| 07/07/2004 - VendingData(TM) Corporation Delivers 60 Deck Checkers(TM) to TCSJOHNHUXLEY for International Distrib LAS VEGAS -- VendingData(TM) Corporation (AMEX:VNX) , a leading developer, manufacturer and distributor of security products for the gaming industry, today announced that TCSJOHNHUXLEY, one of the world's largest casino suppliers, executed a purchase agreement for 60 Deck Checkers(TM). The Deck Checkers(TM) were delivered to TCSJOHNHUXLEY facilities in the Americas, Macau, Sydney and the United Kingdom for targeted distribution to casinos in these markets.
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VendingData(TM) Corporation's Chief Executive Officer, Steven Blad, stated, "To date, our Deck-Checkers(TM) have been placed in 46 properties in the United States and approximately 25 in the Asian/Australian market. Notably, in Macau, we placed Deck Checkers(TM) in all of Stanley Ho's properties and began trials in the Sands Casino. We are now working with our international distributor, TCSJOHNHUXLEY, to enter additional markets and anticipate that this latest order will expand our foreign reach into Canada, South America and Europe."
The Deck Checker(TM) was introduced in late 2002 and the first order was shipped in May 2003. VendingData(TM) moved its manufacturing of the Deck Checker(TM) from New Zealand to its facility in Xiaolan City, China during first quarter 2004. The Company sold its last New Zealand produced Deck Checker(TM) in June of this year. VendingData(TM) Corporation's Chief Operating Officer, Mike Jahnke, commented, "The progress made by Deck Checker(TM) thus far in 2004 has been very impressive and has the potential to carry the company to breakeven ahead of schedule."
About Deck Checker(TM)
The Deck Checker(TM) is a card security device that has an integrated management system. The Deck Checker(TM) scans playing cards and specifically checks to ensure an accurate count and verify that all of the cards are present. This innovative product confirms the integrity of each card and will reject any non-conforming card. It can be specifically programmed to read up to six different face designs. The Deck Checker(TM) scans for additional, missing or damaged cards and can run a check by suit and value. No additional staff is required. The Deck Checker(TM) saves staff time since it speeds up the start and the end of day procedures.
About VendingData(TM) Corporation
VendingData(TM) Corporation is a Las Vegas-based developer, manufacturer and distributor of products for the gaming industry including the SecureDrop(R) System, Deck Checker(TM) and Random Ejection Shuffler(TM) line. The Company's products are currently installed in casinos throughout the United States, including Caesars Palace, Bally's, Paris Hotel and Casino, Caesars Tahoe, Circus Circus, Harrah's, Luxor, Oneida Bingo & Casino and the Venetian. International customers include casinos in Argentina, China, Columbia, Korea, Malaysia, Peru, United Kingdom, and Uruguay. Visit the VendingData(TM) 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 events to differ materially from expectations. Factors that could cause actual events to differ materially from expectations include, but are not limited to, the following: the unsuccessful implementation of the Company's 2004 business plan; the unsuccessful transition of our manufacturing and assembly to China; adverse changes in the level of consumer or commercial acceptance of the Company's existing and new products; competitive advances; acceleration and/or deceleration of various product development and roll out schedules; unanticipated costs related to manufacturing, service, selling, administrative, product development and/or marketing; current and/or unanticipated future litigation; regulatory and jurisdictional issues involving the Company, its products specifically or the gaming industry generally; general and casino industry economic conditions; the financial health of the Company's casino and distributor customers both nationally and internationally; compliance with foreign laws and regulations; and the risks and factors described from time to time in the Company's reports filed with the Securities and Exchange Commission.
Contact:
Jessica Neville
Vice President
Marketing and Public Relations
VendingData(TM) Corporation
702-733-7195 x121
neville@vendingdata.com
or
Yvonne L. Zappulla
Managing Director
Wall Street Investor Relations Corp.
212-681-4108
Yvonne@WallStreetIR.com
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Source: VendingData Corporation
CONTACT: Jessica Neville, Vice President, Marketing and Public Relations
of VendingData Corporation, +1-702-733-7195, ext. 121,
neville@vendingdata.com; or Yvonne L. Zappulla, Managing Director of Wall
Street Investor Relations Corp., +1-212-681-4108, Yvonne@WallStreetIR.com, for
VendingData Corporation
Web site: http://www.vendingdata.com/
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