Multimedia Games Debuts on Austin American-Stateman's List of Top Workplaces 2012
AUSTIN, Texas--(BUSINESS WIRE)--
Austin may not be the obvious choice for a casino gaming company's home
base, but the city's people make it a great fit for Multimedia Games
Holding Company, Inc. (the "Company" or "Multimedia Games"). An emphasis
on its employees is not only engrained in the Company culture, but is a
major reason behind the Company's success. Multimedia Games' investment
in its employees can be seen most recently as the Company was named in
the Austin American-Statesman's list of Top Workplaces for 2012.
"Being in Austin helps us draw creative and technology talent that is
critical to developing casino games that stand out from our
competition," said Patrick Ramsey, President and CEO of Multimedia
Games. "These employees, who are core to everything we do, are a true
competitive advantage for us. That is why focusing on our culture and
embracing Austin is so critical."
Founded in 1991, Multimedia Games currently employs 274 Austinites and
over 431 people nationwide, having added 74 new employees in 2012. With
the Company's position as an innovator and one of the leading providers
of interactive gaming systems, Multimedia Games expects to continue its
local growth trend in the year ahead.
Community engagement, and working towards benefiting the Austin
community, is also a critical part of Multimedia Games' culture. Since
2010, Multimedia Games has partnered with local charities to raise
awareness for those charities at the Company's annual picnic for
employees and their families. All proceeds from the sale of raffle
tickets, t-shirts and concession stand items, along with donations,
benefit these charities. For its 2012 annual picnic, the Company and its
employees raised more than $5,000 for the Town Lake Animal Shelter and
Caritas of Austin, a provider of food, classes and other items for the
homeless, the working poor and documented refugees in Travis County.
Employees are encouraged to donate their time by volunteering at the
Community Kitchen at Caritas of Austin and the Company has supported the
Capital Area Food Bank by organizing food drives during the holiday
season. Multimedia Games also sponsored the 21st and 22nd
Annual Thundercloud Subs Turkey Trot in 2011 and 2012, respectively,
with over $265,000 raised in 2011 for Caritas of Austin.
Nominations submitted to the Austin American-Statesman for Top
Workplace are compiled by an independent research group,
WorkplaceDynamics. The outside firm conducted anonymous surveys on each
of the nominee companies, asking employees to rate their employers on
matters such as leadership and direction, ethics and values, and how
well employees are treated. Following the analysis of the results,
WorkplaceDynamics grouped the top employers in categories based on the
number of employees.
Mr. Ramsey concluded, "Developing a top workplace is a key priority for
everyone at Multimedia Games and we realize it is a continuous process
that we have to focus on each and every day. Not only does participation
in this process give us recognition for our hard work, it also helps us
focus on what we need to do to improve our employee environment and
achieve our workplace goals."
About Multimedia Games Holding Company, Inc.
Through its wholly owned subsidiary, Multimedia Games Holding Company,
Inc. ("Multimedia Games") (Nasdaq: MGAM) develops and distributes gaming
technology. The company is a creator and supplier of comprehensive
systems, content and electronic gaming units for Native American gaming
markets, as well as for commercial casinos and charity and international
bingo markets. Revenue is primarily derived from gaming units in
operation domestically and internationally installed on revenue-sharing
arrangements. Multimedia Games also supplies the central determinant
system for the video lottery terminals ("VLTs") installed at racetracks
in the State of New York. The company is focused on pursuing market
expansion and new product development for Class II, Class III and VLT
markets. Additional information may be found at www.multimediagames.com.
This press release contains forward-looking statements based on
Multimedia Games' current expectations and projections, which are
intended to qualify for the safe harbor from liability established by
the Private Securities Litigation Reform Act of 1995. The words
"believe", "expect", "continue", "intend", "plan", "seek", "estimate",
project", "may", or the negative or other variations thereof or
comparable terminology as they relate to Multimedia Games and its
products, plans, and markets are intended to identify such
forward-looking statements. All forward-looking statements are based on
current expectations and projections of future events.
These forward-looking statements reflect the current views, models, and
assumptions of Multimedia Games, and are subject to various risks and
uncertainties that cannot be predicted or qualified and could cause
actual results in Multimedia Games' performance to differ materially
from those expressed or implied by such forward looking statements.
These risks and uncertainties include, but are not limited to, the
ability of Multimedia Games to maintain strategic alliances; increase
its unit placements, installations or installed-base; grow revenue;
garner new market share; secure new licenses in new jurisdictions;
successfully develop or place proprietary product; comply with
regulations; or have its games approved by relevant jurisdictions.
Please refer to the Company's most recent Form 10-K and subsequent
filings with the Securities and Exchange Commission for a further
discussion of risks and uncertainties. All forward-looking statements
made herein are qualified by these cautionary statements and there can
be no assurance that the actual results, events or developments
referenced herein will occur or be realized. Readers are cautioned that
all forward-looking statements speak only to the facts and circumstances
present as of the date of this press release. Multimedia Games expressly
disclaims any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
Multimedia Games Holding Company, Inc.
212-835-8500 or email@example.com
Source: Multimedia Games Holding Company, Inc.
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