- LAS VEGAS -- Progressive Gaming International Corporation , a leading provider of diversified products and services used in the gaming industry worldwide, announced today that it will no longer pursue a patent infringement suit against Paltronics, Inc.
Executive Vice President and General Counsel Robert Ziems stated: "We have been evolving away from proprietary hardware to a software-based technology and content business model across the board, including our progressive and mystery systems. The future architecture of these systems will not be dependent on proprietary hardware. Our software-based progressive and mystery systems have been submitted to the key gaming jurisdictions and are pending approval in the large North American markets where customer interest continues to grow. We could no longer justify the expense of pursuing a patent infringement case primarily focused on hardware."
About Progressive Gaming International
Progressive Gaming International is a leading supplier of Integrated Casino Management Systems Software and Games for the gaming industry worldwide. The Company develops and distributes an expanding array of slot and table games, plus management and progressive jackpot software systems.
The Company is unique in the industry in offering management, progressive systems and games as a modular yet integrated solution. There is a Progressive Gaming International product in virtually every casino in the world. For further information, visit www.progressivegaming.net. |