Monaco
August 02, 2001

    MIS Group, the parent company of Monaco Informatiques Systèmes (MIS), today announced the acquisition of Las Vegas based Gaming Systems International (GSI), a wholly-owned subsidiary of MAI, Systems Corporation of Irvine, California.  At the same time, MIS Group President and chief executive, Christian Fabre announced that gaming veteran Dean McClain has assumed the duties of CEO of GSI in the United States.

    The announcement by MIS Group comes less than a year following its purchase of GRIPS Electronic GmbH in Austria that included all GRIPS offices and employees worldwide.  The GSI acquisition now boosts the number of MIS Group customers to more than 400 worldwide on five continents.

    “Today marks a significant milestone in the MIS Group’s goal of becoming a truly key global gaming company”, said Mr. Fabre.  “GSI’s existing base of customers in the western hemisphere will allow us to introduce our advanced, field-proven gaming systems and cross-platform topology on a highly accelerated basis.”

    GSI’s new CEO, Dean McClain, formerly with Konami Gaming, Inc, in Las Vegas noted, “I look forward to working with GSI co-founder Roy Student and to helping our customers implement the most technologically advanced casino systems in the world.”

    Since founding MIS as a software development company in 1991, Christian Fabre has successfully and profitably diversified the MIS Group and its core competencies to include fully integrated, cross-platform technologies and enterprise-strength database management.  In 1997 Monaco Informatiques Systèmes and GRIPS became the first gaming supplier in the world to gain approval for installation and deployment of SmartCard technology for gaming when it introduced its “Cashless” product to players at the Sun International properties.

    The entire MIS Group including GRIPS and GSI will be exhibiting at both of the upcoming gaming shows in Las Vegas”, commented Mr. Fabre.  “We are confident the fully-integrated and cashless systems we’ll be showing will pleasantly surprise more than just a few.”
 
 

For any further information, please contact :
- In the United States : 
John Long
+1 (702) 521 9760
SunComJohn@aol.com

- In Europe : 
Eric Bidault
+33 (0)1 53 57 37 37
Think1do@aol.com