Multimedia Games receives approval for new MForce gaming platform

The approval of the MForce operating system and two video slot machine titles follows two successful technical field trials at the MGM Grand Hotel and Casino and The Orleans Hotel and Casino in Las Vegas.

With the approval from the Nevada Gaming Commission, Multimedia Games can immediately begin performance field trials with any casino operators in Nevada that run either the IGT Advantage or Bally ACSC slot management systems. The company expects to record initial unit sales and recurring revenue placements in the second half of fiscal 2013 and plans to submit eight additional video titles in the next several weeks for approval, which the Company expects to receive in its fiscal third quarter.

Multimedia Games also plans to commence additional technical field trials of its MForce platform and game titles in the state in the coming weeks. These technical trials will be with casino operators that use the Bally SDS system and Aristocrat Oasis system.

Patrick Ramsey, President and CEO of Multimedia Games, commented, “The approval of our gaming platform and two slot titles is a significant milestone in our efforts to dramatically expand the Company’s total addressable market. We greatly appreciate the efforts of the Nevada Gaming Commission, the Nevada Gaming Control Board and our field trial partners. We believe our unique games and the entertainment experiences they deliver to players will appeal to operators in the state and create a long-term growth opportunity for the company.”