New Multi-Year Contract with Ainsworth

RNS Number : 3745Z

Quixant PLC

05 February 2014

 



5 February 2014

Quixant plc

("Quixant" or the "Company")

New Multi-Year Contract with Ainsworth Game Technology

Quixant (AIM:QXT), a leading provider of specialised computing platforms for casino gaming machine applications, is pleased to announce that it has signed a multi-year contract with Ainsworth Game Technology (ASX: AGI) ("Ainsworth"), a premier manufacturer of global gaming solutions.

Under the terms of the agreement, Quixant will supply Ainsworth with a new series of computer platforms for its gaming machine products for a five year duration through to 2019. Ainsworth is an existing customer and Quixant has supplied them since 2007.

The new agreement extends Quixant's already strong relationship with Ainsworth for the supply of specialised computer gaming platforms, supporting the ongoing success of their gaming machines. 

Danny Gladstone, CEO of Ainsworth commented: "Quixant and Ainsworth have both experienced several years of strong growth and we are pleased to be extending this relationship. Our A560 range of gaming machines is delivering class leading performance in jurisdictions worldwide."

Nick Jarmany, CEO of Quixant commented: "Quixant has enjoyed a strong and lengthy relationship with Ainsworth and we are very proud to continue to be the supplier of computer gaming platforms to drive their exciting range of gaming machines.  We are delighted to have extended this supply relationship with a company known for its high performing gaming machines and look forward to many more years of mutual benefit."

For further information please contact:

Quixant plc	Tel: [phone]
Nick Jarmany, CEO
Jon Jayal, General Manager
Nominated Adviser and Broker:	Tel: [phone]
Smith & Williamson Corporate Finance Limited
Azhic Basirov, Siobhan Sergeant, Oliver Cummings
Financial PR:	Tel: [phone]
Newgate Threadneedle
John Coles, Fiona Conroy, Hilary Millar

About Quixant

Quixant, founded in 2005, designs and manufactures complete advanced hardware and software solutions (Gaming Platforms) for the pay-for-play gaming and slot machine industry. The Company is headquartered outside of Cambridge in the UK.  Quixant UK Ltd is responsible for the group's global (excluding North America) sales function and its Las Vegas based subsidiary, Quixant USA Inc, is responsible for sales and sales support to the North American market. Quixant has its own manufacturing and engineering operation in Taiwan, which has evolved with the rapid growth of the Company. Quixant's Italian subsidiary, Quixant Italia, houses the Group's software engineering and customer support team. 

Quixant's high quality, specialised products provide an all-in-one solution, based on PC technology but with augmentative hardware features and operating software developed specifically to address the requirements of the gaming industry. Products feature innovative mechanical designs which are optimised for operation in the gaming and slot machine environment. Quixant's proprietary hardware and embedded software is flexible in its design, enabling Quixant to easily respond to changes in regulation or customers operating in different markets or jurisdictions.

About Ainsworth Game Technology

Ainsworth Game Technology is a premier manufacturer of global gaming products committed to a culture of quality, innovation and excellence. AGT distributes a range of gaming products, entertaining standalone progressives and linked games through its sales offices and distributors in Australia, New Zealand, Asia, USA and Europe. AGT is an Australian publicly listed company (ASX code: AGI) headquartered in Newington, Sydney, Australia.

 

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