SOURCE: BrainChip Holdings Ltd.

BrainChip Holdings Ltd.

May 30, 2017 19:10 ET

BrainChip Announces New Casino Trial

Leading casino is evaluating the usage of Game Statistics and Game Outcome for table games

ALISO VIEJO, CA--(Marketwired - May 30, 2017) - BrainChip Holdings Ltd. (ASX: BRN), ("BrainChip" or "the Company"), is a leading developer of software and hardware accelerated solutions for Advanced Artificial Intelligence and Machine Learning applications. The Company is pleased to announce that its Game Statistics and Game Outcome solutions has been placed in a field trial at a leading casino in Las Vegas, Nevada.

BrainChip, in partnership with SN Technologies, developed Games Statistics and Game Outcome based upon BrainChip's SNAP technology, which utilizes a spiking neural network to detect and identify chips and cards in the extremely dynamic environments on gaming floors using existing video surveillance cameras.

Game Statistics provides the casino operator with intelligent, actionable data regarding players' activities at table games. This trial of Game Statistics and Game Outcome follows the successful deployment of the Game Outcome solution at the Mohegan Sun casino. It is estimated that there are over 50,000 casino gaming tables worldwide which represents a major market for the Company.

About BrainChip Holdings Ltd. (ASX: BRN)
BrainChip Holdings Ltd. is a leading provider of software and hardware accelerated solutions for Advanced Artificial Intelligence and Machine Learning applications. The Company has developed a revolutionary new Spiking Neural Adaptive Processor (SNAP) technology that can learn autonomously, evolve and associate information just like the human brain. The technology, which is proprietary, is fast, completely digital, and consumes very low power. The Company provides software and hardware solutions that address the high-performance requirements in Civil Surveillance, Gaming, Facial Recognition and Visual Inspection systems. www.brainchipinc.com.

Contact Information

  • Company Contact
    Robert Beachler
    Email Contact
    +1 (949) 330-6750

    Media Contact:
    Harrison Polites
    Media and Capital Partners
    Email Contact
    +61 409 623 618

    Investor Relations Contact (US):
    Laura Guerrant-Oiye
    Principal
    +1 (808) 960-2642
    Email Contact

    Investor Relations (Australia):
    Brendon Lau
    Media and Capital Partners
    Email Contact
    +61 409 341 613