Game Trading Technologies, Inc. Partners with 7-Eleven, Inc. in Introducing 'Great Games Below $20' Program to Over 3,000 U.S. Stores
HUNT VALLEY, Md., April 19 /PRNewswire-FirstCall/ -- Game Trading Technologies, Inc. ("GTT", OTC Bulletin Board: GMTD), a leading game-trading services provider, announced today that it has created a new program of "GREAT GAMES BELOW $20" for more than 3,000 7-Eleven® stores. These outlets represent 50 percent of the U.S. stores operated and franchised by 7-Eleven, Inc.
"What this means to consumers is that they will have many convenient locations, most open 24/7, to buy value-priced video games," said Todd Hays, president and CEO of Game Trading Technologies, Inc. "The program is available to all 7-Eleven U.S. franchisees, and we hope to have most U.S. stores on board by September."
Each participating store receives a corrugated display with a mixture of games representing various platforms and price points, all at $19.99 or below. GTT, a company focused on technology, supply and services in the fast growing, pre-owned video game market, also provides regular replenishment to ensure that stores remain well-stocked with a broad selection of games at value prices.
"We partnered with GTT because of their experience and expertise as a third-party provider of video games and the terrific selection they'll offer to our customers," said Michael Jester, 7-Eleven category manager for gaming and electronics. "More than 60 percent of U.S. households now have at least one video game console, and consumers are searching for convenient ways to stretch their entertainment dollar in this challenging economy."
About Game Trading Technologies, Inc.
Founded in 2003 and headquartered in Hunt Valley, MD, Game Trading Technologies, Inc. is a leading video game trading services provider focused on valuation, procurement, refurbishment, and redistribution of pre-owned video games. Game Trading Technologies, Inc. currently offers unique services, supported by innovative technologies to an array of national firms, allowing them to better serve customers who want to trade their games for store credit or purchase pre-owned games. The foundation of most of these relationships is Game Trading Technologies, Inc.'s proprietary game trading database, which updates values on more than 10,000 video games and consoles on a daily basis according to market conditions. Game Trading Technologies, Inc. shares are traded on the OTCBB under the symbol 'GMTD'. Additional information is available within Company's website at www.gametradingtechnologies.com or by calling (877) 631-GAME (4263).
About 7 Eleven, Inc.
7 Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses more than 8,100 7-Eleven® stores in North America. Globally, 7-Eleven operates, franchises or licenses approximately 37,900 stores in 16 countries. During 2008, 7-Eleven stores worldwide generated total sales of more than $53.7 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #3 spot on Entrepreneur magazine's Franchise 500 list for 2009, #3 in Forbes magazine's Top 20 Franchises to Start, #3 among Top 100 Global Franchises by Franchise Direct, #3 in Store Growth by Convenience Store News, #2 in Franchise Times Top 200 Franchise Companies and #29 among Top 100 Chains in Food Service. In addition, Hispanic Magazine's named 7-Eleven in its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven recently was selected by three diversity publications as a company offering the best career and franchisee opportunities. 7-Eleven is franchising its stores in the U.S., and is expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.
SOURCE Game Trading Technologies, Inc.