Ten Stix to Distribute DEQ's EZANTE(TM) and EZTRAK(TM)
04 Dicembre 2007 - 12:14AM
Marketwired
LEVIS, QUEBEC has announced today that it entered into a
distribution agreement with Ten Stix Gaming, inc. ("Ten Stix") for
the distribution of the EZANTE(TM) and EZTRAK(TM) systems in the
United States. The distribution agreement has a three (3) year term
and includes minimum royalties payable on a quarterly basis
throughout the term of the agreement. The total minimum royalties
for the term of the agreement are set at USD $525,000. The
distribution agreement also allows Ten Stix to install DEQ's G3(TM)
on its proprietary table games such as Baccarat Plus and Hold'em
Plus in the United States.
"We are pleased to welcome Ten Stix to our distribution
channel", says Earle G. Hall, President and Chief Executive Officer
of DEQ. "These two new product lines are very promising and Ten
Stix's leadership to contractually and financially commit to
distribute them clearly demonstrates their commitment to the
commercialization of these products in the United States."
The EZTRAK(TM) is offered in two versions: the EZTRAK(TM):
Baccarat Edition system can be installed on any baccarat table
game, including EZ Baccarat(TM), the no commission version of the
game. The EZTRAK(TM): Blackjack Edition system can be installed on
any blackjack table. EZANTE(TM) is an electronic collection fee
system that automatically deducts the player's ante fee at the
beginning of each round of play.
ABOUT DEQ
Founded in 1998, DEQ Systems Corp. (TSX VENTURE: DEQ) is a
leader in the table game bonusing technology field. DEQ's patents,
products and features include side bet bonusing games with
progressive and random jackpot prizes, slot machine style mystery
bonusing, multiple credit and denomination betting flexibility,
dealer hand betting, electronic credit bank, electronic rake,
baccarat hand tracking, multimedia animation and sound effects. DEQ
has an extensive patent portfolio that is recognized in more than
50 countries such as the USA, Macau, Australia and Canada. DEQ's
bonusing solutions and products are present in more that 200
casinos in over 30 countries.
DEQ Systems Corp. has been selected in the TSX Venture 50 in
2007. "2007 Venture 50" is a trademark of TSX inc. and is used
under license.
Forward-looking statements contained in this Press Release
involve known and unknown risks, uncertainties and other factors
that may cause actual results, performance and achievements of the
Company to be materially different from any future results,
performance or achievements expressed or implied by the said
forward-looking statements.
TSX Venture does not accept any responsibility regarding the
accuracy of the information contained in this press release.
Contacts: DEQ Systems Corp. Earle G. Hall President & CEO
418-839-3012 418-839-5956 (FAX) earle.hall@deq.com DEQ Systems
Corp. Marco Estrela Chief Marketing Officer 418-839-3012
418-839-5956 (FAX) marco.estrela@deq.com www.deq.com
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