LEVIS, QC, Sept 24, 2014 /PRNewswire/ - DEQ Systems Corp.
(TSXV: DEQ) ("DEQ" or the "Company"), a leading provider of table
game bonusing, jackpot and loyalty solutions, is pleased to
announce the renewal of its long-term, non-exclusive distribution
agreement with DEK International ("DEK"). Under the Agreement, DEK
will continue to distribute the Company's G3 System and table
top technology solutions until 2020. As of May 31, 2014,
DEK generated more than $1 million of
annual recurring revenue for the Company, focused primarily in the
Latin America market.
"Renewing our long-term relationship with DEK represents another
key step in securing DEQ's global distribution strategy for the
next several years. We expect continued growth in key markets, such
as Mexico, Peru and Columbia. DEK has been our partner
for more than 10 years and is well established in Latin America with a strong market presence in
over 90 casinos, located in 20 countries", stated Joseph E.
Bertolone, President & CEO of DEQ Systems Corp.
"We are pleased and enthusiastic about the renewal of the
agreement with DEQ until 2020. The confidence shown by DEQ in our
capabilities of sales and distribution as well as the excellence of
service we provide to our customers will allow us not only to
strengthen our strategic positioning in the territory but also to
expand to newly available markets creating important growth. By
combining the uniqueness and exceptional quality of DEQ's table
bonusing products, fruit of a real engagement in innovation, along
with customer recognition and efficiency of our distribution
channels, DEK is the leading provider of table bonusing products in
our territories", stated Jean-Paul
Sabini, Chief Executive Officer of DEK International.
DEQ | Overview
DEQ Systems Corp. (TSXV: DEQ) is
customer-centric delivering solutions to the global gaming industry
with best-of-breed table-game technology related products which add
value and increase client revenue. DEQ provides table game bonusing
technology, table games, baccarat results tracking, and progressive
jackpot connectivity solutions to more than 300 casinos in 30
countries around the world. DEQ also has an extensive patent
portfolio of more than 20 patents recognized in 50 countries.
For further information, please visit www.deq.com
TSX Venture does not accept any responsibility
regarding the accuracy of the information contained in this press
release.
Forward-looking statements contained in this
Press Release involve known and unknown risks, uncertainties and
other factors that may cause actual results, performance and
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
the said forward-looking statements.
SOURCE DEQ SYSTEMS CORP.