After a competitive review of systems technology, Alta Cordillera S.A. and Hipica de Panama S.A. selected a combined Bally Casino Management Systems (CMS™) / Slot Management Systems (SMS™) solution that includes Bally Power Winners™ bonusing technology, eTICKET™ cashless functionality and interactive touch-screen iVIEW displays for more than 1,400 slot machines.

Alta Cordillera S.A. controls Casino Arlequin, Casino Caesar, Casino Colon, Casino Galaxia and Casino Granada, while Hipica de Panama S.A. operates the Hipódromo Presidente Remón racino in Panama City.

The Bally CMS / SMS technology to be deployed over the next 12 months is from Bally’s MCC™ product line that is proving to be a preferred systems solution in Latin America and South America. More than 2,000 machines in Chile already feature technology from the MCC product line.

“This Bally solution is already the leading casino management system in Europe, and this Codere contract signing further establishes Bally as the primary systems provider in Latin America,” said John Connelly, Bally Vice President International. “This deal also builds on a strong relationship with our valued friends at Codere, which already includes an extensive games and systems partnership in Mexico.”

“We analyzed a variety of companies and their respective technologies and Bally was the clear choice,” said Vicente Di Loreto, COO Codere America. “We look forward to utilizing the accounting, player tracking, bonusing, coinless and iVIEW products to enhance the experience of our players while improving the overall performance of our operations.”

We feel our MCC Microsoft® Windows®-based systems are an ideal solution for Codere and will give its operators throughout Panama a complete multi-site casino management solution,” said Marco Herrera, Vice President and Managing Director of the MCC product line based in Nice, France.

Recognized as the industry systems leader with more than 350,000 machines and 660 casino, bingo, Class II, central determination and lottery locations worldwide — including more than 188 locations currently running Bally eTICKET™ on more than 224,000 slot machines — the Bally Technologies systems product line offers slot machine cash monitoring, table management, cashless, accounting, security, maintenance, marketing, promotional and bonusing capabilities, enabling operators to accurately analyze performance and accountability while providing an enhanced level of customer service.

With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally’s product line includes reel-spinning slot machines, video slots, wide-area progressives and Class II, lottery and central determination games and platforms. As the world’s No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. Additional information on the Company can be found at www.BallyTech.com.

This news release may contain “forward-looking” statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today’s date.

– BALLY TECHNOLOGIES, INC. –