DEQ signs an Online Development and Platform Agreement with GameAccount Network plc
LEVIS, QC, Sept. 9, 2014 /CNW Telbec/ - DEQ Systems Corp. (TSXV: DEQ) ("DEQ" or the "Company"), a leading provider of table game bonusing, jackpot and loyalty solutions, is proud to announce that the Company has entered into an agreement with GameAccount Network plc, a leading developer and supplier of enterprise-level B2B gaming software and online gaming content. The agreement is to launch DEQ's table game content enabled for regulated real money Internet gaming and virtual currency-based Simulated Gaming™ focused on the Italian and New Jersey regulated Internet gaming markets and Simulated Gaming™ deployments for US casino operators.
"We are very pleased to have entered into this agreement with GameAccount Network. This is a strategic part of our table game content product roadmap. Partnering with an established, respected and expert partner who will deliver our game content online into both real money and brick and mortar Simulated Gaming™ customers is essential to drive revenues," stated Joseph E. Bertolone, President and CEO of DEQ.
Dermot Smurfit, CEO of GameAccount Network, added: "DEQ brings recognized, authentic table games from casino properties, with a particular relevance in key Asian markets, for distribution online. We're delighted to work with DEQ to bring their selected table game titles online in the United States for both real money and Simulated Gaming™, for Simulated Gaming™ in Asian markets and in Europe's major regulated real money Internet gaming markets."
DEQ | Overview
DEQ Systems Corp. (TSXV: DEQ) is customer-centric delivering solutions to the global gaming industry with best-of-breed table-game technology related products which add value and increase client revenue. DEQ provides table game bonusing technology, table games, baccarat results tracking, and progressive jackpot connectivity solutions to more than 300 casinos in 30 countries around the world. DEQ also has an extensive patent portfolio of more than 20 patents recognized in 50 countries. For further information, please visit www.deq.com
GameAccount Network | Overview
GameAccount Network is a leading developer and supplier of enterprise-level Business to Business gaming software systems and online gaming content. GameAccount Network is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAME
The Company has developed an Internet gaming enterprise software system, GameSTACK™, which it licenses to online and land-based gaming operators as a turn-key technology solution for both regulated real-money and simulated online gaming. The Internet Gaming System, developed in London under a UK Gaming Commission license, is certified to the highest technical standards currently required by gaming regulators. GameAccount Network is also a leading developer of online casino games and converts offline casino slot machines into online equivalents on behalf of third party land-based slot machine manufacturers. GameAccount Network has an established business in Europe, licensing gaming content to UK, Spanish and Italian gaming operators including, William Hill, Rank, Lottomatica, Sisal MatchPoint, and SNAI.
In the United States, GameAccount Network has partnered with Betfair Plc to provide its Internet Gaming System following the introduction of regulated real-money online gaming in New Jersey in November 2013. In Connecticut, GameAccount Network has licensed its Internet Gaming System to the Mashantucket Pequot Tribal Nation (owners and operators of the Foxwoods® Casino Resort) and currently offers Simulated Gaming™ via the Online Casino published on Foxwoods.com website. In Oklahoma, GameAccount Network has been chosen to launch a promotional play Simulated Gaming™ website via OsageCasinos.com. In New York, GameAccount Network has been chosen by Empire City Casino to launch a Simulated Gaming™ website via www.EmpireCityCasino.com. In Pennsylvania, GameAccount Network has been chosen by Parx Casino to launch a Simulated Gaming™ website via www.ParxCasino.com.
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.
SOURCE: DEQ SYSTEMS CORP.
Joseph E. Bertolone, President & Chief Executive Officer, DEQ Systems Corp., p. (775) 450-0115, e. [email protected]; François Proulx, Chief Financial Officer, DEQ Systems Corp., p: (418) 839-3012, e: [email protected]
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