InvestorsHub Logo
Followers 43
Posts 856
Boards Moderated 0
Alias Born 01/19/2007

Re: None

Thursday, 09/23/2010 8:15:54 PM

Thursday, September 23, 2010 8:15:54 PM

Post# of 240
Dear Shareholders and Friends of Galaxy Gaming:
Once again, I want to bring to your attention three important press releases we issued, with the most recent filed earlier today. All three press releases are attached to this correspondence for your review or you can view them on Yahoo Finance. Included herein is some supplemental information regarding these three press release items.

First, on Tuesday, September 7th we issued a press release regarding the hiring of Ron Marks as our V.P. of Sales. You can read about Ron's background and accomplishments in the press release, but let me also add, this guy is the "real deal." Previously, I have met Ron on a number of occasions and was extremely impressed by his approach to sales management and his record of success in this area. Therefore, I originally recruited Ron to assist us in rebuilding our sales program and in hiring and training a new sales manager. When we discovered that Ron might be interested in running our sales program full time, I couldn't believe our good fortune. I can tell you the employees here at GLXZ now think I am the smartest guy in the world for recruiting and signing Ron Marks.

Second, on Thursday, September 9th we announced the hiring of Greg Flowers as our Marketing and Corporate Communications Manager. As explained more fully in the press release, Greg and Galaxy Gaming go way back and I have had the pleasure of working with Greg side by side on numerous projects. Always the consummate professional, Greg's abilities in marketing, branding and design are the best I have ever seen in the gaming industry. Ron and Greg represent a solid "one - two punch" when it comes to implementing our sales and marketing strategies. As we say in gaming industry terminology, "This is a pair to draw to."

Third, earlier today we announced that we have received approval from the Washington State Gambling Commission for the Andromeda Series - Stage 1 of our proprietary Bonus Jackpot System. This approval took far longer than anticipated, for which I have no simple answer as to why, except that we are subject to the Commission's timetable, not ours. Now that it is finalized, we will begin to install this platform in Washington casinos within the next two weeks. This is an important step for us because it allows us to test the communication between our data center and the Bonus Jackpot System in a live gaming environment. It will also assist with our Inter-Casino Jackpot Network, which we are still working on getting reapproved to offer in Washington.

Finally, I just returned from the Accredited Members Investor Conference held just outside San Diego earlier this week. This is the fourth event of theirs that I have attended, and as a result, I am beginning to develop my own network of micro-cap investors. Although GLXZ did not give a presentation at this conference, (we have done so at two previous Accredited Members conferences), I was impressed with the increased number of positive comments overheard regarding GLXZ. I think this is evidence that our story is starting to get out. To further our investor visibility program, we are scheduling to present at, a minimum of four more investor conferences between now and the end of the year, starting with the Security Research Associates conference in San Francisco to be held on October 25th and 26th.

So, that's my latest update. Until my next communication with you, I want to give you assurance that GLXZ is moving steadily forward and growing and improving consistently. In closing, all of us at Galaxy Gaming want to thank each of you for your continued interest, confidence and investment in us.

Warmest regards,





Robert B. Saucier
Chief Executive Officer


P. S.- For any of you interested in attending the gaming industry's largest trade show and exposition, the Global Gaming Expo, otherwise known as "G2E," we can provide you with admission passes to the exhibit hall with our complements. This year's G2E will be held at the Las Vegas Convention Center on November 15th - 18th. Galaxy Gaming will be at Booth # 3331. To receive your free pass, go towww.globalgamingexpo.com/EXT by October 28th and enter your Priority Code, which is "EXT117".
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GLXZ News