LAS VEGAS–(BUSINESS WIRE)–Bally Technologies, Inc. (NYSE: BYI), a leader in slots, video machines, casino-management, and networked and server-based systems for the global gaming industry, announced today that respected gaming-industry executive Randy Hedrick will join the Company in December 2010 as Vice President of Development.
“I’m enthusiastic about the opportunities that lie ahead to develop cutting-edge gaming technology that will drive customer ROI and profits to new levels.”
“Randy Hedrick is a true superstar in our industry,” said Richard Haddrill, Bally Technologies’ Chief Executive Officer. “As a veteran of all aspects of product development within the gaming industry, he brings a wealth of knowledge and experience which will be instrumental in continuing the growth of our industry-leading R&D efforts and portfolio of world-class gaming products. We look forward to welcoming Randy and his Aurora Design group to Bally.”
Hedrick previously served as Senior Vice President of Labs for International Game Technology (IGT). He left IGT 20 months ago to become President of Aurora Design, Inc., a Reno, Nev.-based design studio that develops advanced technology applications for the global gaming industry, focusing on community gaming, new product creation, and intellectual property strategies and licensing.
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Five of Hedrick’s team members at Aurora Design will join him at Bally Technologies, where he will lead a team focused on integrating sophisticated applications being developed by Bally for commercial deployment throughout the gaming industry. His Reno-based team will also focus on special projects outside the scope of mainstream product development in support of Bally’s Innovation Lab, reporting to Walt Eisele, Bally’s Vice President of Technology.
“My colleagues with Aurora Design and I are excited to be joining Bally Technologies at a time when Bally is clearly solidifying its position as the undisputed leader in technological innovation for the gaming industry,” Hedrick said. “I’m enthusiastic about the opportunities that lie ahead to develop cutting-edge gaming technology that will drive customer ROI and profits to new levels.”
About Bally Technologies, Inc.
With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally’s product line includes reel-spinning slot machines, video slots, wide-area progressives, and Class II, lottery and central determination games and platforms. As the world’s No. 1 gaming-systems Company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. For more information, please contact Laura Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit http://www.ballytech.com.
This news release may contain “forward-looking” statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today’s date.
– BALLY TECHNOLOGIES, INC. –
