MINNETONKA, Minn., Aug. 23 /PRNewswire-FirstCall/ -- Table Trac, Inc. (OTC Bulletin Board: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, today announced that Glenn Goulet has been appointed Executive Vice President of the Company, effective immediately. He has been on Table Trac's Board of Directors since 2009. Mr. Goulet will report directly to Chad Hoehne, Table Trac President and CEO.
Mr. Goulet brings more than 16 years of gaming equipment sales and marketing experience to Table Trac's senior management team. In his position at Table Trac, he will work to expand and manage sales and marketing initiatives with a focus on aligning the Company's technologies, products and services to increase customer value.
Since 2008, Mr. Goulet served as Corporate Director of Research for Intralot, one of the world's leading providers of gaming systems, contributing to that company's significant increase in U.S. market share from six gaming jurisdictions to 11 in a span of less than two years. Mr. Goulet also previously served as Senior Vice President of Multimedia Games where he led that organization's marketing and gaming research efforts in several key tribal and commercial gaming markets including Oklahoma, New York, Washington and Alabama. His executive experience also includes work at Gtech Corporation, a leading gaming technology and service company, Market Strategies and the Republican National Committee. He serves on the Editorial Advisory Board of Casino Journal. Mr. Goulet is a graduate of the New York Institute of Technology in New York.
"Glenn is an outstanding strategic addition that significantly improves the depth and expertise of our leadership team," said Chad Hoehne, Table Trac President and CEO. "He brings relevant experience and expertise from several gaming industry leaders where, in each case, he played a significant role in expanding market share and enhancing product offerings and customer value. We are excited to have him join our management team and contribute to Table Trac's development on a full-time basis."
Mr. Hoehne continued, "As a member of the Board of Directors at Table Trac, Glenn has already been instrumental in working with our team to develop and uncover new markets and opportunities. I believe our team members, our customers, and our shareholders alike, will benefit as a result of his marketing and product development skills."
Mr. Goulet commented, "Having followed Table Trac for several years before actively becoming involved in 2009, it is clear that not only do we have the right products and technologies in place to provide the market with operational and technical efficiencies, but we also have the tools and skills to help casinos increase revenues. I look forward to the opportunity of helping Table Trac expand its visibility in the industry as well as its market share."
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. develops and sells casino information and management systems. The company provides system sales, installation, training, as well as license and technical support to casinos. The company has systems installed in North, South, and Central America.
More information is available at http://www.tabletrac.com/.
Forward Looking Statements
Statements made in this press release, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute "forward-looking statements" within the meaning of the federal securities laws. These certain statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by words like "strategy," "expects," "plans," "believes," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995.
For further information on factors that could impact Table Trac and statements contained in this press release, reference should be made to Table Trac's filings with the Securities and Exchange Commission, including quarterly reports on Forms 10-Q, current reports on Form 8-K and annual reports on Form 10-K. You can access such filings at http://www.sec.gov.
For More Information
Chad Hoehne, CEO, President & CFO
Table Trac, Inc.
Phone: (952) 548-8877
SOURCE Table Trac, Inc.