Andy, VNX 2.70 +.10 has news: VendingData(TM)'s Next Generation Multi-Deck Shuffler, RandomPlus(TM) Receives GLI Approval Wednesday October 5, 7:50 am ET
Initial orders of over 300 RandomPlus(TM) shuffler units received LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ -- VendingData(TM) Corporation (Amex: VNX - News), announced today that it has received approval from Gaming Laboratories International ("GLI") for its RandomPlus(TM) shuffler, the Company's next generation version to its multi-deck Random Ejection(TM) shuffler in the following jurisdictions: California (tribal), Arizona (tribal), Washington (state & tribal). Approval for the GLI jurisdictions, such as Indiana (state), Iowa (state & tribal), Minnesota (tribal), Missouri (state), and Wisconsin (tribal), will be received within ten business days.
RandomPlus(TM), a high-speed card shuffler designed for use with one to eight card decks, is more user-friendly and easier to install than the predecessor version and is twice as fast, capable of shuffling eight decks of cards in four minutes. This new generation shuffler uses 60 percent fewer moving parts and has been converted to DC power, thereby eliminating heat and solenoid life problems. The RandomPlus(TM) requires less maintenance than traditional shufflers, is adjustable for varying card types and more tolerant of environmental changes. New sensors and usability enhancements have also been added to create easier operation, greater reliability and more accurate reads. A display screen has been added to send performance messages to operators.
VendingData(TM) has received initial orders for its RandomPlus(TM) for over 300 units. The Company expects to begin shipment immediately with revenues to be recognized during the Company's fourth quarter.
About VendingData(TM) Corporation
VendingData(TM) Corporation is a Las Vegas-based developer, manufacturer and distributor of innovative products for the gaming industry. The company's products include the Deck Checker(TM), PokerOne(TM) and Random Ejection Shuffler(TM) lines, which are installed in various casinos throughout the United States. VendingData(TM)'s newest innovative products include the ChipWasherTM and high-frequency RFID Casino Chips. The company's customers include mega-gaming corporations such as Caesars Entertainment, MGM Mirage, Station Casinos, and Boyd Gaming as well as major casinos such as The Venetian, Foxwoods Resort Casino and the world's largest poker room, Commerce Casino. International customers include casinos in Argentina, China, Columbia, Korea, Macau, Malaysia, Peru, United Kingdom, and Uruguay. Visit the VendingData Web site at http://www.vendingdata.com
This release contains forward-looking statements. Such statements reflect and are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the following: changes in the level of consumer or commercial acceptance of the Company's existing products and new products as introduced; competitive advances; acceleration and/or deceleration of various product development and roll out schedules; higher than expected manufacturing, service, selling, administrative, product development and/or roll out costs; current and/or unanticipated future litigation; regulatory and jurisdictional issues involving VendingData(TM) Corporation or its products specifically, and for the gaming industry in general; general and casino industry economic conditions; the financial health of the Company's casino and distributor customers both nationally and internationally; compliance with foreign laws and regulations; and the risks and factors described from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contacts: Company Contact: Michelle Glenn Marketing VendingData(TM) Corporation 702-733-7195 mglenn@vendingdata.com
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Investor Contact: Yvonne L. Zappulla Managing Director Wall Street Consultants Corp. 212-681-4108 Yvonne@WallStreetIR.com