LAS VEGAS, April 11 - Network Installation Corp. (OTC Bulletin Board: NWKI) announced today that subsidiary Kelley Technologies' patent-pending, next generation Race & Sports Book platform will be unveiled at the grand opening of Station Casinos' $925 million Red Rock Casino Resort Spa scheduled for April 18, 2006 in Las Vegas. Station Casinos is the first resort and gaming company to purchase the system.
Kelley Technologies CEO Mike Kelley stated, "We are thrilled about reaching this major milestone in our evolution. Our proprietary, next generation Race & Sports Book platform presents a fresh, exciting and innovative approach to the overall video and data betting source experience. I believe we now have momentum in marketing the system to other new casino resorts as well as properties choosing to upgrade their existing platforms."
Mike Kelley was a pioneer in the development of electronic race and sports books in Nevada. In 1980, his predecessor firm International Video Consultants was instrumental in the design and deployment of Nevada's first integrated electronic race and sports book which debuted in Las Vegas at Caesars Palace. This revolutionary platform provided a turn key solution to satellite transmission, programming, cable signal distribution, state of the art split screen video displays, as well as integrated audio-video switching. Since that time Kelley Technologies has designed, fabricated or installed over 70 additional like race and sports book systems in major gaming venues.
Red Rock Casino Resort Spa
Red Rock Casino Resort Spa scheduled for its grand opening in April 18, 2006, is a Las Vegas desert-themed resort and casino with 415 hotel rooms, 3,000 slot machines and 62 table games, 9 restaurants, four entertainment venues, 94,000 square feet of meeting space, a luxury spa and a three-acre centerpiece pool area. For further information about Red Rock Casino Resort Spa please visit http://www.redrocklasvegas.com. For additional information about the Red Rock Casino Resort Spa 'Race and Sports Book' please visit http://www.redrocklasvegas.com/gaming/book.php
About Network Installation
Network Installation Corp., through its wholly-owned subsidiary Kelley Technologies, is a technology company which specializes in the design, development and integration of communication technology and system networks for the gaming, resort and hospitality markets. The Company has developed a patent-pending, proprietary next generation race & sports book platform designed for the gaming industry.
To find out more about Network Installation Corp. (OTC Bulletin Board: NWKI) or Kelley technologies, please visit http://www.networkinstallationcorp.net or http://www.kccinc.com. The Company's public financial information and filings can be viewed at http://www.sec.gov.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
For further information, please contact Jeffrey R. Hultman, Chairman and CEO, Network Installation Corp., jhultman@ntwins.com, ph (949) 719-2700 or Michael Orefice, VP Marketing, Kelley Technologies, morefice@kelleytechnologies.com, (702) 889-8777.
