BLS Block Shield

 

TIDMBLS 
 
RNS Number : 1361N 
Block Shield Corporation PLC 
11 February 2009 
 

Block Shield Corporation plc 
('Block Shield', 'the Company' or 'the Group') 
 
 
Block Shield Licensee Awarded Strategic Conditional Contract with Essential 
Gaming, Inc. 
Agreement centers on revolutionary new technology for improving casino security 
and 
player management 
 
 
Block Shield Corporation plc, powering customer success through leading Radio 
Frequency Identification ('RFID') applications, is pleased to announce that its 
RFID gaming technologies licensee, Mu-Gahat Enterprises ('Mu-Gahat'), has been 
awarded, conditional on completions of successful test installations, a $3 
million strategic contract for installations scheduled over a two year period 
with Essential Gaming, Inc. ('Essential Gaming'), a leader in the creation of 
customized business solutions for the gaming industry. Following successful 
completion of initial test installations, under the agreement, Essential Gaming 
will install Mu-Gahat's table gaming systems in card room casinos with which it 
has relationships. In addition, Essential Gaming, will become the exclusive 
California distributor of Mu-Gahat gaming products to the California Card Room 
Casino Market. 
 
 
Mu-Gahat's secure playing cards and chips, based on Block Shield's proprietary 
RFID technology, will allow casinos to both enhance and better target player 
rewards programs, while deterring counterfeiting, card-counting and other bad 
behavior, dramatically enhancing both casino profitability and reputation. 
Additionally, Mu-Gahat continues to strengthen its relationship with 
International Business Machines Corporation ('IBM') / Avnet Technology Solutions 
('Avnet') by partnering with the companies to provide worldwide on-site 
post-installation service. As announced on September 2008, Mu-Gahat is 
participating in the Industry Solutions Reseller program with Avnet and IBM. 
 
 
The Chief Executive Officer of Essential Gaming, Inc. commented: 
"We looked at other technologies designed to enhance table game management but 
this technology is truly unique; providing us with the performance and 
functionality features necessary to change the way table games is managed. This 
technology provides us with the tools to be able to 'lock-down' each table to 
achieve an extraordinary level of security and control that will substantially 
impact profitability." 
 
 
Edwin Oh, Chief Executive Officer of Block Shield, commented: 
"This agreement is another commercial validation of Block Shield's RFID 
technology, as Essential Gaming has completed the technical phase of beta 
deployment on a complete table game security and player management system to its 
customers in California. We anticipate this to be just one step in our continued 
momentum of this and other vertical RFID solutions in key markets". 
 
 
Block Shield has also entered into discussions with several other leading casino 
suppliers on licensing Block Shield's RFID gaming technologies. 
-ENDS- 
 
 
For further information contact: 
 
 
+-----------------------------+------------------+--------------------------------------+ 
| Block Shield Corporation    |                  |                                      | 
| Plc                         |                  |                                      | 
+-----------------------------+------------------+--------------------------------------+ 
| Edwin Oh, Chief Executive   | +1 408 830 5100  |                                      | 
| Officer                     |                  |                                      | 
+-----------------------------+------------------+--------------------------------------+ 
| Catherine H van Zuylen      | +1 408 702 1800  | catherine.van.zuylen@blockshield.com | 
+-----------------------------+------------------+--------------------------------------+ 
|                             |                  |                                      | 
+-----------------------------+------------------+--------------------------------------+ 
| Ambrian Partners Limited    | +44 20 7634 4712 |                                      | 
+-----------------------------+------------------+--------------------------------------+ 
| Nominated Adviser           |                  |                                      | 
+-----------------------------+------------------+--------------------------------------+ 
| Samantha Harrison           |                  |                                      | 
+-----------------------------+------------------+--------------------------------------+ 
 
 
About Block Shield 
Block Shield Corporation is listed on the London AIM market (BLS), and 
specializes in innovative, value-added RFID solutions. Rfidium, a Block Shield 
brand, provides complete RFID antenna inlay services, including RFID design, 
prototyping, low volume and high volume RFID antenna production. They also 
provide stock RFIDs for applications such as archival magnetic tape, item-level, 
box and pallet tracking. Block Shield's RFID technology also powers innovative 
card, chip, and associated gaming security solutions produced and marketed by 
Mu-Gahat, a 100% Native American owned associate member of the National Indian 
Gaming Association (NIGA). 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 CNTEAPAFFSFNEEE 
 

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