SUNNYVALE, CA, September 25, 2008
/24-7PressRelease/ -- Mu-Gahat Enterprises, a 100 percent Native-American owned provider of innovative card, chip and associated gaming security solutions powered by the capabilities of printed electronics, today announced their participation in the Industry Solutions Reseller (ISR) program with Avnet Technology Solutions, an IBM Business Partner. The ISR program offers manufacturers of dedicated-function industry solutions, such as gaming, the ability to leverage technology and services from IBM (NYSE: IBM). Under the agreement Mu-Gahat can take advantage of IBM technology Leadership with channels support from Avnet to market and distribute its line of secure playing card and secure casino chip systems now in development.
"Mu-Gahat was seeking distribution and technology partners that could offer strong service and sales support to our company, and we found such partners in Avnet and IBM," said Baxter Watkins, founder and President of Mu-Gahat. "Avnet and IBM are very focused on helping partners build and support complete business solutions. We look forward to working closely with them, and are confident that together we will bring our secure gaming solutions to a wider audience."
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.
"This agreement is a great example of IBM's commitment to providing leading-edge technologies to a wide variety of clients," said Mary Coucher, vice president, IBM Systems & Technology Group. "Along with Avnet, we look forward to helping Mu-Gahat bring a new level of security to gaming."
About Avnet Technology Solutions
Avnet Technology Solutions is an operating group of Phoenix-based Avnet, Inc. As a global technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers. For fiscal year 2008, the group served customers in more than 30 countries and generated US $7.6 billion in annual revenue. The group's Web site is http://www.ats.avnet.com. Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology in the world. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers and providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2008, Avnet generated revenue of $17.95 billion. For more information, visit http://www.avnet.com.
About Mu-Gahat
Mu-Gahat is the leader in innovative card, chip, and associated gaming security solutions powered by RFID capabilities developed by Block Shield plc (AIM: BLS). "Mu-Gahat" comes from the Native American Washoe tribal word for "bridge", building a bridge between customers' ideas and their realization. Mu-Gahat is 100% Native American owned, and is an associate member of the National Indian Gaming Association (NIGA). Mu-Gahat is a Native American Minority Business Enterprise (MBE), certified by the National Minority Supplier Development Council (NMSDC). For more information, visit http://www.mugahat.com or call 408 702 1800.
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