TCS JOHN HUXLEY and VendingData sign distribution agreement
TCS JOHN HUXLEY has entered into an exclusive five-year agreement with VendingData Corporation to market and distribute their shuffler products outside of the US.
In connection with the signing of the agreement, TCS JOHN HUXLEY will issue an initial order for 100 of VendingData’s newly introduced PokerOne shuffler. An additional order will be received by the Company for its new RandomPlus shuffler following TCS JOHN HUXLEY’s completion of product evaluation this quarter. Also covered by the agreement is a commitment by TCS JOHN HUXLEY to purchase and distribute VendingData’s new PokerPlus and ContinuousPlus shufflers now under development and scheduled for release later in 2005.
Additionally, TCS JOHN HUXLEY has agreed to demonstrate VendingData’s product line at the following international gaming exhibitions: G2E (Las Vegas), SAGSE (Buenos Aires), EELEX (Moscow) and AGE (Sydney). TCS JOHN HUXLEY is already exhibiting VD’s products at London’s ICE, which is finishing today.
Steven J. Blad, CEO of VendingData Corporation, commented: ”Combining our quality shuffling products with the largest global distributor and marketer of gaming products is a powerful combination. We believe that an affiliation with TCS JOHN HUXLEY enhances our international visibility and will expedite our sales progress as we roll out our new shuffler products.”
David Heap, Group Chief Executive of TCS JOHN HUXLEY and Executive Vice President of Victoria Holdings LTD, added: ”Our mission is to offer our customers the most technologically advanced, highest quality products available, worldwide. By adding VendingData’s shuffler line to our product offering, we are able to further our ultimate goal of providing a one-stop-shopping venue to our customer for everything they need for the casino of the future – from quality, hand-crafted furniture to cutting edge technical equipment which enhances the gaming experience, as well as casino profit and security.”