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Mikohn Gaming Signs Agreements for Russia

LAS VEGAS -- (Press Release) -- Mikohn Gaming Corporation (NASDAQ: MIKN) today announced that it has signed non-exclusive distribution agreements with two Russian based distributors. Moscow-based Alliance Gaming Services and Jetgames, also based in Moscow, have been awarded non-exclusive distributorships for Mikohn's complete portfolio of products with the exception of slots.

Russ McMeekin, President and Chief Executive Officer commented, "We are pleased to have Alliance Gaming Services and Jetgames as our official distributors in this rapidly expanding market. Both companies have significant experience within the Russian market and we look forward to a long and mutually rewarding relationship."

Marc Jongerius, Regional Sales Manager, Mikohn Europe added, "We have chosen our partners carefully, as we already have considerable brand recognition in Russia and throughout Europe. These agreements will give us the edge we need to grow our product base in Russia. We look forward to working with the teams at both companies as we further strengthen our position in Eastern Europe."

Michael Stein, Managing Director at Alliance Gaming Services, responded: "Alliance Gaming Services is proud to be an official distributor of Mikohn gaming products within the Russian federation. The range of state-of-the-art gaming products which Mikohn offers will further strengthen AGS' competitive edge and re-emphasize the fact that we provide a true "Turnkey" solution in the still rapidly growing gaming industry in Russia. We look forward to a long and fruitful business relationship with Mikohn and are confident that together we will deliver exceptional products and world class service."

Added Oleg Boutenko, Managing Director of Jetgames, "We are eager to work with Mikohn to represent their products in the Russian market. We think our market is ready for the high-quality products Mikohn has to offer and we are excited to participate in enhancing the companies' position in Russia. Jetgames is a young but fast developing company and it is very important for us to have a partner such as Mikohn. We are sure that the highly qualified teams of both companies will secure great success and mutual benefits from this co-operation."

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