NORTH LAS VEGAS, Nev.,
Jan. 31, 2018 /PRNewswire/
-- Gaming Partners International Corporation (NASDAQ: GPIC), a
worldwide leading provider of casino table products, currency, and
radio frequency identification (RFID) solutions, has entered global
licensing and development agreements to develop an advanced
Automated Table Solution (ATS) with BrainChip Holdings Ltd. (ASX:
BRN), a leading developer of accelerated solutions for artificial
intelligence (AI) applications, and with Xuvi, LLC, a data science
company that uses immersive data analytics and automation for
intelligent data-driven decisions.
"We look forward to partnering with GPI to bring table game
automation technology to casino operators," said Arun Rajaraman, CEO at Xuvi. "The combined
technology will empower casinos with predictive analytics,
real-time and accurate comp decisions, secure table currency,
protect table games from fraud, improve productivity, and optimize
revenues, all using immersive data analytics and artificial
intelligence."
BrainChip's President, Louis
DiNardo commented, "GPI has very deep expertise in casino
game operations, a broad base of existing customers, and a premier
global sales and service team that will bring these products to
market. Our Artificial Intelligence expertise is well suited to
address the challenges of achieving high quality video analytics in
the difficult casino environment. We are very excited about this
development."
Greg Gronau, GPI's President and
CEO commented, "With our new Automated Table Solution (ATS), GPI
will leverage BrainChip visioning technologies, Xuvi's immersive
data analytics, and GPI's radio frequency identification to provide
currency security, game protection and trend analysis, accurate
comping, and marketing automation. GPI acknowledges this is a major
step forward in developing the Automated Table Solution."
About Gaming Partners International Corporation
(NASDAQ:GPIC)
GPIC manufactures and supplies casino table
game equipment to licensed casinos worldwide. Under the brand names
of Paulson®, Bourgogne et Grasset®, Gemaco®, Dolphin® and Bud
Jones®, GPIC provides casino currency, including chips, plaques and
jetons; playing cards; table layouts; gaming furniture and table
accessories; dice; and roulette wheels. GPIC pioneered the use of
security features like radio frequency identification device (RFID)
technology in casino currency, and offers RFID solutions including
RFID readers, software, and displays. Headquartered in North Las Vegas, Nevada, GPIC also has
facilities in Beaune, France;
San Luis Rio Colorado, Mexico;
Blue Springs, Missouri;
Atlantic City, New Jersey;
Gulfport, Mississippi; and Macau
S.A.R., China. For additional
information, please visit www.gpigaming.com.
About Xuvi, LLC:
Xuvi, LLC is a Las Vegas, NV based data science company -
empowering gaming, retail and hospitality operators with immersive
data analytics & automation to engage consumers, increase
operational efficiency, and optimize revenues using artificial
intelligence. Xuvi's easy-to-use BeamStudio™ platform (powered by
SpendScore™ - a patent-pending guest valuation scoring index)
harnesses big data & machine learning to deliver
enterprise-wide predictive insights, prescriptive automation,
real-time trend detection and optimizes marketing re-investment,
guest valuation, equipment and service yield management, staffing
levels, inventory levels and fraud prevention. For more
information, visit www.xuvi.com.
About BrainChip Holdings Ltd (ASX:BRN)
BrainChip
Holdings Ltd. is a leading provider of software and
hardware-accelerated solutions for Advanced artificial intelligence
and machine learning applications. The Company has developed
a revolutionary new spiking neural network technology that can
learn autonomously, evolve and associate information just like the
human brain. The technology, which is proprietary, is fast,
completely digital and consumes very low power. The Company
provides software and hardware solutions that address the
high-performance requirements in civil surveillance, gaming, facial
recognition and visual inspection systems. For more information,
visit www.brainchipinc.com.
Safe Harbor Statement:
This release contains
"forward-looking statements" based on current expectations
inherently subject to known and unknown risks and uncertainties,
including statements relating to new product offerings;
manufacturing capabilities and operational efficiencies;
anticipated future sales; the long-term growth and prospects for
our business or any jurisdiction in which we operate; and the long
term potential of the RFID casino currency solutions market and our
ability to capitalize on any such growth opportunities. Actual
results or achievements may be materially different from those
expressed or implied. Our plans and objectives are based on
assumptions involving judgments with respect to future economic,
competitive and market conditions, the timing of and ability to
consummate acquisitions, and future business decisions and other
risks and uncertainties identified in "Risk Factors" of our Annual
Report on Form 10-K for the period ended December 31, 2016; all of which are difficult or
impossible to predict accurately, beyond our control, or subject to
change. There is no assurance any forward- looking statement will
prove to be accurate.
For Further Information,
Contact:
Gregory S. Gronau, President and
Chief Executive Officer
PH: 702.384.2425
FX: 702.384.1965
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SOURCE Gaming Partners International Corporation