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AUSTIN, Texas, Jan 28, 2010 (BUSINESS WIRE) -- Multimedia Games, Inc. (Nasdaq: MGAM) ("Multimedia Games" or the "Company") announced today that Timothy S. Stanley has been nominated to serve on the Company's Board of Directors and will be presented for approval by the Company's shareholders along with six other current board members at the Annual Shareholder's Meeting on March 23, 2010.
Timothy S. Stanley has over 20 years of business and technology leadership and is currently the President of Tekexecs, an executive advisory and consultancy firm, and Founder of Innovatects, a business innovation and execution firm. From February 2001 to January 2009, Mr. Stanley held management roles at Harrah's Entertainment, Inc., the largest provider of branded casino entertainment in the world, including serving as CIO and Senior Vice President of Innovation, Gaming and Technology from 2006 to 2009 and as Chief Information Officer and Senior Vice President, Information Technology from 2003 to 2006.
Prior to his time at Harrah's Entertainment, Mr. Stanley was a Partner leading the Travel and Entertainment practice for USWeb; CIO & VP of Information Technology for National Airlines; and led various marketing, product and technology teams at Intel, Optima/KPMG, and Kimberly-Clark in the U.S. and abroad. He currently serves as a board member and advisor to VIRSIX, a privately held interactive entertainment startup, and is a member of Tech Coast Angels.
"We are very excited at the prospect of having Tim join our Board," said Anthony Sanfilippo, President and Chief Executive Officer of Multimedia Games. "I worked closely with Tim for many years and he possesses an enormous wealth of technology and gaming industry experience and has led the development of innovative solutions at every stop along his career path. We expect to benefit from his knowledge and insights as Multimedia Games progresses on our plan to expand our portfolio of innovative gaming products and the markets we serve."
About Multimedia Games
Gaming technology developer and distributor, Multimedia Games, is a creator and supplier of comprehensive systems, content and electronic gaming units for Class III and Class II Native American gaming markets, as well as for commercial casinos and charity and international bingo markets. Multimedia Games has approximately 16,000 gaming units in operation domestically and internationally installed on revenue-sharing arrangements. Multimedia Games also supplies the central determinant system for approximately 12,500 video lottery terminals ("VLTs") installed at racetracks in the State of New York. Multimedia Games is focused on the further development of new gaming systems and products for the markets it currently serves as well as for new domestic and international market opportunities. Additional information may be found at www.multimediagames.com.
SOURCE: Multimedia Games, Inc.
Multimedia Games, Inc.
Anthony Sanfilippo, 512-334-7500
President & Chief Executive Officer
or
Jaffoni & Collins Incorporated
Joseph N. Jaffoni or Richard Land
212-835-8500 or mgam@jcir.com
Copyright Business Wire 2010
