Global Payment Technologies, Inc. and Table Trac, Inc. Sign Letter of Intent for Joint Venture and Distribution Agreement

Global Payment to Market a Jointly Developed Table Gaming Product Which Includes Its New Argus Validator; To Debut in Puerto Rico At the Caribbean Gaming Show On June 11, 2001.

HAUPPAUGE, N.Y.
June 11, 2001

FOR IMMEDIATE RELEASE
 
Contact: Thomas McNeill, VP-CFO                                   Matthew Hayden, President
Global Payment Technologies, Inc.                                   Hayden Communications, Inc.
(631) 231-1177 ext. 273                                                   (843) 272-4653
 
Global Payment Technologies Inc. announces a two year supply agreement with Aristocrat Technologies, Australia Pty Limited
                  
 
  

Hauppauge, New York, July 12, 2001 - Global Payment Technologies, Inc. (NASDAQ Symbol: GPTX) ("GPT"), a leading
manufacturer and innovator of currency acceptance systems used in the worldwide gaming, beverage, and vending industries today
announced that it has signed a new two-year Supply Agreement (the “Agreement”) with Aristocrat Technologies Australia Pty Ltd.
(“Aristocrat”), through its affiliate Global Payment Technologies Australia Pty Ltd. (“GPT-Australia”).  Aristocrat, a Sydney, Australia
based company, is the second largest manufacturer of gaming machines in the world, and the leader in the substantial Australian
gaming market.  The Agreement calls for GPT to be the “Most Favored Supplier” for the Australian, New Zealand and South African
gaming markets and, as such, GPT will be the currency validating equipment used as the standard by Aristocrat in its gaming
machines for these markets.  As in prior Agreements, this does not preclude Aristocrat from using alternative currency validating
equipment. 

Stephen Katz, GPT’s Chairman and CEO, said, “Since 1995, Aristocrat and GPT have forged a close working relationship that began
with the development of GPT’s Generation II product.  Since that time, our sales, marketing and engineering departments have
continued to work closely to create a mutually beneficial partnership, which includes local sales, service and support provided by our
affiliate, Global Payment Technologies Australia Pty Ltd.  The new Agreement is a natural progression of our long-standing business
relationship that spans more than six years and marks a strong beginning for the next phase of our growing partnership.  We are
pleased to continue to supply Aristocrat, one of the leading gaming companies in the world and the premier gaming company in
Australia, what GPT believes to be, the best note validation equipment available today.  We look forward to supporting Aristocrat as
they continue their unprecedented growth and global expansion.”

Global Payment Technologies, Inc. is a United States-based designer, manufacturer, and marketer of automated currency
acceptance and validation systems used to receive and authenticate currencies in a variety of payment applications worldwide.
GPT's proprietary and patented technologies are among the most advanced in the industry. Please visit the GPT web site for more
information at http://www.gpt.com.

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        Aristocrat Leisure Limited (Aristocrat) – (ASX: AU:ALL) is the leading supplier of gaming machines in Australia and the largest
gaming systems Company in the world. Founded in 1953, the Company has 1700 employees and holds more than 100 licenses
and/or regulatory approvals throughout the world (including the US), serving customers in 20 countries.  Aristocrat has applied for
more than 1400 patents, trademarks and designs and has been named “Innovator of the Year” by Business Review Weekly
magazine. The Company pioneered the industry move to video technology and supplies its customers with multiple platforms through
multiple delivery systems.  Please visit the Aristocrat web site for more information at http://www.aristocrat.com.au.

Special Note Regarding Forward-Looking Statements: A number of statements contained in this release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results
to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited
to: GPT's dependence on the paper currency validator market and its potential vulnerability to technological obsolescence; the risks that its
current and future products may contain errors or defects that would be difficult and costly to detect and correct; possible risks of product
inventory obsolescence; expectations as to the market for slot machines in South Africa; regulatory approval; potential manufacturing
difficulties; potential shortages of key parts and/or raw materials; potential difficulties in managing growth; dependence on a limited base of
customers for a significant portion of sales; dependence on key personnel; the possible impact of competitive products and pricing; and
other risks described in more detail in GPT's Securities and Exchange Commission filings.

                                             - #### -

Theresa Reed
Director of Media Relations
Hayden Communications, Inc.
Direct Dial 757.549.0789
theresa@haydenir.com
www.haydenir.com
 

    Global Payment Technologies, Inc. (NASDAQ Symbol:GPTX - news; ``GPT''), a leading manufacturer and innovator of currency acceptance systems used in the worldwide gaming, beverage, and vending industries, jointly announced with Table Trac, Inc. (OTC/BB: TBTC - news) of Minneapolis, Minn. the signing of a non-binding letter of intent that includes a joint venture and distribution agreement. The non-binding letter of intent is subject to the signing of definitive agreements. 

    The agreement calls for GPT to market, worldwide, a new table gaming product that automates and monitors, on a real-time basis, the operations and revenues of casino table games. This product is a combination of patented technologies of both companies and uses GPT's new ARGUS(TM) validator that accepts and validates currencies worldwide. 

    The product will have its debut in Puerto Rico on June 11, 2001 in the GPT exhibition booth during The Caribbean Gaming Show. Additionally, both companies will issue further details upon the signing of the definitive agreement. 
 

About Global Payment Technologies, Inc. 

    Global Payment Technologies, Inc. is a United States-based designer, manufacturer, and marketer of automated currency acceptance and validation systems used to receive and authenticate currencies in a variety of payment applications worldwide. GPT's proprietary and patented technologies are among the most advanced in the industry. GPT maintains manufacturing facilities in Hauppauge, N.Y. and sales offices in Las Vegas, the U.K., Australia and South Africa. 

About Table Trac, Inc. 

    Table Trac, based in Minnetonka, Minn., has developed a patented real-time system that automates and monitors the operations of casino gaming tables. It provides casino management with comprehensive information including linking table games activity seamlessly into an automated environment that provides instant information about the entire casino's table gaming status, along with slot machine play, players club, accounting, banking and games security. This system may be utilized in conjunction with the new product. 
 

Special Note Regarding Forward-Looking Statements:
A number of statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited to: the risks that GPT's current and future products may contain errors or defects that would be difficult and costly to detect and correct; GPT's dependence on the paper currency validator market and its potential vulnerability to technological obsolescence; possible risks of product inventory obsolescence; potential difficulties in manufacturing operations; potential shortages of key parts and/or raw materials; potential difficulties in managing growth; dependence on a limited base of customers for a significant portion of sales; dependence on key personnel; the possible impact of competitive products and pricing; and other risks described in more detail in GPT's Securities and Exchange Commission filings.
 

Theresa Reed
Director of Media Relations
Hayden Communications, Inc.
Direct Dial 757.549.0789
theresa@haydenir.com
www.haydenir.com