PokerTek, Inc. (NASDAQ: PTEK) is excited to announce the release of PokerPro Heads-Up, the industry’s first two-seated heads-up style electronic poker table. Never before has an automated heads-up table been available for play in a casino.
"The idea is simple," said James Crawford, President of PokerTek. "Poker players love to play heads-up poker and casino operators are constantly looking for new ways to meet their customers’ needs. In the past, it’s been hard to find a casino that would deal a heads-up game for regular players. Now, PokerPro Heads-Up offers casinos a profitable way to spread heads-up poker."
"We believe there is strong player demand for heads-up poker in our casino," said Hashem Minaiy, CEO of The Bicycle Casino in Bell Gardens, California. "Unfortunately, this form of poker is too costly to be hand-dealt. With the advent of PokerPro Heads-Up, we can now offer this great game to our players."
In addition:
PokerPro Heads-Up uses only 20% of the floor space of a traditional table. This compact design allows operators to position the poker table in the poker room and throughout the casino floor.
PokerPro Heads-Up incorporates all the benefits of the PokerPro™ technology, including speed, accuracy and secure, cashless gaming.
PokerPro Heads-Up allows operators to spread both sit-and-go tournaments and one-on-one cash games.
PokerPro Heads-Up has been submitted to Gaming Laboratories International (GLI) for certification. PokerTek previously announced that PokerPro X, the original 10-seated poker table, was GLI-certified on October 5, 2006. Both PokerPro Heads-Up and PokerPro X will be on display at Booth #3949 at the Global Gaming Expo from November 14-16 at the Las Vegas Convention Center.
About PokerTek, Inc.
PokerTek, Inc. (NASDAQ: PTEK), headquartered in Charlotte, NC, develops and markets the PokerPro™ system, an electronic poker table that provides a fully automated poker room environment. The PokerPro™ system was developed to attract new players to poker and increase casino revenue. For more information please visit the company's website at www.pokertek.com or contact Becca Bernstein at 704.849.0860 x119.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements expressing expectations regarding our future (including pending gaming and patent approvals) and projections relating to products, sales, revenues and earnings are typical of such statements and are made under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently.
All forward-looking statements are subject to the risks and uncertainties inherent in predicting the future. You should be aware that although the forward-looking statements included herein represent management's current judgment and expectations, our actual results may differ materially from those projected, stated or implied in these forward-looking statements as a result of many factors, including, but not limited to, overall industry environment, customer acceptance of our products, delay in the introduction of new products, the further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of permits or licenses by governmental authorities, competitive pressures and general economic conditions, and our financial condition. These and other risks and uncertainties are described in more detail in our most recent annual report on Form 10-K filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur except as required by the federal securities laws, and you are urged to review and consider disclosures that we make in the reports that we file with the Securities and Exchange Commission that discuss other factors germane to our business.
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