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News and Information Article
LAS VEGAS, July 18 /-FirstCall/ -- VendingData(TM)
Corporation (Amex: VNX), received its first casino chip orders following
the recently completed acquisition of RFID enabled casino chip developer,
Dolphin Advanced Technologies PTY Ltd., ("Dolphin"), on July 12, 2006.
VendingData noted that it has received follow-on orders for its Dolphin
Gaming chips from Galaxy Starworld Casino, Sydneys Star City Casino, Crown
Casino Melbourne and SKYCITY, Adelaide.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020325/LAM034LOGO )
Simon Herbert, VendingDatas Global VP of sales commented, "Were
delighted in the confidence that leading casino operators have shown in the
assimilation of Dolphin into VendingData Corporation through uninterrupted
ordering. Dolphins traditional chip business has historically generated
several million casino chip sales per year, at attractive margins. Given
this current trend in orders, VendingData will be able to fully recognize
this revenue stream in addition to the outstanding opportunity we have in
marketing our new Dolphin high frequency (13.56 MHz) RFID Casino Chips. Our
first RFID casino chip order for 500,000 units was received on April 2,
2006. We have now received an additional follow-on order for the Dolphin
RFID chip from Galaxy Starworld Casino and expect to ship this order during
the current quarter."
Simon added, "The Dolphin Casino Chip is a high precision product which
has been supplied to casinos in virtually every country, excluding the
United States. Forward-thinking casino operators are now beginning to
embrace RFID technology and the benefits it offers in terms of increased
security, rapid accounting capabilities and enhanced player tracking. The
VendingData(TM) Dolphin High Frequency RFID Casino Chip employs a patented
embedding process, the most reliable and cost-effective on the market. The
Dolphin gaming chip, benefiting from worldwide acceptance and 10 years
product refinement, is the perfect vehicle for the RFID technology."
About VendingData(TM) Corporation
VendingData Corporation is a Las Vegas-based developer, manufacturer
and distributor of innovative products for the gaming industry. The
companys products include the Deck Checker, PokerOne and RandomPlus
shuffler lines. VendingDatas newest innovative products include the
ChipWasher and high- frequency RFID Casino Chips. The companys customers
include mega-gaming corporations such as Caesars Entertainment, MGM Mirage,
Station Casinos, and Boyd Gaming as well as major casinos such as The
Venetian, Foxwoods Resort Casino and the worlds largest poker room,
Commerce Casino. International customers include casinos in Argentina,
Columbia, Korea, Macau, Malaysia, Peru, United Kingdom, and Uruguay. Visit
the VendingData Web site at http://www.vendingdata.com.
This release contains forward-looking statements. Such statements
reflect and are subject to risks and uncertainties that could cause actual
results to differ materially from expectations. Factors that could cause
actual results to differ materially from expectations include, but are not
limited to, customer and casino acceptance of the new game, regulatory
approvals of the new game and the risks and factors described from time to
time in the Companys reports filed with the Securities and Exchange
Commission, including, but not limited to the Companys Form 10-QSB for the
quarter ended March 31, 2006, and, the Companys Annual Report on form
10-KSB for the year ended December 31, 2005.
Contact: Company Contact:
Michelle Glenn
VP Marketing
VendingData(TM) Corporation
702-733-7195
mglenn@vendingdata.com
or
Investor Contact:
Yvonne L. Zappulla
Managing Director
Wall Street Investor Relations Corp.
212-681-4108
Yvonne@WallStreetIR.com
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