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Mikohn Wins $1.7 Million Order for Progressive Jackpot Technology16 July 2001LAS VEGAS, Nevada – (Press Release) -- July 16, 2001 -- Mikohn Gaming Corp. (Nasdaq: MIKN -) today announced that it has received an order valued at $1.7 million for its latest progressive jackpot technology from Station Casinos, Inc. (NYSE: STN - ) for installation at Green Valley Ranch Station Casino scheduled for opening in December 2001. Mikohn will supply its powerful SuperLink® package for floor-wide management of the new casino's progressive jackpot system from a central location. The progressive system will also incorporate Mikohn's brilliant, high-impact Supreme® full color, (256 color spectrum) LED electronic displays to showcase jackpot totals. In addition, Mikohn is providing custom interior slot signage specifically themed to Green Valley Ranch Station Casino. ``We were pleased to be selected to provide our state-of-the-art technology, electronic displays and slot signage for the progressive jackpot system at the new Green Valley Station Casino,' commented David J. Thompson, Mikohn's chairman and chief executive officer. ``Mikohn continues to be the dominant force in progressive slot technology, which our company pioneered, and these traditional product lines remain an important part of our business base.' The latest Station Casino is located at Green Valley Ranch in Henderson, Nevada in the fast growing area east of Las Vegas. The 40-acre resort site anchors a 170-acre mixed-use commercial, retail and office development. The $300 million project will feature 435,000 sq. ft. of public space including a 55,000 sq. ft. casino with 2,500 slot machines and 40 table games. The resort will offer numerous amenities including a 22,000 square foot spa with outdoor pools, a 10-screen movie theater complex, six full service restaurants and seven quick-serve outlets. Lorenzo J. Fertitta, president of Station Casinos, stated: ``We selected Mikohn's progressive technology and displays because of their quality and advanced capabilities, which will support the efficiency of our operations and contribute to providing our patrons with the best possible gaming and entertainment experience. As the acknowledged leader in the Las Vegas locals market, Station Casinos serves some of the most knowledgeable and demanding gaming customers to be found anywhere in the world, and our properties must set the standard in casino entertainment.' Station Casinos, Inc. owns and operates Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Santa Fe Station Hotel & Casino and the Wild Wild West Gambling Hall & Hotel in Las Vegas, Nevada; the Texas Station Gambling Hall & Hotel, and the Fiesta Casino Hotel in North Las Vegas, Nevada; and Sunset Station Hotel & Casino, and The Reserve Hotel & Casino in Henderson, Nevada, as well as slot machine route management services in the Las Vegas metropolitan area. The company also owns a 50 percent interest in Barley's Casino & Brewing Co. in Henderson. Mikohn is a diversified supplier to the casino gaming industry worldwide, specializing in the development of innovative products with recurring revenue potential. Mikohn develops, manufactures and markets an expanding array of slot games, table games and advanced player tracking and accounting systems for slot machines and table games. The company is also a leader in exciting visual displays and progressive jackpot technology for casinos worldwide. There is a Mikohn product in virtually every casino in the world. For further information, visit the company's website: www.mikohn.com |