DEQ, Paltronics sign deal

15 May 2007

LAS VEGAS, Nevada -- (PRESS RELEASE) -- DEQ Systems Corp. (TSXV: DEQ), a worldwide provider of gaming technology products and Paltronics Inc., a world-leading manufacturer of centralized casino gaming system solutions and display technology today announced that they have entered into a strategic alliance.

Paltronics will license DEQ's table game bonusing patent portfolio and incorporate DEQ's patented and exclusive bonusing features into its One Link(R) table game bonusing systems.

Under terms of this alliance Paltronics will make an up-front payment of US $500,000 to guarantee the first year's royalties to DEQ. A royalty schedule for three years has been agreed upon for current Paltronics' product replacement and new product rollout that includes any or all of DEQ's patented and exclusive bonusing features.

DEQ's cutting edge table game bonusing features include multiple credit betting and denomination flexibility, side bet bonusing games with progressive and random jackpot prizes, mystery bonusing, electronic credit bank, electronic rake and baccarat tracking and scoring as well as multimedia animation and sound effects.

Paltronics will combine selected DEQ features with its One Link Table Systems and its One Link Media systems(R), augmenting its table offerings by adding a wide range of additional benefits to its centralized One Link(R) system.

"DEQ's bonusing and wagering patents are revolutionary as evidenced by the blue chip industry operators that have adopted them. These patents create new incremental revenue for the casinos, offer fresh approaches to table games and more exciting ways to play, said Angelo Palmisano, president and chief executive officer of Paltronics, Inc. "With table games on the rise and an increasingly international client base, this is the ideal time for Paltronics to enter into an alliance with a company of DEQ's caliber. DEQ's patent portfolio is a perfect compliment to our jackpot and media system product line," he added.

Earle G. Hall, president and chief executive officer of DEQ stated, "Paltronics and DEQ share a similar philosophy and that makes us ideal business partners. By leveraging our combined strengths, we will deliver a state-of-the-art bonusing solution with media and management features unlike any the industry has seen to date. We are very proud to welcome this former competitor as our leading business partner in our quest to bring the slot machine bonusing philosophy to the table game segment of the market."


Related Links
DEQ Systems Corp. Gaming Vendor Information

Featured Vendors
Talisman Group Creators of EZ Baccarat
Casino Trac - Table Trac, Inc.
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Casino Trac - Table Trac, Inc.
CasinoTrac™ is a full CMS platform, operating in 225 locations, across 13 countries, since 1995.
Betson Imperial Parts & Service
Sunkist Graphics, Inc.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Oklahoma Indian Gaming Association (OIGA) Conference
TOP ONE TECH LIMITED
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 14-16, 2023 in Tulsa!
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Casino Schedule Ease
Goldfinger Monitors
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Goldfinger Monitors
Innovative touch-screen solutions - vibrant lighting, high-def imagery, bright, bold colors
Broadband Hospitality
Slot Machines Unlimited
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Patriot Gaming & Electronics, Inc.
New Level Radio
Patriot Gaming & Electronics, Inc.
Patriot Gaming…Parts is what we do. Visit us: www.patriotgaming.com
New Level Radio
Your Casino. Your Music. Your Message.
Casino Network
AmericanChecked
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Casino City Press
TribalHub
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
TribalHub
24th Annual TribalNet Conference Sept 18-21, 2023 Town & Country Resort, San Diego, CA
Acres Manufacturing
Acres Manufacturing
Cashless Loyalty & Bonusing in a Single Mobile App


Your Guide to 15,251 Gaming Industry Suppliers