What do you hope to accomplish in 2012?
We were extremely fortunate in 2011 to ride a near unprecedented wave of success. Our iVIZION won every RFP it competed for and won exclusive installations at new openings and won replacement installations.
Our single-largest installation as at Resorts World New York at Aqueduct, where both our bill validators, and our award-winning PayCheck 4 printer were highly tested with tremendous volume. We congratulate Genting on absolutely exceeding their expectations, bringing in more than us$ 14 million in just 10 days, and we are proud to say our bill validators and printers met the challenge with winning results.
Several corporate-wide deals were signed for iVIZION, and operators of all sizes learned that iVIZION is truly the most advanced product on the market.
As we wrap up 2011, we are looking forward to finalizing our preparations for ICE, where we will unveil the new iPRO bill validator and our new BlueWave Deluxe software upload tool.
How was the general gaming industry in a year with an economic crisis that affected many markets?
From our perspective, 2011 was a year of moving forward, and we saw several encouraging signs of growth in the U.S., Europe and in Asia. Clearly, the industry is not out of the economic crisis, however, we remain hopeful that the industry will continue to move forward, as the rising indexes and revenue reports suggest.
What are the company's plans for 2012? What novelties are you preparing?
2012 will also mark the official launch of our new iPRO bill validator. iPRO is a new secure and flexible way to increased profitability because it comes with one of the most sophisticated sensing and anti-fishing packages we have ever created. iPRO’s modular design means it can quickly and easily replace an existing WBA or UBA head. We anticipate the iPRO will be very well received across Europe, where it will make its official debut at ICE, and in Latin America because of its superior software upgrades that enable it to quickly adapt to the region’s varying currencies.
We are also excited about the potential for near-field-communication (NFC) technology that we are developing with our partner TechFirm. At G2E 2011, we showed a preview of the NFC technology in our Mobile Wager Wallet, where a player can transfer credits from his/her NFC-enabled smartphone directly to the gaming device. Then, credits can be transferred directly back to the smartphone – quickly, easily, securely. We were thrilled with the tremendous response we received from operators, suppliers, regulators and members of the press from around the world. We can forecast continuing development in this exciting arena throughout 2012, and we will update you as progress is made.
We are also forecasting continuing development on our joint venture with Leap Forward Gaming, whose SaffariNet project is one of the most exciting innovations being developed in the industry today. It has gained the full attention of both OEM and casino operator alike.
How will be the 2012 for the gaming industry in general? Will it be similar to 2011? Do you think that we will see a growth in the activity?
We wish we had a crystal ball in our line of award-winning products. We don’t. That being said, it appears that 2012 is shaping up to be a growth year. There are encouraging signs in AGEM’s monthly index and in recent earnings reports. We are very excited about our new products, particularly about iPRO, and about our development relationships with Leap Forward Gaming, Nanoptix and TechFirm, and we expect to be reporting good news throughout 2012.