MINNETONKA, Minn., July 30, 2012 /PRNewswire/ -- Table Trac, Inc. (OTCQB: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, today announced the completion of a master license agreement for a multi-property casino management systems solution with Thunderbird Resorts - Peru.
Table Trac will be providing four casino properties in Peru with its Casino Trac Casino Management System (v3.8.2a) which was recently approved by the Peruvian government and meets the standards and requirements of the Government's Supreme Decree for a Unified Control System in Real Time (SUCTR).
Implementation of the new casino management system will occur across all four properties including, Luxor Lima, Luxor Tacna, Mystic Slots in Cusco and the El Dorado Maynes. Along with providing Thunderbird Resorts with an interconnected computerized system in real-time with a connection to the Ministry of Foreign Trade and Tourism and the National Superindence of Tax Administration, Table Trac's casino management system provides a host of cutting-edge technology and marketing features that will increase player loyalty and create operational efficiencies. This contract brings the total number of casinos in Peru using Table Trac''s casino management system to five.
"We are committed to working with Thunderbird Resorts and its partners throughout the world and will be creating significant competitive applications for our systems that we believe will create excitement for Thunderbird's patrons and increased profitability for those casinos with our system," said Glenn Goulet, Table Trac's Chief Executive Officer. "We are honored to continue and expand our relationship with one of the most respected casino operators in all of Latin America and Asia."
"Table Trac's commitment to meeting the standards and requirements of the Peruvian government was very important to us," said Tom Mraz Thunderbird Resort's Peru Country Manager. "Their understanding of our needs to build strong relationships and loyalty with our players through their comprehensive suite of casino management and player loyalty programs will offer us a powerful marketing and player-rewards solution."
Thunderbird Resorts is an international property developer of dynamic, themed and integrated venues that are anchored by casinos currently operating in Asia and Latin America.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed in North, South, and Central America, as well as the Caribbean. 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
Glenn Goulet, CEO
Table Trac, Inc.
Phone: (952) 548-8877
SOURCE Table Trac, Inc.