r> LEVIS, Jan. 20 - DEQ Systems Corp. (TSX-V: DEQ) and globally renowned TCSJohnHuxley announced today the signature of an agreement for the distribution of DEQ's G3 electronic auxiliary system for casino table games.
The agreement covers exclusive distribution of the G3 electronic platform in Western and Eastern Europe, excluding Russia as part of the TCS table game and side betting product offering. This exclusive license grants the right to TCSJohnHuxley to offer DEQ's patented technology to its clients in exchange for a fixed monthly royalty per system. The agreement foresees the leasing of a minimum of 500 electronic systems over the next three years.
Mr. David K. Heap, Group Chief Executive of TCSJohnHuxley stated: "We are constantly striving to offer our customers the best products available and particularly those that can provide additional revenue earning opportunities. The agreement with DEQ will allow us to provide our clients with the most advanced market proven side betting technology available which is complementary to our core product range and can be utilised with our exciting portfolio of proprietary games.
Earle G. Hall, President and CEO of DEQ Systems Corp. stated: "We are very pleased to have teamed up TCSJohnHuxley to represent our products and be a distributor of our systems. We were looking for a partner that could provide a high level of customer service to support our product offering with a European home base. With its extensive customer base and local offices, TCS was a natural choice and in the best position to help us achieve our corporate goals. We feel very privileged to join the TCSJohnHuxley partnership team."
DEQ's patented technology is recognized worldwide as an important source of increased table game profitability for casinos. The company's technological platform, with its array of patented and exclusive functionalities, is fully customizable and easily adaptable to fit any kind of table games, which are great advantages over all products available today. DEK International, the present distributor in Eastern Europe, will retain its rights to their present clients as well as conserve the exclusive rights to distribution in Russia.
TCSJohnHuxley will be showcasing side betting products using DEQ's G3 Electronic Platform at the International Casino Exhibition (ICE) in London, January 24-26 (booth No. 3100).
About DEQ Systems Corp.
DEQ is a worldwide provider of gaming technology products including multiple bet electronic side-betting systems. DEQ's internationally patented technology enhances performance and the pleasure of existing casino gaming products. DEQ's products are present in more than 185 casinos located in more than 30 countries around the world. DEQ has developed and holds an extensive international patent portfolio that is the basis of the current product line.
About TCSJohnHuxley
The combination of manufacturing excellence and innovative product development means that everything you need for the casino of the future is in one place - from quality, hand-crafted furniture to cutting edge technical equipment. TCSJohnHuxley has strategically based offices all over the world providing a consultancy based sales approach backed up by industry leading after-sales service and technical support.
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