
Elixir
Group Delivers Agreements For A Further 930 Electronic Gaming
Machines Across Asia

LAS
VEGAS, Nevada (PR Newswire) – March 1, 2007 –
VendingData™ Corporation (AMEX: VNX), announced today
that the United States District Court for the District of
Nevada entered an order that adopts and affirms a ruling by
the Magistrate Judge in favor of VendingData and against Shuffle
Master in a patent infringement lawsuit brought by Shuffle
Master against VendingData. The Magistrate Judge, in an opinion
now adopted by the District Court, agreed with VendingData's
construction of certain patent claims that Shuffle Master
has asserted against VendingData's innovative PokerOne™
shuffler product. VendingData's President & CEO Mark Newburg
stated that he believes the District Court's order entered
today "drives a stake in the heart of Shuffle Master's case."
Shuffle Master's setback today follows previous setbacks
in the case. Although Shuffle Master was initially successful
in obtaining a preliminary injunction against the sale of
VendingData's PokerOne™ shuffler, VendingData persuaded
the United States Circuit Court for the Federal Circuit to
stay the preliminary injunction. The Federal Circuit, after
full briefing and oral argument, then vacated the preliminary
injunction in its entirety in December 2005.
The reversal of Shuffle Master's preliminary injunction and
today's order adopting VendingData's claim construction leave
Shuffle Master exposed to liability on a $3 million bond it
posted to secure the preliminary injunction. VendingData intends
to vigorously pursue collection of the $3 million bond and
other damages from Shuffle Master.
About VendingData™ Corporation
VendingData Corporation is a Las Vegas-based developer, manufacturer
and distributor of innovative products for the gaming industry.
The company’s products include the DeckChecker™,
PokerOne®, the Random Ejection Shuffler™ lines,
and the Dolphin Chip product line, which include traditional
and high-frequency (13.56 MHz) RFID gaming chips. VendingData’s
newest innovative products include the ChipWasher™ and
high-value gaming plaques. Visit the VendingData Web site
at www.vendingdata.com.
The statements contained in this press release that are not
historical are "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended (the
"Securities Act"), and Section 21E of the Securities Exchange
Act of 1934, as amended (the "Exchange Act"), including statements,
without limitation, regarding the VendingData's expectations,
beliefs, intentions or strategies regarding the future. Such
forward-looking statements relate to, among other things:
(1) VendingData's expectations concerning the ultimate outcome
of its litigation with Shuffle Master; and (2) VendingData's
expectations concerning the collection of the $3 million bond
and other damages from Shuffle Master; and (3) other developments
in pending or future litigation. These statements are qualified
by important factors that could cause the Company's actual
results to differ materially from those reflected by the forward-looking
statements. Such factors include but are not limited to: ,
(4) the risk that VendingData may not be ultimately successful
in its lawsuit with Shuffle Master; and (5) the risk that
VendingData may not collect a meaningful amount, if any, of
the $3 million bond or other damages from Shuffle Master;
and (6) the general risks associated withVendingData’s
operations, including those risks and factors described from
time to time in the Company's reports and registration statements
filed with the Securities and Exchange Commission. VendingData
cautions readers not to place undue reliance on any forward-looking
statements. VendingData does not undertake, and specifically
disclaims any obligation, to update or revise such statements
to reflect new circumstances or unanticipated events as they
occur.
Contact:
Michelle Glenn
VP Marketing
VendingData™ Corporation
702-733-7195
mglenn@vendingdata.com
or
Yvonne L. Zappulla
Managing Director
Grannus Financial Advisors
212-681-4108
Yvonne@WallStreetIR.com
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» Shuffle Master abandons Appeal against Elixir Gaming Technologies (12/03/2008)
» Elixir Gaming Technologies Provide Update on Venue Improvement Initiatives and Reports Third Quarter 2008 Results (11/13/2008)
» Elixir Gaming Technologies Improves Balance Sheet and Liquidity through Multi-faceted Agreements with Elixir Group (11/06/2008)
» Elixir Gaming Management to Participate in 2008 Gaming Investment Forum Held in Conjunction with G2E Show (10/22/2008)
» Elixir Gaming Technologies to Report Third Quarter Results on November 13 and Host Conference Call and Webcast (10/21/2008)
» Elixir Gaming Technologies to Present at Noble Financial Equity “M.A.D. MAX” Conference on Monday, August 18 at 12:30 p.m. PDT (08/14/2008)
» Elixir Gaming Technologies Reports Second Quarter 2008 Results (08/13/2008)
» Elixir Gaming Technologies to Report Second Quarter Results on August 13 and Host Conference Call and Webcast (08/06/2008)
» Elixir Gaming provides update on Business Optimization Plan(07/07/2008)
» Elixir Gaming Technologies to Host Asian Gaming Market Tour(05/14/2008)
» Elixir Gaming Technologies Reports First Quarter
2008 Financial Results(05/13/2008)
» View
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