s Chairman of the Board, Mr. Lahti will have an increased role in providing guidance for PokerTek's strategic planning and long-term capital planning activities. Lyle Berman, who has served as Chairman of the Board since the company's inception, will continue to serve as a member of the Board, including as a member of the Audit, Governance and Compensation Committees of the Board.
"PokerTek has established itself as the industry leader in electronic poker. With its new ProCore platform, PokerTek has now gained access to the blackjack and specialty electronic table markets. Both products provide the opportunity for significant high margin recurring revenue growth," said Joe Lahti. "I am excited about my increased involvement with the PokerTek team and hope my past experiences will prove useful in creating shareholder value."
Lyle Berman, Chairman of the Board, stated, "Joe has been a tremendous asset to our Board over the past five years. His leadership will enhance the management team's ability to drive profitable growth."