Business Services Industry
JAMDAT Mobile and Shuffle Master Announce Multiyear License Agreement for Mobile Versions of Popular Casino Games; Three Card Poker® and Let It Ride® Come to Mobile Phones
Business Wire, Dec 6, 2005
LOS ANGELES -- Global wireless entertainment publisher JAMDAT Mobile Inc. (Nasdaq:JMDT) and Shuffle Master, Inc. (Nasdaq:SHFL), the premier gaming industry supplier of automatic card shufflers and proprietary table game content, announced today a multiyear license agreement for the development and distribution of mobile versions of the two most popular Shuffle Master, Inc. games -- Three Card Poker and Let It Ride.
Three Card Poker is a fast-paced casino action game with a poker twist. Players may bet against the dealer, bet on the value of their hand only or maximize their winning potential by betting both. In Let It Ride, players make three equal bets and receive three cards that will be combined with two community cards to create a five-card poker hand.
"This license agreement combines Shuffle Master's top gaming franchises with JAMDAT's wireless entertainment expertise to expand our slate of mobile casino titles," said Minard Hamilton, Executive Vice President of Sales and Marketing of JAMDAT Mobile Inc. "Three Card Poker and Let It Ride are two of the most popular specialty casino table games available today. Through this agreement, casino gamers everywhere will be able to enjoy both of these poker variations with a single download."
"This relationship with JAMDAT will increase the exposure and consumer awareness for two of our popular table games," said Brooke Dunn, Senior Vice President of Shuffle Master, Inc. "With these high-quality wireless 'for fun' versions of Three Card Poker and Let It Ride, both veteran and newer players can have a realistic gaming experience that is the next best thing to playing our games in an actual casino."
About JAMDAT Mobile
JAMDAT Mobile Inc. is a global publisher of wireless entertainment applications, including games, ring tones, images and other content. JAMDAT's application portfolio is based on original and licensed intellectual properties and includes JAMDAT Bowling, Tetris(R), Downtown Texas Hold 'Em, Lemonade Tycoon(R), Bejeweled(R), The Lord of the Rings(R), Tony Hawk's(R) Underground and Scrabble(R). JAMDAT distributes its applications through wireless carriers around the world. For more information, please visit www.jamdat.com.
Safe Harbor Statement -- JAMDAT Mobile Inc.
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for JAMDAT's markets and the demand for its products. Factors that could cause JAMDAT's actual results to differ materially from these forward-looking statements include its ability to integrate the acquisition of Blue Lava Wireless, anticipated growth in the handset market, its ability to effectively market and sell products in diverse market segments, its reliance on a limited number of products and third-party vendors and distributors, its ability to expand studio operations, increases in fulfillment costs, disruptions to information technology systems, unpredictable events and circumstances relating to international suppliers, increased competition, government regulatory action and general economic conditions. Please refer to JAMDAT's reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. JAMDAT undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date they were made or to reflect the occurrence of unanticipated events.
About Shuffle Master
Shuffle Master, Inc. is a gaming supply company specializing in providing its casino customers Utility Products, including automatic card shufflers, intelligent table systems and roulette chip sorters, to improve their profitability, productivity and security, and Entertainment Products, including proprietary table games and Table Master(TM) games to expand their gaming entertainment content. The Company is included in the S&P Smallcap 600 Index. Information about the Company and its products can be found on the Internet at www.shufflemaster.com.
Safe Harbor Statement -- Shuffle Master, Inc.
This release contains forward-looking statements that are based on management's current beliefs and expectations about future events, as well as on assumptions made by and information available to management. The Company considers such statements to be made under the safe harbor created by the federal securities laws to which it is subject, and assumes no obligation to update or supplement such statements. Forward-looking statements reflect and are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the following: changes in the level of consumer or commercial acceptance of the Company's existing products and new products as introduced; advances by competitors; acceleration and/or deceleration of various product development, promotion and distribution schedules; product performance issues; higher than expected manufacturing, service, selling, administrative, product development, promotion and/or distribution costs; changes in the Company's business systems or in technologies affecting the Company's products or operations; reliance on strategic relationships with distributors and technology and manufacturing vendors; current and/or future litigation or claims; tax matters, including changes in tax legislation or assessments by taxing authorities; acquisitions or divestitures by the Company or its competitors of various product lines or businesses and, in particular, integration of businesses that the Company may acquire; changes to the Company's intellectual property portfolio, such as the issuance of new patents, new intellectual property licenses, loss of licenses, claims of infringement or invalidity of patents; regulatory and jurisdictional issues (e.g., technical requirements and changes, delays in obtaining necessary approvals, or changes in a jurisdiction's regulatory scheme or approach, etc.) involving the Company and its products specifically or the gaming industry in general; general and casino industry economic conditions; the financial health of the Company's casino and distributor customers, suppliers and distributors, both nationally and internationally; the Company's ability to meet its debt service obligations, including the Notes, and to refinance its indebtedness, which will depend on its future performance and other conditions or events and will be subject to many factors that are beyond the Company's control; and various risk related to the Company's customers' operations in countries outside the United States, including currency fluctuation risks, which could increase the volatility of the Company's results from such operations. Additional information on these and other risk factors that could potentially affect the Company's financial results may be found in documents filed by the Company with the Securities and Exchange Commission, including the Company's current reports on Form 8-K, quarterly reports on Form 10-Q and annual report on Form 10-K.
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