Ticker Communications Inc. announces international License with IGT for cashless ticketing solution and ticket-in ticket-out (TITO)
Victoria, BC – 23 March 2011
Ticker Communications Inc. (DAX:T4R), Victoria, BC, has licensed cashless ticketing technology including ticket-in ticket-out (TITO) from International Game Technology (IGT). This license will facilitate the use and placement of IGT’s cashless ticketing solutions across international territories. This Licensed Cashless Gaming Machine License will allow Ticker Communications Inc. to implement TITO in its affiliated interactive division, Tickercom Interactive.
Ron Frederickson, Vice-President of Product Development, Tickercom Group, says, “We are so pleased to have entered into this agreement with IGT, this industry’s pre-eminent vendor. We believe the benefit of IGT’s cashless ticketing technology will enable us to place our gaming products in virtually every casino in the world.”
IGT’s patented cashless ticketing and TITO technology are found on casino floors around the world. Introduced in 2000, this is the ticketing system that revolutionized the industry. This technology helps streamline service on the casino floor to enhance the player’s experience and helps casino operations run smoothly and decrease operational costs.
About IGT
International Game Technology (NYSE: IGT) is a global leader in the design, development and manufacture of gaming machines and systems products, as well as online and mobile gaming solutions for regulated markets. More information about IGT is available at www.IGT.com or follow IGT on Twitter at @IGTNews or Facebook at www.facebook.com/IGT.
About Tickercom Group
Tickercom Group (Ticker Communications Inc.) (DAX:T4R) is one of the world’s preeminent providers of leading-edge software/hardware technology and services for interactive media, gaming and lottery companies. Based in Victoria, British Columbia, more information may be found at www.tickercom.com
This news release may contain “forward-looking” statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking
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