PokerTek Announces $2M Loan

Business Wire, March 25, 2008

MATTHEWS, N.C. -- PokerTek, Inc. (NASDAQ: PTEK) the world leader in automated poker tables and related software, announced today a financing of $2 million to continue the growth of the Company. The proceeds were invested by the company's founding and executive teams including members of the Board of Directors.

The loan, made personally by Lyle Berman, James Crawford, Lee Lomax and Lou White, is extended to the company on favorable terms with no dilutive warrants and carries no prepayment penalties or performance covenants. The Company agreed to secure the loan using PokerTek's fleet of PokerPro tables in the field as collateral.

"Quite simply, we believe in the future of the Company," said Lyle Berman, Chairman of the Board of PokerTek. "This loan allows our team to continue executing their plan that, thus far, has delivered revenue growth while efficiently managing costs."

"We are grateful to the founders who, by putting up their own capital, have demonstrated confidence in management and PokerTek," said Chris Halligan, PokerTek's CEO. "We had been exploring options over the last few weeks and had several offers from outside firms to fund the company. We believe that funding PokerTek from 'within the family' and at such favorable terms was clearly in the Company's best interest."

"We remain well positioned to grow in 2008," added Mark Roberson, PokerTek's CFO. "We remain confident in our future in both the casino and amusement businesses and look forward to reporting our Q1 results in April."

About PokerTek, Inc.

PokerTek[TM], Inc. (NASDAQ: PTEK), headquartered in Matthews, NC, develops and markets PokerPro[R] and PokerPro Heads-Up[TM], automated poker tables and related software applications developed to increase casino revenue, reduce expenses and attract new players into poker rooms. PokerTek entered the amusement space by introducing Heads-Up Challenge[TM], a heads-up poker table for bars and restaurants that targets adults who play for amusement only. PokerPro tables are located in the United States, Canada, Macau, Panama, Germany, Australia, South Africa and several major cruise lines. For more information, please visit the company's website at www.pokertek.com or contact Tracy Egan at 704.849.0860 x106.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are made in accordance with the Private Securities Litigation Reform Act of 1995. The forward-looking statements herein include, but are not limited to, the expected adoption of the PokerPro systems by casinos and other customers and the expected acceptance of the PokerPro systems by players. Our actual results may differ materially from those implied in these forward-looking statements as a result of many factors, including, but not limited to, overall industry environment, customer acceptance of our products, delay in the introduction of new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of permits or licenses by regulatory or governmental authorities, termination or non-renewal of customer contracts, competitive pressures and general economic conditions, and our financial condition. These and other risks and uncertainties are described in more detail in our most recent annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by applicable laws, and you are urged to review and consider disclosures that we make in the reports that we file with the Securities and Exchange Commission that discuss other factors germane to our business.