New Board Appointment at DEQ

Jul 06, 2015, 16:00 ET from DEQ SYSTEMS CORP.

LAS VEGAS, NV, July 6, 2015 /PRNewswire/ - DEQ Systems Corp. (TSXV: DEQ) ("DEQ" or the "Company") announces that it has accepted the resignation of Mr. Alexandre Lattès, who served as a member of the Board and Audit Committee Chair, effective immediately. In the spirit of continuity, he will continue to act as a consultant to the Board. The Board wishes to thank Mr. Lattès for his valued service and dedication to DEQ during his tenure, and wishes him well in his future endeavors.

DEQ is pleased to announce the appointment of Mr. Jon L. Whipple to the board of directors, and he will also serve as Audit Committee Chair. Mr. Whipple currently serves as Chief Executive Officer of Gaming Technology Group. Mr. Whipple has participated in a diverse set of businesses throughout his career and held various senior management and financial supervisory roles with casino gaming and non-gaming organizations, including International Game Technology (IGT), GameTech International, Inc. and Boomtown, Inc. Mr. Whipple is a Certified Public Accountant who earned a B.S. in Accounting and a Minor in Business Administration from Utah State University.

"I am excited about the opportunity to serve on the board of DEQ, and feel privileged to be offered the responsibility of the Audit Committee Chair," stated Mr. Whipple. "The gaming industry today offers great opportunity for smaller companies with strong talent, drive and vision.  DEQ has all of these qualities, and I look forward to working with such distinguished talent in growing this business."

The Board is now composed of the following four members including two independent members: David D. Ross and Jon L. Whipple; and two non-independent members: Joseph E. Bertolone and Earle G. Hall. Mr. Ross serves as Chairman of the Board and as the Whistleblower Officer. The audit committee will now consist of Messrs. Whipple (Chair), Ross and Bertolone, the governance and compensation committees will now consist of Messrs. Ross (Chair), Whipple and Hall, and the compliance committee will now consist of Messrs. Hall (Chair), Whipple and Bertolone.

ABOUT DEQ 

DEQ Systems Corp. (TSXV: DEQ) is a market leader in Table Game Systems, live and online Proprietary Table Games content and Table Top Utility solutions. DEQ markets industry leading brands such as our G3™ Table Progressive System and our EZ Baccarat™ live and online Proprietary Table Game content. DEQ's systems and games are installed in over 300 casinos, in 30 countries around the world.  For further information, please visit www.deq.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE DEQ SYSTEMS CORP.



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