DEQ Systems Corp. (TSX-V: DEQ) and California based Casino Gaming Concepts, Inc. (CGC) announced today the signature of an agreement for the exclusive distribution of DEQ's G3 electronic auxiliary system for casino table games in California licensed card rooms.
This license grants the exclusive right to Casino Gaming Concepts to offer DEQ's side betting products to the non bank house gaming establishments in the state of California for a fixed monthly lease. The agreement foresees the leasing of a minimum of 160 electronic systems over the next two years. The agreement with DEQ will allow Casino Gaming Concepts, Inc. to introduce DEQ's technology on their table games and consequently increase table game revenue and overall product performance.
Mr. Moe Mostashari, President of Casino Gaming Concepts, Inc. stated: "DEQ's technology is reputed for driving revenue, providing vital data and eliminating side betting fraud. This agreement with DEQ will directly benefit our clients and their customers by providing the most advanced side betting technology available today."
Earle G. Hall, President and CEO of DEQ Systems Corp. stated: "The California card room market represents one of our main USA targets for our side betting systems. The agreement with Casino Gaming Concepts, with its extensive customer base, will definitely help us achieve our corporate goals in this specific growing market."
About Casino Gaming Concepts Inc.
Casino Gaming Concepts, Inc. holds the patents and trademarks and is recognized as a major distributor and operator of exclusive proprietary table games in California. No Bust Blackjack and 21st Century Baccarat are some of Casino Gaming Concepts' exclusive table games in operation in California licensed card rooms.
About DEQ Systems Corp.
DEQ is a worldwide provider of gaming technology products including multiple bet electronic side-betting systems. DEQ's internationally patented technology enhances performance and the pleasure of existing casino gaming products. DEQ's products are present in more than 185 casinos located in more than 30 countries around the world. DEQ has developed and holds an extensive international patent portfolio that is the basis of the current product line.
------------------------------------------------------------------------
TSX Venture does not accept any responsibility regarding the accuracy of
the information contained in this press release.
Forward-looking statements contained in this Press Release involve known
and unknown risks, uncertainties and other factors that may cause actual
results, performance and achievements of the Company to be materially
different from any future results, performance or achievements expressed
or implied by the said forward-looking statements.
DATASOURCE: DEQ SYSTEMS CORP.
CONTACT: please contact: Earle G. Hall, President & CEO, DEQ Systems
Corp., ; Moe Mostashari, President, Casino Gaming
Concepts, Inc. (CGC),