Press Release

SOURCE: GameTech International, Inc.

Gaming Industry Veteran Mark Lowell Joins GameTech As Vice President of Research & Development

Seasoned Technology Executive Brings 15 Years’ Experience, Background With Aristocrat and International Game Technology To New Position

(Nov. 14, 2001) – GameTech International, Inc. (Nasdaq-NM: GMTC), a leading supplier in the electronic bingo industry, today announced that it has named Mark Lowell as vice president of research & development.

According to GameTech Chief Executive Officer Clare Thiesen, Lowell will be charged with directing the Company's engineering operations and implementing internal controls, systems and procedures to support the orderly flow of new products to market.
"Mark Lowell is an outstanding addition to GameTech’s management team," Thiesen said. “Mark has a diverse breadth of background with technology companies, including many years in the gaming industry. I am confident in his ability to manage and implement complex product development programs in a cost effective and timely manner.”

Lowell brings 15 years of broad-based technology experience to the Company. Most recently, he was vice president of customer operations at VitalLink, a 130-employee technology startup specializing in business management software for the restaurant, bar and convenience store markets.
Previously, he was co-president of Aristocrat Inc., the U.S. subsidiary of Aristocrat Leisure Ltd., a company specializing in the design and manufacture of video gaming machines, game content, and information-management systems for casino gaming markets. At Aristocrat – where he played pivotal role in the subsidiary’s financial and operating turnaround – Lowell managed a 70-member team responsible for strategic product direction, research and development, manufacturing and service for Aristocrat’s North and South American markets.
 

From 1989 through 1995, Lowell was associated with International Game Technology, where he advanced from senior software engineer to manager of system projects and led a 50-member team in the development of systems for gaming devices.
“GameTech has forged its industry-leadership position on the strength of innovative products and information systems that stimulate consumer play and, in turn, bring added profit to our hall operator customer base. Mark’s leadership and industry knowledge will be instrumental in spurring future product initiatives,” Thiesen concluded.
GameTech International, Inc. is a leading supplier of a comprehensive line of electronic bingo equipment, including hand-held bingo units, fixed base units and turnkey accounting and management software. The company supports its bingo operator customers with products that increase play, revenues and profits, and software customized to enhance management and operations, all backed by unparalleled customer service.
 

Certain statements contained in this document may be deemed to be forward looking statements under federal securities laws, and GameTech intended that such forward looking statements be subject to the safe harbor created thereby. Such forward-looking statements include but are not limited to expectations of the financial growth and operating results of the company. GameTech cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward looking statements contained herein. Such factors include, but are not limited to (a) changes in the markets for the company’s products; (b) the failure of new products to deliver commercially acceptable performance; and (c) changes in the regulatory environment for the Company’s products and the ability of the Company and its products to be licensed; and (d) the ability of GameTech’s management, individually or collectively, to guide the company in a successful manner. Additional information on these risk factors that could potentially affect the company’s financial results may be found in documents filed by the company with the Securities & Exchange Commission.