DEQ Teams Up with Casino Gaming Concepts (CGC) in an Exclusive Distribution Agreement for Side Betting Products in California Ca
February 15 2006 - 05:49PM
PR Newswire (US)
LEVIS, Feb. 15 /PRNewswire-FirstCall/ -- 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.
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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),
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