CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
 

Mikohn Gaming, DEQ Systems Ratify Strategic Agreement

29 November 2004

LEVIS, California – (PRESS RELEASE) -- DEQ Systems Corp. "DEQ" (TSX Venture: DEQ) and Mikohn Gaming Corporation "Mikohn" (NASDAQ: MIKN), jointly announced today that the DEQ GLI Certification obtained in California is the first and decisive step in the ratification and implementation of the joint agreement announced in February of this year.

The GLI certification in California certifies DEQ's technology for California Tribal Casinos. The Mikohn/DEQ agreement authorizes Mikohn to integrate DEQ's patented auxiliary promotional side bet system into Mikohn's Caribbean Stud table games. Commercialization will begin as early as January 2005 and will be managed by

Mikohn through its sales and distribution channel in California. Other state authorizations are pending approval.

Mikohn Executive Vice President of Sales and Marketing, Robert J. Parente stated: "DEQ's patented technology is a perfect fit for our Caribbean Stud Tables. We are confident that this addition to our existing tables will increase table performance and player satisfaction. Teaming with DEQ aligns perfectly with our corporate vision and innovative business model: "Licensed from Mikohn" where profitable partnerships will enhance our growth."

DEQ President and CEO, Earle G. Hall stated: "It goes without saying that our strategic partnership with Mikohn is the key element to our North American commercialization of this specific product designed for Poker Tables. We are very pleased with the speed and effectiveness of this authorization and we are very grateful to Mikohn for their assistance in this process. Having our first product approved in Nevada was a giant step for us. This strategic agreement ratification and second certification greatly enhances our growth plan."

< Gaming News