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Table Trac and Global Payment Sign Letter Of Intent11 June 2001MINNEAPOLIS – (Press Release) -- June 11, 2001 -- Table Trac, Inc. (OTC Bulletin Board: TBTC -), a technology company whose patented real-time management system product automates and monitors the operations of casino table games, jointly announced with Global Payment Technologies, Inc. (``GPT'') (Nasdaq: GPTX - )of Hauppauge, N.Y., the signing of a non-binding letter of intent that includes a joint venture and distribution agreement. The non-binding letter of intent is subject to the signing of definitive agreements. The agreement calls for GPT to market, worldwide, a new table gaming product that automates and monitors, on a real-time basis, the operations and revenues of casino table games. This product is a combination of patented technologies of both companies and uses GPT's new ARGUS(TM) validator that accepts and validates currencies worldwide. The product will have its debut in Puerto Rico on June 11, 2001 in the GPT exhibition booth during The Caribbean Gaming Show. Additionally, both companies will issue further details upon the signing of the definitive agreement. About Global Payment Technologies, Inc. -- www.gpt.com Global Payment Technologies is a United States-based designer, manufacturer, and marketer of automated currency acceptance and validation systems used to receive and authenticate currencies in a variety of payment applications worldwide. GPT's proprietary and patented technologies are among the most advanced in the industry. GPT maintains manufacturing facilities in Hauppauge, N.Y. and sales offices in Las Vegas, the U.K., Australia and South Africa. About Table Trac, Inc. --Tabletrac.com Table Trac, based in Minnetonka, Minn., has developed a patented real-time system that automates and monitors the operations of casino gaming tables. It provides casino management with comprehensive information including linking table games activity seamlessly into an automated environment that provides instant information about the entire casino's table gaming status, along with slot machine play, players club, accounting, banking and games security. This system may be utilized in conjunction with the new product. |