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05/25/2010

Shuffle Master, Inc. “Adopts” A Las Vegas School



Shuffle Master, Inc. today announced that in memory of the Company’s former CEO, the late Timothy Parrott, the Company has “adopted” a local at-risk elementary school and donated $90,000 to provide various resources and services via three local charitable organizations: The Public Education Foundation, Spread the Word Nevada and Three Square Food Bank.

“Tim was passionate about Shuffle Master and its employees giving back to the community and the Adopt-A-School concept is something he initiated months ago,” stated Phillip C. Peckman, Chief Executive Officer of Shuffle Master. “We are so pleased to positively impact the lives of over 800 children by providing time, resources and needed funds to Jack Dailey Elementary School.”

Shuffle Master’s unique partnership with the local organizations focuses on the various needs of Jack Dailey Elementary School, a Title I school with no current business partners or substantial community support. The Company’s contribution and sponsorship will help enrich the educational experience as well as the overall well-being of these children by:

• Providing students with new clothing and books
• Giving teachers much-needed classroom supplies
• Initiating a “Kids to Kids” monthly book distribution program
• Launching reading mentorship and literacy programs
• Providing backpacks full of healthy food for children who might otherwise go without during weekends and long breaks from school

Later this week, the students of Jack Dailey Elementary will receive a backpack full of snacks, school supplies and new as well as gently used books. When the children return to school in the fall, Shuffle Master will organize several hands-on activities for its employees to help with the continued sponsorship of the school. This will include helping renovate the student library, opportunities for mentoring and tutoring, school supplies drives, and preparing backpacks, to name a few.


About Shuffle Master, Inc.

Shuffle Master, Inc. is a gaming supply company specializing in providing its casino customers with improved profitability, productivity and security, as well as popular and cutting-edge gaming entertainment content, through value-add products in four distinct categories: Utility products which include automatic card shuffler, roulette chip sorters and intelligent table system modules, Proprietary Table Games which include live table game tournaments, Electronic Table Systems which include various e-Table game platforms and Electronic Gaming Machines which include traditional video slot machines for select markets. The Company is included in the S&P Smallcap 600 Index. Information about the Company and its products can be found on the Internet at www.shufflemaster.com.


About Three Square
Three Square was established to end hunger in the valley by providing wholesome, nutritious food to non-profit organizations that serve a wide range of Southern Nevadans in need. A national model project inspired by Eric Hilton with a grant provided by the Conrad N. Hilton Foundation, Three Square is a community collaborative partnership with the gaming industry, businesses, non-profit agencies, food distributors, UNLV, the CCSD, governmental entities, the media and hundreds of volunteers to efficiently and effectively serve hope to those in our community struggling with hunger. Three Square currently provides 17 million pounds of food – the equivalent of 13 million meals – per year to more than 280 non-profit and faith-based organizations, 195 schools and multiple food service sites throughout Southern Nevada. Three Square is a member of the Feeding America network of food banks. www.threesquare.org


About Spread the Word Nevada
Kids to Kids, a flagship program of Spread the Word Nevada, Inc., a nonprofit, 501(c) (3) corporation, serves low-income children and helps them create home library collections of books to read and share with family members. While developing a love of reading, these libraries promote future academic achievement and self-confidence, which impacts lifelong success. Other literacy programs include Breakfast with Books and Books and Buddies. Since 2001, Spread the Word Nevada has distributed more than 1.4 million gently used and new books to more than 162,000 low-income youth. Contact (702) 564-7809 or visit www.SpreadtheWordNevada.org to learn more about program details.


About The Public Education Foundation
The Public Education Foundation is a nonprofit organization dedicated to mobilizing community and global resources to meet the challenges of educating a growing and diverse Southern Nevada population. The Foundation’s programs and initiatives are designed to improve student performance and advance quality educational opportunities for all children. Since 1991, the Foundation has raised approximately $62 million to improve teaching and learning in Southern Nevada’s public schools. For more information about the Foundation, go to www.thepef.org.

 

This release contains forward-looking statements that are based on management’s current beliefs and expectations about future events, as well as on assumptions made by and information available to management. The Company considers such statements to be made under the safe harbor created by the federal securities laws to which it is subject, and assumes no obligation to update or supplement such statements. Forward-looking statements reflect and are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the following: changes in the level of consumer or commercial acceptance of the Company’s existing products and new products as introduced; advances by competitors; acceleration and/or deceleration of various product development, promotion and distribution schedules; product performance issues; higher than expected manufacturing, service, selling, administrative, product development, promotion and/or distribution costs; changes in the Company’s business systems or in technologies affecting the Company’s products or operations; reliance on strategic relationships with distributors and technology and manufacturing vendors; current and/or future litigation or claims; tax matters, including changes in tax legislation or assessments by taxing authorities; acquisitions or divestitures by the Company or its competitors of various product lines or businesses and, in particular, integration of businesses that the Company may acquire; changes to the Company’s intellectual property portfolio, such as the issuance of new patents, new intellectual property licenses, loss of licenses, claims of infringement or invalidity of patents; regulatory and jurisdictional issues (e.g., technical requirements and changes, delays in obtaining necessary approvals, or changes in a jurisdiction’s regulatory scheme or approach, etc.) involving the Company and its products specifically or the gaming industry in general; general and casino industry economic conditions; the financial health of the Company’s casino and distributor customers, suppliers and distributors, both nationally and internationally; the Company’s ability to meet its debt service obligations, including the Notes, and to refinance its indebtedness, which will depend on its future performance and other conditions or events and will be subject to many factors that are beyond the Company’s control; and various risk related to the Company’s customers’ operations in countries outside the United States, including currency fluctuation risks, which could increase the volatility of the Company’s results from such operations. Additional information on these and other risk factors that could potentially affect the Company’s financial results may be found in documents filed by the Company with the Securities and Exchange Commission, including the Company’s current reports on Form 8-K, quarterly reports on Form 10-Q and annual report on Form 10-K.

Media Inquiries:
If you are a member of the media and have questions about Shuffle Master, Inc., please contact:

Kirsten Clark
(702) 897-7150
kclark@shufflemaster.com

Request a Press Kit:
info@shufflemaster.com