IGT Announces Summary Judgment Entered in Its Favor Against Bally
Wednesday, September 10, 2008 8:40 PM
Symbols: BYI, IGT

RENO, Nev., Sept. 10 /PRNewswire-FirstCall/ -- International Game Technology (NYSE: IGT) announced today that it was granted summary judgment in a patent infringement lawsuit against Bally Gaming, Inc. d/b/a Bally Technologies. Bally's US Patent No. 7,100,916 was declared invalid. Bally had alleged that its Lucky Wheel(TM) products embodied the claimed invention and that IGT's 'wheel' games, including its Wheel of Fortune(R) slot machines, infringed the patent which was held invalid.

'IGT believes strongly in the United States patent system and respects the valid intellectual property rights of others. We are pleased that our position has been vindicated,' said TJ Matthews, IGT's Chairman and Chief Executive Officer.

The lawsuit was filed in the United States District Court for the District of Nevada on September 5, 2006. Judge Edward C. Reed entered an Order granting IGT's motion for summary judgment on September 9, 2008. The plaintiff, Bally Gaming, is a subsidiary of Bally Technologies, Inc. (NYSE: BYI).

IGT (http://www.IGT.com) is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products.

Statements in this release, which are not historical facts, are 'forward looking' statements under the Private Securities Litigation Reform Act of 1995. Although IGT believes that the expectations reflected in any of its forward-looking statements are reasonable, actual results could differ materially from those projected or assumed. IGT's future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent known and unknown risks and uncertainties. IGT does not intend, and undertakes no obligation, to update forward-looking statements to reflect future events or circumstances.

Information on risks and factors that could affect IGT's business and financial results are included in our public filings made with the Securities and Exchange Commission.

SOURCE International Game Technology

(Source: PR Newswire )

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