PacificNet’s Take1 subsidiary introduced a new line of gaming products

The electronic slot and AWP machines were given positive reviews upon their initial presentation to slot and AWP operators in Europe. PacificNet’s Take1 subsidiary has been in the business of designing and manufacturing electronic multimedia entertainment kiosks, coin-op kiosks and machines, bingo and slot machines, AWP (Amusements With Prizes) games, server- based downloadable games systems, and Video Lottery Terminals (VLT) such as Keno and Bingo machines, including hardware, software, client-server systems and cabinets.

PacificNet’s Take1 subsidiary is based in Hong Kong with offices and a hardware manufacturing facility located in Shenzhen, China. Software for Take1 bingo machines is co-developed by PacificNet’s software outsourcing unit, Pacific Solutions Technology, a CMM Level 3 certified software development center with over 200 software programmers located in Shenzhen, China. Recent regulation changes in several European countries have opened the doors to more widespread electronic slot operators and PacificNet’s Take1 subsidiary has had success in entering the European market as a provider of electronic slot machines.

"We are delighted to unveil our newest slot machine and AWP gaming products from our Take1 subsidiary after two years of research and development on this product line," said Tony Tong, Chairman and CEO of PacificNet, and continued: "Electronic slot and AWP machines are a big hit with slot operators and AWP operators in Europe, because of their increased revenues and efficiencies, and players, because of their ease of use, faster games and fun features.”

“Several major slot and AWP operators in Europe have tested our electronic slot and AWP machines and their response was overwhelmingly positive. These machines are also a good fit with our new Asian gaming focus. I am very happy with the synergy shown by our subsidiary companies who worked together to come up with this product and we are very excited to get them on the market. With our new focus on gaming technology, we will continue to pursue becoming a leading provider of electronic multi-player gaming machines, slot machines and bingo machines to the casino operators and gaming industry in Asia and Europe. We believe we have the right gaming products, software and hardware expertise, high quality and cost effective gaming machine manufacturing facilities inChina, as well as the right channels and partnerships that are necessary to succeed in this market." He concluded.