Paltronics Files Counter Suit Against Mikohn

LAS VEGAS – (PRESS RELEASE) -- Paltronics Inc., a leading manufacturer of gaming technology, announced it filed several counterclaims against Mikohn Gaming in the U.S. District Court in Nevada on Sept. 24, 2004 (amended Oct. 14, 2004) for patent infringement, antitrust, tortious interference and fraud.

"We are diligently enforcing our patent rights and intend to be compensated for our damages suffered from the unauthorized use of our patented technology," said Angelo Palmisano, president and chief executive officer of Paltronics Inc. "We further believe the allegations filed against us by Mikohn and its subsidiary Progressive Games are unfounded, and have filed a Motion to Dismiss with respect to certain claims in that case."

Established in 1991, Paltronics Inc. is a gaming technology manufacturer in the United States and overseas, offering services such as: development and distribution of gaming systems, display configurations, LED meters, proprietary games and management systems. Office locations include Las Vegas, Reno, Chicago, Atlantic City, Johannesburg, Sydney and London. Please visit http://www.paltronics.com or call 1-877-GO-1-LINK for more information.