DEQ Systems Corp.
TSX VENTURE : DEQ

DEQ Systems Corp.

May 09, 2008 10:26 ET

DEQ's G3 Gets Final Approval by Nevada Gaming Control Board

LEVIS, QUEBEC--(Marketwire - May 9, 2008) - DEQ Systems Corp. (TSX VENTURE:DEQ), a leading provider of table game bonusing, jackpot and loyalty solutions, announced today that the Nevada Gaming Control Board ("NGCB") has approved DEQ's G3™ system for commercialization in the state of Nevada. A conference call will be held on Monday, May 12th, 2008 at 4h00 p.m. (EST) by management to discuss this announcement.

"With over 360 casinos, more than 5500 table games and approximately $12 Billion dollars in annual gaming revenue, Nevada is the world's premier market for gaming technology commercialization" stated Earle G. Hall, President & CEO of DEQ. "This recognition and approval from the world's most respected gaming commission is the most important achievement in our company's history and a considerable milestone in our commercialization."

"With our strategic partners, Station Casinos and Caesars Entertainment, as well as prestigious clients such as Wynn, Venetian and MGM, we are very enthusiastic about penetrating this highly concentrated and lucrative market" stated Marco Estrela, DEQ's Chief Marketing Officer. "The G3™ is an incremental revenue driver for casino tables. Current technology can only offer a maximum of seven dollars per round in side betting revenue. DEQ's multiple credit and player/dealer bet approach offers significant revenue increase potential when compared to the current products."

As a result of this NGCB approval, DEQ will receive a onetime royalty payment of US$1 million in addition to the recurring patent royalties disclosed in the five (5) year agreement with Stations Casinos.

Conference Call

A conference call will be held Monday on May 12th, 2008 at 4h00 p.m. (EST) to discuss this announcement. Those interested in participating should dial (416) 644-3427 or toll free 1 (800) 588-4942. A visual presentation (PowerPoint) will be available Monday on DEQ's website (www.deq.com) in the section News Room / Info@DEQ to support the call content.

ABOUT THE G3™

The G3™ is a linkable bonusing, jackpot and loyalty server-based system that brings an entire suite of important bonusing processes to table games, providing casinos with increased revenues and additional player participation. With the G3™, players can place multiple side bets on their own hands but also on the dealer's hand. The system also has several bonuses such as the Magic Card™ and the Lucky Player™ which are both high frequency prizes, awarded to keep the players' interest. The G3™ replaces existing bonusing systems with exciting, user friendly applications and is adaptable to any live table game such as poker, blackjack or baccarat.

ABOUT DEQ

Founded in 1998, DEQ Systems Corp. (TSX VENTURE:DEQ) is a leader in the table game bonusing technology field. DEQ's patents, products and features include side bet bonusing games with progressive and random jackpot prizes, slot machine style mystery bonusing, multiple credit and denomination betting flexibility, dealer hand betting, electronic credit bank, electronic rake, baccarat hand tracking, multimedia animation and sound effects. DEQ has an extensive patent portfolio that is recognized in more than 50 countries such as the USA, Macau, Australia and Canada. DEQ's bonusing solutions and products are present in more than 200 casinos in over 30 countries. For further information, please visit www.deq.com

Forward-looking statements contained in this Press Release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements. DEQ Systems Corp. has been selected in the TSX Venture 50 in 2007. "2007 Venture 50" is a trademark of TSX inc. and is used under license. TSX Venture does not accept any responsibility regarding the accuracy of the information contained in this press release.

Contact Information