Specifications for IGT's award-winning sb(TM) service window have been
made available to the industry and will provide a vehicle for various
products and systems to work together to provide enhanced services for
casinos and casino patrons.
"We believe in IGT's vision for server-based products with all
suppliers working in concert to provide casino-wide services and
solutions," said Angelo Palmisano, PAL CEO. "Paltronics has a lot to offer
in an open, server-based environment, and we are excited about the
potential it presents."
About IGT
International Game Technology (http://www.IGT.com) is a global company
specializing in the design, development, manufacturing, distribution and
sales of computerized gaming machines and systems products.
About Paltronics
Founded in 1992, Paltronics' revolutionary gaming technology creates
efficiencies and drives excitement on the casino floor. First to market
with premium-quality LED screens, bonusing technology, progressive and
table systems, Paltronics has developed the only system that manages slots,
tables and media in one elegant solution. A well-established international
company with offices and affiliates in Las Vegas, Chicago, Atlantic City,
Johannesburg, Sydney and London, Paltronics has built an impressive blue
chip customer base and a reputation for technical excellence and
innovation.
SOURCE IGT
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Related links:
http://www.igt.com
CONTACT:
Rick Sorensen of IGT, +1-775-448-8022,
Rick.Sorensen@igt.com; or Terri Cooper of Paltronics Inc.,
1-877-461-5465
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