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EC Development, Inc. Signs Agreement to Supply Tahoe Casino Management System to Oasis Gaming CenterCompany Furthers Expansion Into Canadian Marketplace (March 09, 2012)
SHAWNEE, OK -- (Marketwire) -- 03/09/12 -- EC Development, Inc. (OTCQB: ECDI) (OTCBB: ECDI) announced today that it has entered into an agreement with Oasis Gaming Center in New Brunswick, Canada to provide its Tahoe Casino Management (CMS) Product Suite for management of the casino's 56 gaming machines. EC Development will begin installation within the next 30 days. The Company anticipates revenues in excess of $200,000 over the duration of the three-year agreement.
"We are very pleased to enter into this agreement with the Oasis Gaming Center," said Gene Estep, CEO of EC Development. He added, "This is a great opportunity for us to continue the expansion of the Tahoe product line into the Canadian marketplace."
EC Development's flagship Tahoe CMS (Casino Management System) technology brings speed and efficiency to casino gaming by providing customers a packaged, fully modern, fully computerized slot accounting, promotions, marketing, and reporting system which allows a casino to run virtually any vendor's games on one system, completely eliminating disparate systems while enabling the use of some truly cutting edge marketing tools.
About EC Development, Inc.
EC Development, Inc. (ECDI), designs, develops and markets software for the U.S. and international gaming and casino markets. The software monitors, audits, analyzes and manages all financial transactions and customer activities for casinos and other gaming related environments.
Its flagship technology, the Tahoe CMS (Casino Management System), is a complete class 2 and class 3 game accounting system and offers customers a packaged, fully modern, fully computerized slot accounting, promotions, marketing, and reporting system which allows a casino to run virtually any vendor's games on one system, completely negating the need to have disparate systems while also enabling the use of some truly cutting edge marketing tools.
For more information on the company, please visit www.ecdevonline.com.
About Oasis Gaming Center
The Oasis Gaming Center is located on the Tobique Reservation in New Brunswick, Canada. The gaming center will operate 56 electronic gambling machines and expects to expand its gaming floor within the year.
EC Development, Inc.
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