GMTC Gametech International, Inc. (MM)

RENO, Nev., July 22 /PRNewswire-FirstCall/ -- GameTech International, Inc. ("GameTech ") (NASDAQ:GMTC), a leading designer, developer and manufacturer of electronic bingo, gaming equipment, gaming systems, and video lottery terminals, announced today that it has entered into a distributor agreement with Lancaster Bingo Company, one of the leading distributors of bingo products, services and games in the Midwest. With this agreement, Lancaster Bingo Company will market, sell and support GameTech products to bingo operators specifically in the Kentucky market. This agreement expands the opportunities for both GameTech and Lancaster to provide bingo customers in Kentucky with the most innovative and compelling bingo products and solutions in the market today. "Kentucky is a unique and exciting market for charitable bingo," said Jay Meilstrup, GameTech President and Chief Executive Officer. "We are very happy to have the additional opportunities our partnership with Lancaster provides to further grow our business in Kentucky, and be able to reach even more customers with GameTech's products. We have seen from experience that every time we expand our market opportunities for our products, we are able to deliver real value and performance for our bingo customers. Our new Lancaster partnership will help us do just that." 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, Class III gaming machines, 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. 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 the 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 DATASOURCE: GameTech International, Inc. CONTACT: Investor Relations, Marcia Martin, or Sales and Marketing, Tim Minard, both of GameTech International, Inc., +1-775-850-6000 Web Site: http://www.gametech-inc.com/

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