LAS VEGAS, NV--(Marketwire - May 15, 2012) - Moving to the next phase of a business relationship that began last year, JCM Global, the world's leading automatic transactions solutions provider to the gaming industry, has completed its acquisition of 49 percent Nanoptix Inc. common stock.
The agreement means JCM and Nanoptix have teamed forces from an equity standpoint to deliver both top quality bill validators and printers.
"Our initial investment has proven to be a successful and profitable one, and we are very pleased to invest in the future with this acquisition," said JCM Global President Aki Isoi. "We have a clearly defined roadmap for development that will exploit our network of technology relationships, and we expect to announce several new application projects that will build on the iVIZION platform and will further position PayCheck 4 for success."
Nanoptix President Daniel Vienneau said, "We have found a tremendous partner in JCM Global. When two technology companies share a vision to dramatically improve the gaming industry, incredible things happen, and that has been the case with our partnership with JCM."
Since JCM's initial investment last year, the PayCheck 4® Thermal Printer has been rebranded, marketed and sold as a JCM product, and in the few months since, the product is on track to earn more than a 40 percent ship share to new casino openings in 2012. The pairing of JCM's iVIZION® bill validator and the PayCheck 4 printer has been enormously successful, resulting in numerous contracts since JCM and Nanoptix joined forces.
The PayCheck 4 has also been integrated into Leap Forward Gaming's award-winning SaffariNet® ecosystem, a project in which JCM is also a technology partner.
More information about PayCheck 4 and the entire line of JCM's award-winning products is available at jcmglobal.com or by calling your JCM Global sales representative at +1 (702) 651-0000.
About JCM Global
JCM Global is the world's leading supplier of innovative automated transactions solutions for the banking, gaming and retail industries. With unsurpassed service and support, JCM Global is trusted by operators, manufacturers and integrators on six continents. Its extensive line of award-winning products set global standards with ground-breaking products like the iVIZION®, Universal Bill Acceptor (UBA®) and Vega-RC™ bill validators, Intelligent Cash Box (ICB®) and PayCheck 4® thermal printer. For more information, visit JCM Global's 24-hour tradeshow at www.jcmglobal.com.
About Nanoptix
Nanoptix is a global provider of Thermal Direct Printers whose goal is to work with our strategic partners to provide a solution to their needs by either adapting an existing product from our family of printers or by leveraging our strong engineering capacity by developing a custom printer for their specific requirements in the gaming, lottery, kiosk, POS and amusement market. Nanoptix strives to provide customers with the most advanced, efficient, reliable, innovative products and services in the marketplace. More information is available at www.nanoptix.com.
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Contact:
Paul Speirs-Hernandez
Steinbeck Communications
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