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April 15, 2008 15:45 EST La Jolla Gaming, Inc. signs Agreement with Centric Vision Technologies. Las Vegas, NV-based La Jolla Gaming, Inc. has signed an Agreement with Mr. Rich Lehman and Centric Vision Technologies (”CVT”), a Las Vegas-based Gaming company. Mr. Lehman has over 30 years of experience in the Casino industry, most recently as Vice President of Development with Navegante Group (www.navegantegroup.com), an International Casino development and management company founded by former MGM Chairman and CEO, Larry J. Woolf. His knowledge of Casino operations and technology have made Mr. Lehman a widely recognized expert in the industry. CVT’s primary offering is to be a Server-Based Gaming package that includes a bundle of additional products, resulting in a total package currently unavailable in the industry. Several of LJG’s product lines will be included in this solution with each piece earning a per-day, per-terminal fee. The terms of the Agreement, which was executed on April 15, 2008, include LJG receiving a 50% equity stake in CVT, in addition to Software License Fees that will be earned by LJG for its products that are to be distributed by CVT. “Our relationship with CVT and Rich Lehman will be invaluable as LJG enters the North American gaming market. This revolutionary concept, coupled with our unique technology will transform the marketplace”, says Graeme Swain, Chairman/CEO of La Jolla Gaming. For further information, please contact La Jolla Gaming, Inc. at information@ljgaming.com, or at 888.LJGaming. La Jolla Gaming is a global leader in developing complete, fully customizable, integrated gaming technology solutions for land-based and regulated online operations. Existing products include Sportsbook and Racebook wagering applications for POS, call center and kiosk wagering. La Jolla Gaming's focus on customer support, the flexibility of their products, and their ability to customize makes them an excellent choice for gaming operations of all sizes throughout the World who are looking for technology solutions. |