Mikohn's Garfield(TM), It's all About Me!(R) slot game has been approved by Mississippi Gaming. Installations are expected to begin immediately throughout the state. In addition, Mississippi Gaming has also granted approval to commence beta testing of Mikohn's Ticket-In/Ticket-Out (TITO) technology.
President and Chief Executive Officer Russel McMeekin stated: "We are very pleased to receive these important new approvals. Our Garfield(TM) game has been performing exceptionally well and we look forward to the installation of over 60 additional games in this key territory. The addition of TITO-enabled games in this jurisdiction, upon approval, should incrementally increase our installed base in this lucrative market."
About Mikohn: Mikohn is a leading supplier of innovative and diversified products and services used in the gaming industry worldwide. The Company develops, manufactures and distributes 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 market 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 at www.mikohn.com.
Garfield (C)2004 Paws, Inc. All Rights Reserved.
Safe Harbor Statements under The Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, including statements regarding expected installations of the Garfield(TM), It's all About Me!(R) slot game in Mississippi, beta testing of TITO technology in Mississippi and increases in Mikohn's installed base following approval of TITO technology in that jurisdiction. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, risks related to delay in the introduction of new products, further approvals of regulatory authorities, rights licensed from content providers, the Company's ability to enforce its intellectual property rights, the Company's ability to meet its capital requirements, relationships with casino operators, the overall industry environment, customer acceptance of the Company's new products, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions as well as the Company's debt service obligations. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
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