RENO, Nev., July 21 /PRNewswire-FirstCall/ -- GameTech
International, Inc. (Nasdaq: GMTC), a leading supplier of
electronic bingo equipment and video lottery terminals, announced
today that Bill Fasig has been named
as President and Chief Executive Officer of the company. Mr.
Fasig's appointment as President and Chief Executive Officer is
effective immediately, although subject to regulatory approvals.
While Floyd "Bud" Glisson will no longer be serving as
President and Chief Executive Officer of the company, he is
expected to remain on the board of directors.
Mr. Fasig joined GameTech in January
2009 as Vice President of Marketing and International Sales,
served as Senior Vice President of Global Sales, Marketing, and
Service, and most recently was appointed as Chief Operating Officer
in February of 2010. Prior to joining GameTech, Mr. Fasig was
the Chief Executive Officer of BMM Compliance for the Americas.
In this capacity, Mr. Fasig was responsible for all aspects
of BMM's business and operations in North and South America. Prior to BMM, Mr. Fasig
enjoyed a long career in the high-technology, marketing and
communications industries, having served in executive positions
with Apple, Compaq, and VeriSign.
GameTech International, Inc. is in the business of designing,
manufacturing, and marketing computerized bingo and gaming
equipment, systems, and services. Under the GameTech® product
brand the company provides electronic bingo systems and equipment,
and is an innovator in advanced wireless gaming applications and
devices. Under the Summit Gaming ™ product brand the Company
provides video lottery terminal devices, gaming equipment, and
related software and content. GameTech International, Inc.
serves customers in 43 U.S. States, Canada, Japan, Mexico, Norway, Philippines, and the United Kingdom. The company was
incorporated in 1994 and is headquartered in Reno, Nevada.
Statements in this press release that are not historical facts
are intended to be forward-looking statements subject to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. GameTech cautions that these statements are
qualified by important factors that could cause actual results to
differ materially from those reflected by the forward-looking
statements contained herein. Such factors include risks associated
with doing business in a regulated industry, our ability to retain
customers and secure new customers, risks associated with rapid
technological change, and those disclosed in documents filed by the
Company with the Securities and Exchange Commission, including the
Company's most recently filed Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q. GameTech does not intend, and
undertakes no obligation, to update our forward-looking statements
to reflect future events or circumstances.
SOURCE GameTech International, Inc.