Konami Gaming, Inc. Finalizes License Agreement with Paltronics
Enables Konami to Offer a One-Stop Shop for Fully Integrated Casino Management with Progressive and Media Management
LAS VEGAS--(BUSINESS WIRE)-- Konami Gaming, Inc., a leading gaming technology provider, has forged a license agreement with Paltronics, whereby Konami will be able to offer Paltronics' One Link 3E Suite of Progressive, Bonusing and Media Management products with the Konami Casino Management System (KCMS) and Konami's extensive catalog of games products, announced Steve Sutherland, chief operating officer at Konami Gaming, Inc. "This new agreement is a game changer because Konami and Paltronics are leaders in the gaming industry and this cooperative agreement will allow casino operators to benefit from the best products and practices of both companies."
"Paltronics has long been regarded as the premier supplier of Progressive and Media Management solutions, so integrating our capabilities into those of Konami provides operators with a true enterprise solution for both Konami's system and game products," said Angelo Palmisano, president and chief executive officer at Paltronics. "This licensing agreement creates an opportunity to introduce products into the Konami portfolio of products that are tightly integrated, operate seamlessly, and greatly enhance both Konami's systems and games product offerings."
Yuji Taniguchi, vice president of research and development for games at Konami Gaming, Inc., explained, "This license agreement provides our games designers with the ability to design games with 'no winning combination required' progressives using Paltronics' must-win-by progressive technology. This adds a level of excitement and thrill for players since the progressive jackpot could hit at any time."
"Typically, Progressive and Media Management solutions have been offered by independent, third party suppliers and therefore each has had limited integration with a property's casino management system," explained Tom Soukup, Konami Gaming, Inc.'s vice president of systems research and development. "Tightly coupling Paltronics and Konami's technologies will provide customers with a host of unique benefits such as: floor-wide, zone or bank defined must-win-by progressives, floor-wide media distribution of Super Series Bonusing events, centralized management of progressives and streaming content management throughout the True-Time Player Communications network. This provides the operator with 'one-stop shop' functionality."
For more information about Konami Gaming, Inc, visit www.gaming.konami.com.
About Konami Gaming, Inc.
Konami Gaming, Inc. is a Las Vegas-based subsidiary of KONAMI CORPORATION (NYS: KNM) . The company is a leading designer and manufacturer of slot machines and casino management systems for the global gaming market.
About the Konami Casino Management System (KCMS)
KCMS is an industry-leading casino management system with an increasing number of installations spanning America, Canada, and Australia, as well as other international regions. KCMS is best known for its advanced capabilities, such as its real-time TCP/IP-based technology, multi-channel in-machine streaming video, powerful rules-based Bonusing engine, true multi-game, multi-denomination analytics at both the device and patron level, and documented high reliability. These features combine to enable operators to effectively manage and analyze their gaming operations, implement innovative marketing campaigns, and drive their business forward.
Paltronics is a leading manufacturer and service provider of central casino gaming system solutions and peripherals that help casino operators create business efficiencies and attract and hold players to improve their revenue. Paltronics is known for its advanced technology and has been first to market with many innovative products--from premium-quality Digital Signage technology and slot bonusing technology to slot progressives and table systems.
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