LEVIS, QC, Dec. 11 /CNW/ - DEQ Systems Corp. (TSX-V: DEQ) ("DEQ" or the
"Company"), a leading provider of table gaming bonusing, jackpot and loyalty
solutions, today announced that it has received approval by the Nevada Gaming
Control Board ("NGCB") to commence a field trial for the G3(TM) system in
Nevada. DEQ will conduct the field trial at its partner casinos, Harrah's and
Station Casinos. Installation of systems and commencement of the trial is
scheduled for the coming weeks.
"Macau and Nevada represent the world's most important gaming markets.
This Nevada field trial is an important step towards receiving NGCB approval
for the commercialization of our G3(TM) technology in one of our biggest
target markets," said Earle G. Hall, President and CEO of DEQ Systems. "Our
world renowned G3(TM) system has already been approved and installed in more
than 200 casinos, in over 30 countries. Once this trial is completed, we
expect to leverage our relationship with established partner casinos such as
Harrah's and Station Casinos to commence the installation of our systems in
Pursuant to final approval of the G3(TM) system by the NGCB, DEQ will
receive a one time royalty payment of US$1 million from Station Casinos, as
per the five year patent licensing agreement announced on April 26, 2007.
Field trials will be performed at Harrah's Bally's Strip property known
for its mix of local and tourist clientele. Bally's will trial two linked
G3(TM) systems on the well known Caribbean Stud poker game. Station Casinos
will also trial two linked G3(TM)'s on Caribbean Stud tables at their renowned
Green Valley Ranch property. The trials are set to run for thirty days and may
be extended up to 90 days if additional data or adjustments are required.
ABOUT THE G3(TM)
The G3(TM) is a linkable bonusing, jackpot and loyalty server-based
system that brings an entire suite of important bonusing and system processes
to table games, providing casinos with increased revenues and additional
player participation. With the G3(TM), players can place multiple side bets on
their own hands but also on the dealer's hand. The system also has several
bonuses such as the Magic Card(TM) and the Lucky Player(TM) which are both
high frequency prizes awarded to keep the players' interest. The G3(TM)
replaces existing legacy bonusing systems with exciting, user friendly
applications and is adaptable to any live table game: poker, blackjack or
Founded in 1998, DEQ Systems Corp. (TSXV: DEQ) is a leader in the table
game bonusing technology field. DEQ's patents, products and features include
side bet bonusing games with progressive and random jackpot prizes, slot
machine style mystery bonusing, multiple credit and denomination betting
flexibility, dealer hand betting, electronic credit bank, electronic rake,
baccarat hand tracking, multimedia animation and sound effects. DEQ has an
extensive patent portfolio that is recognized in more than 50 countries such
as the USA, Macau, Australia and Canada. DEQ's bonusing solutions and products
are present in more than 200 casinos in over 30 countries. For further
information, please visit www.deq.com
Forward-looking statements contained in this Press Release involve known
and unknown risks, uncertainties and other factors that may cause actual
results, performance and achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied by the said forward-looking statements.
DEQ Systems Corp. has been selected in the TSX Venture 50 in 2007. "2007
Venture 50" is a trademark of TSX Inc. and is used under license.
TSX Venture does not accept any responsibility regarding the accuracy of
the information contained in this press release.
For further information:
For further information: Earle G. Hall, DEQ Systems Corp., President &
CEO, p. (418) 839-3012, e. firstname.lastname@example.org; Marco Estrela, DEQ Systems
Corp., Chief Marketing Officer, p. (418) 839-3012, e. email@example.com