SOURCE: Wells-Gardner Electronics Corp.

March 12, 2008 08:45 ET

Wells-Gardner Announces That Zytronic Displays Ltd Has Appointed American Gaming & Electronics as a Gaming Distributor

CHICAGO, IL--(Marketwire - March 12, 2008) - Wells-Gardner Electronics Corporation (AMEX: WGA) announced that Zytronic Displays Ltd. of the United Kingdom has appointed American Gaming & Electronics (AG&E) as its distributor for gaming, casinos, lottery and amusement customers. AG&E or its affiliates will be manufacturing and supplying a new range of LCD touch monitors using Zytronic's unique Projected Capacitive Touch (PCT™) sensors.

"We are delighted to be partnering with Zytronic Displays Ltd.," said Anthony Spier, Wells-Gardner's Chairman and Chief Executive Officer. "They have very exciting technology that I believe our customers will find attractive. This is part of our strategy to be partnering with companies with proprietary technology that will improve our profile with our customers."

"We are pleased to be working with a company of the reputation of American Gaming & Electronics and its parent Wells-Gardner," said Mark Cambridge, Zytronic's Chief Executive Officer. "The Wells-Gardner companies have an excellent reputation for high quality products and high ethical standards. They have the leading global market share in the gaming industry and we anticipate significant penetration of the gaming, lottery and amusement markets."

Founded in 1925, Wells-Gardner Electronics Corporation is a distributor and manufacturer of color video monitors and other related distribution products for a variety of markets including, but not limited to, gaming machine manufacturers, casinos, coin-operated video game manufacturers and other display integrators. The Company has the majority of its LCDs and CRT monitors manufactured in Mainland China. In addition, the Company's American Gaming & Electronics, Inc. subsidiary ("AGE"), a leading parts distributor to the gaming markets, sells parts and services to over 700 casinos in North America with offices in Las Vegas, Nevada, Egg Harbor Township, New Jersey, Miami, Florida and McCook, Illinois. AGE also sells refurbished gaming machines on a global basis as well as installs and services some brands of gaming machines in casinos in North America.

About Zytronic

Zytronic designs and manufactures a range of technologies that optimize the performance of electronic display applications. The company's principle products include award-winning touch sensor technologies, optical filters for enhanced performance and protection, and special filters to minimize electromagnetic emissions. In addition, the company can offer complex shaped glass composites for specialized applications.

Zytronic products are used in electronic displays for information kiosks, web phones, ATMs and gaming machines, as well as by military, computer, telecommunications, medical and lighting OEMs, and are available from its network of worldwide distributors.

The company has its headquarters and state-of-the-art manufacturing facilities in Blaydon, Tyne & Wear in the UK. In addition to ISO-approved manufacturing, these facilities are home to Zytronic's team of lamination, material science and electronics specialists who are responsible for ongoing product development in composite technology.

For more company information, please visit Zytronic's web site at: www.zytronic.co.uk

Contact details for editorial enquiries:

Sheila Dean, Zytronic, Whiteley Road, Blaydon on Tyne, Tyne & Wear, NE21 5NJ, UK, Tel: +44 (0) 191 414 5511, Fax: +44 (0) 191 414 0545, Email: sheila.dean@zytronic.co.uk

This press release contains forward-looking statements within the meaning of the federal securities laws. Those statements include statements regarding the intent, belief or expectations of the Company and its management. Readers are cautioned that the forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those expressed in any forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, development of competing technologies, availability of adequate credit, interruption or loss of supply from key suppliers, increased competition, the regulatory process and regulatory and legislative changes affecting the gaming industry. Wells-Gardner assumes no obligation to update the information contained in this release to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

Contact details for Wells-Gardner Electronics:

For additional investor information, please contact Jim Brace - Wells-Gardner at (708) 290-2120 or Alan Woinski - Gaming USA Corporation at (201) 599-8484.

Contact Information

  • Sheila Dean
    Zytronic
    Tel: +44 (0) 191 414 5511

    Jim Brace
    Wells-Gardner
    (708) 290-2120

    Alan Woinski
    Gaming USA Corporation
    (201) 599-8484