TableMAX to Participate in Global Gaming Expo (G2E)
TableMAX To Feature Fully Electronic Version Of Popular Texas Hold 'Em Bonus(R) Poker
LAS VEGAS, Nov. 14 /PRNewswire-FirstCall/ -- TableMAX Gaming Inc., a
wholly owned subsidiary of TableMAX Corporation (Pink Sheets: TBLX), a
developer of electronic table games (ETG), announced it will be participating
in the upcoming Global Gaming Expo (G2E) in Las Vegas, Nov. 18-20. TableMAX
will be unveiling electronic versions of two popular felt games soon to be
available exclusively on its ETG platform. The exciting new product will be
demonstrated in booth 2810.
Company executives will also be participating in the G2E 2008 Conference
Program. TableMAX CEO Stephen Crystal will be presenting at the Goldman Sachs
Deutsche Bank Gaming Investment Forum (Mon., Nov. 17), and Benjamin Parks,
TableMAX VP of Sales, is speaking at the Signature Series: Deal with It:
Learning to Love Electronic Table Games (Tues., Nov. 18).
"TableMAX has the exclusive electronic rights to some of the most popular
felt table games ever introduced to the gaming industry. For the first time,
we will be showcasing Texas Hold 'Em Bonus(R) Poker and Caribbean Draw(R)
poker, both in electronic format, exclusively on the TableMAX platform,"
Crystal said.
TableMAX will introduce the first fully electronic table game version of
Texas Hold 'Em Bonus Poker, which traditionally has had the fastest
installation trajectory of any proprietary felt table game ever introduced.
Texas Hold 'Em Bonus Poker is a new take on a classic game. Playing by
standard Texas Hold 'Em rules, the player plays heads-up against the dealer
with the option of placing a side bet which provides the chance to win
life-changing progressive jackpots.
Rising in popularity around the world, Caribbean Draw(R) Poker is a
variation of the classic five-card stud poker allowing the player to discard
up to three cards. The game also includes a fifty-cent side bet which is
linked to a progressive jackpot.
"The addition of Caribbean Draw poker and Texas Hold 'Em Bonus Poker to
our current game library extends our product range, provides existing
customers with new content options and increases our ability to enter and
capture new markets in the fastest growing segment in the gaming industry,"
Crystal added. "With the current economic pressures negatively impacting many
areas of the industry, we are pleased to see a sharp rise in recent sales
activity and confirmed orders. The TableMAX value proposition allows casinos
to provide popular table games, around the clock, at the lower end of the
betting spectrum. For as little as a fifth of the cost to staff and operate as
compared to the games' felt versions, the TableMAX platform has proved to be
cost effective for operators, while maintaining the same or better hold
percentage."
TableMAX will also be showcasing its widely popular Progressive
Blackjack(R), as well as its exclusive electronic version of Caribbean Stud
Poker.
Progressive Blackjack(TM) has just been successfully installed in
California, for the company's first California install, bringing the placed
international and domestic systems to 14 and the confirmed orders to 58.
ABOUT TABLEMAX
TableMAX is engaged in the manufacture, sale and distribution of a
patented five-seat, multi-player electronic table game known as the
TableMAX(R) System(TM). The TableMAX System is a state of the art multi-player
video gaming machine that utilizes patented technology to provide electronic
versions of popular traditional casino card games. The TableMAX game library
includes Progressive Blackjack(TM) (Gaming Labs certified Sept. 2007),
Caribbean Stud(R) Poker (Gaming Labs certified May 2008), Caribbean Draw(R)
Poker (currently undergoing lab testing) and Texas Hold 'Em Bonus Poker(TM)
(release expected in Q1 2009). To date, TableMAX has placed systems on a
recurring revenue basis and outright purchase model. In April 2008, TableMAX
launched its initial wide area network offering a progressive jackpot, linking
TableMAX Systems in operations at two separate Tribal gaming establishments in
Oklahoma. The wide area network is believed to be the first wide area
progressive network on an electronic table game available anywhere in the
world.
FORWARD LOOKING STATEMENTS
This release contains certain "forward-looking statements" relating to the
business of the Company and its principal subsidiary, TableMAX Gaming, Inc.,
which can be identified by the use of forward-looking terminology such as
"believes, expects" or similar expressions. Such forward looking statements
involve known and unknown risks and uncertainties, including all business
uncertainties relating to product development, marketing, market acceptance,
future capital requirements, and competition in general and other factors that
may cause actual results to be materially different from those described
herein as anticipated, believed, estimated or expected. The Company is under
no obligation to (and expressly disclaims any such obligation to) update or
alter its forward-looking statements whether as a result of new information,
future events or otherwise.
