Galaxy Gaming Announces New Ticker Symbol
LAS VEGAS, Sept. 2, 2009 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc., formerly known as Secured Diversified Investment, Ltd. (OTCBB:GLXZ), announced today that its shares now trade on the Over-the-Counter Bulletin Board (OTC-BB) quotation service under the new trading symbol "GLXZ.OB." The Company previously traded on the OTC-BB service under the ticker symbol "SECD.OB" and was issued its new symbol by the Financial Industry Regulatory Authority ("FINRA") as a result of a recent merger of the two companies.
"This event represents the final step in the transformation of Galaxy Gaming from a private company into a public one," stated Robert B. Saucier, Chief Executive Officer of Galaxy Gaming, Inc. "For over a decade we have been known throughout the industry as Galaxy Gaming. The Secured Diversified moniker, which was a result of our reverse merger in February, was confusing to many who followed us. We are excited to be now united as 'Galaxy Gaming' and to have been issued our new symbol by FINRA. Although our shareholders have been thrilled with our company's performance, they never could quite understand why we still had the SECD symbol. They welcome the new GLXZ symbol."
Galaxy Gaming, (www.galaxygaming.com), is a leading developer of casino table games and enhanced electronic bonusing and wagering systems. Galaxy Gaming designs, engineers, markets and distributes its products throughout North America and on cruise ships worldwide. It owns global rights to popular table game content, including Lucky Ladies, Texas Shootout, Emperor's Challenge and has developed innovative table game platforms known as the Bet Tabulator System, TableVision, and the Bonus Jackpot System. Headquartered in Las Vegas, Galaxy Gaming is the world's second largest provider of casino table games and associated products.
The Galaxy Gaming, Inc. logo is available at https://www.globenewswire.com/newsroom/prs/?pkgid=6569
Forward Looking Statements
This release contains certain "forward-looking statements" relating to the business of the Company which can be identified by the use of terminology such as "believes", "expects", or similar expressions. Such statements involve risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated, or expected. The Company expressly disclaims any obligation to update or alter its forward-looking statements.
CONTACT: Galaxy Gaming Robert B. Saucier, CEO 702-939-3254 Fax: 702-939-3255