Monday, June 11, 2007

PacificNet Subsidiary Delivers 200 Slot Machines to Gaming Operator in Europe

PacificNet Inc., a leading provider of gaming and mobile game technology, e-commerce, and Customer Relationship Management in China, announced today that its Take1 Technologies subsidiary has delivered 200 electronic slot machines to a leading gaming operator in Europe.

Since the introduction of its new line of electronic gaming machines, Take1 Electronic Slot Machines, Amusement with Prizes Machines, Video Lottery Terminal Machines and Electronic Bingo Machines, Take1 has received positive reviews by the slot, AWP, video lottery and bingo operators.

PacificNet's Take1 subsidiary has been in the business of designing and manufacturing electronic multimedia entertainment kiosks, coin-op kiosks and machines, electronic gaming machines, bingo and slot machines, Amusement with Prizes games, server-based downloadable game systems, and Video Lottery Terminals such as Keno and Bingo machines, including hardware, software, client-server systems and cabinets.

PacificNet's Take1 subsidiary is based in Hong Kong with offices and a hardware manufacturing facility located in Shenzhen, China. Software for the Take1 bingo machines is co-developed by PacificNet's software outsourcing unit, Pacific Solutions Technology, a CMM Level 3 certified software development center with over 200 software programmers located in Shenzhen, China. Recent regulatory changes in Europe and Asia have opened the door to more widespread electronic slot operators and PacificNet's Take1 subsidiary has had success in entering the European and Asian market as a provider of electronic slot machines.

"The selection of our electronic gaming machines by leading gaming operators in Macau, Asia and Europe signifies PacificNet's strong entrance into the global gaming market as a leading supplier of gaming products and technologies," said Victor Tong, President of PacificNet. "With our new focus on the rapidly growing gaming market, we will continue our pursuit of becoming a leading provider of electronic gaming machines, electronic multi-player table games, slot machines, Video Lottery Terminals and bingo machines to the gaming industry.

We believe that we have the right gaming products, software and hardware expertise, research and development center with CMM Level 3 certification, local service staff, the right channels and partnerships, and the experience that is necessary to succeed in this market. We believe that PacificNet is poised to take advantage of the anticipated upcoming replacement cycle for electronic gaming machines and the current Asian and global gaming expansion."

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