IGT, Walker Digital Enter Agreement

RENO, Nevada and STAMFORD, Connecticut – (PRESS RELEASE) -- International Game Technology (NYSE: IGT) and Walker Digital, LLC, announced today that they have entered into agreements to facilitate the development and introduction of certain Walker Digital casino innovations into the IGT product line, particularly with respect to IGT's new server-based gaming platform. As part of this relationship, IGT has purchased a minority equity interest in Walker Digital's gaming subsidiary.

"IGT is focused on serving our customers, both casinos and players. We believe this relationship with Walker Digital will add value to this focus," said TJ Matthews, CEO of IGT. "These agreements provide us with access to an intellectual property portfolio focused on the creative use of networks within the casino, with a particular emphasis on player preferences. Walker Digital's portfolio is complementary to IGT's own extensive portfolio and we are very excited about the potential this relationship presents."

"Much as high-speed networks changed the world of credit cards, music, travel and telecommunications, we envision the same kind of dramatic developments for traditional casinos. We believe the networks inside casinos can be used in imaginative and powerful ways and have invented and innovated new systems to realize these possibilities," Walker Digital founder Jay Walker said. "IGT's leadership position, vision of the future, and emerging server-based gaming platform make them the perfect partner for bringing a new generation of innovations to market," added Walker.