AWARD-WINNING ENGINEER JOINS LVGI’S PRODUCT DEVELOPMENT TEAM
Chad Ryan Named Director of Technical Product Development
LAS VEGAS (June 12, 2007) – LVGI continues to gather the industry’s best and brightest to its team, and now the company is proud to announce that award-winning engineer Chad Ryan has been appointed Director of Technical Product Development.
Ryan has more than 11 years of direct casino gaming industry experience in engineering and product development. His experience touches all aspects of game design, platform development, regulatory testing and approval, project management, departmental management, definition and realization of customer requirements for new product development.
In his new role at LVGI, Ryan will interface with the business and technology teams to develop new technologies that provide innovative solutions for gaming operations.
LVGI President and CEO Jon Berkley said, “We are serious about our goal to become a leading gaming technology development company and a distributor of emerging gaming technologies to the gaming industry. Chad joining the LVGI team sends a very clear signal that LVGI is a company focused on innovation.”
Educated at Case Western Reserve University in Cleveland, Ryan has spent nearly 12 years at WMS Gaming, most recently serving as Principal Engineer – Systems Engineering. He has also been extensively involved in the Gaming Standards Association, serving on GSA’s G2S, Transport and Architecture Oversight committees and as chair of the organization’s SAS committee. For his extensive work, he was awarded the GSA’s Circle of Excellence Award in 2004.
About Las Vegas Gaming, Inc. ("LVGI")
LVGI is a game-management system operator, supplier and game designer specializing in innovative gaming technologies as well as keno, bingo and lottery products. LVGI’s patent-pending PortalVision™ technology is a games and media content delivery system for gaming devices and television. LVGI is also the licensed operator of the Super Bonanza Bingo® progressive and The Million Dollar Ticket® game, as well as the highly acclaimed linked and progressive keno game, Nevada Numbers®. LVGI is on file with the Securities and Exchange Commission, and the company holds numerous gaming licenses in many jurisdictions. For more information about LVGI, visit www.lvgi.com.
Forward-looking Statements
All statements included in this press release, other than historical information or statements of historical fact, are forward-looking statements. These statements fall within the meaning of Section 27A of Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including statements regarding any expected financial position, business and financing plans. Some of the forward-looking statements can be identified by the use of forward-looking terms such as “believes,” “expects,” “may,” “will,” “should,” “could,” “seek,” “intends,” “plans,” “estimates,” “anticipates,” or other comparable terms. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in forward-looking statements contained herein. For more information on the potential factors that could affect the Company’s financial results and business, please refer to the Company’s filings with the SEC including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
###