PokerTek Brings Poker to Montreal and Other Quebec Casinos with 43
PokerTek, Inc. (NASDAQ: PTEK), the industry pioneer and worldwide leader in automated poker tables and related software, is pleased to announce that it that it has placed its PokerPro systems with The Soci t des casinos du Qu bec Inc. As part of the agreement, PokerTek has installed its PokerPro system in Casino de Montreal located in Montreal, Casino du Lac-Leamy located in Gatineau, and Casino de Charlevoix located in La Malbaie.
The three casinos will launch with a total of 43 PokerPro tables. All three of the rooms will open to the public January 18, 2008.
We are very excited about this project and this technology, said Alain Brosseau, Project Manager, Gaming Development for the Soci t des casinos du Qu bec Inc. We want to offer the best Poker in the most unique poker rooms in North America where customers will be treated like royalty.
This is PokerTek s first installation in Canada, with 25 of the 43 tables installed in Casino de Montreal. Casino de Montreal becomes PokerTek s largest installation of PokerPro tables in the world. Casino du Lac-Leamy installed 13 of the tables and Charlevoix installed 5 tables.
This is an amazing opportunity for PokerTek, said Chris Halligan, Chief Executive Officer of PokerTek. The rooms at these casinos are first class, and designed for poker players. SCQ has a great team and there is significant pent up demand for poker in this region. We continue to execute on our strategy of working with the operators that are highly committed to automated poker.
The casinos will be using the PokerPro tables to offer Texas Hold em Limit and No Limit cash games. In addition, players can enjoy single table and multi-table tournaments. PokerPro is translated into multiple languages, and will offer French and English options to the players.
About PokerTek, Inc.
PokerTek , Inc. (NASDAQ: PTEK), headquartered in Matthews, NC, develops and markets PokerPro and PokerPro Heads-Up , automated poker tables and related software applications developed to increase casino revenue, reduce expenses and attract new players into poker rooms. PokerTek entered the amusement space by introducing Heads-Up Challenge , a heads-up poker table for bars and restaurants that targets adults who play for amusement only. PokerPro tables are located in the United States, Panama, Germany, Australia, South Africa, China and several major cruise lines. For more information, please visit the company's website at www.pokertek.com
Tracy Egan 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.
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