Progressive Gaming International Announces Ticker Symbol Change to 'P

    Business Editors

    LAS VEGAS--(BUSINESS WIRE)--Jan. 4, 2005--Progressive Gaming International Corporation (the Company) (NASDAQ: PGIC), a leading provider of diversified products and services used in the gaming industry worldwide, announced that effective today its shares of common stock will now trade under the new ticker symbol "PGIC" on the NASDAQ National Market Quotation System.

    About Progressive Gaming International

    Progressive Gaming International is a leading supplier of innovative and diversified products and services used in the gaming industry worldwide. The Company develops and distributes an expanding array of slot games, table games and advanced player tracking and accounting systems for slot machines and table games. The Company is also a market leader in exciting progressive jackpot technology for casinos worldwide. There is a Progressive Gaming International product in virtually every casino in the world. For further information, visit www.progressivegaming.net or www.mikohn.com.

    Safe Harbor Statements under The Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements of Mikohn Gaming Corporation, d/b/a Progressive Gaming International Corporation, including statements regarding the expected trading symbol for the Company's common stock on NASDAQ. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, the risk that the Company's common stock may not begin trading under the new symbol when expected, or at all, risks related to the Company's ability to enforce and continue to develop its intellectual property rights, including rights licensed from third parties, the risk that the Company's intellectual property portfolio may not provide the benefits described in or implied by such forward-looking statements, the risk that patents may exist of which the Company is not aware, or that existing patents may provide benefits to third parties beyond those anticipated by the Company, risks related to delay in the introduction of new products, the status of rights licensed from content providers, the Company's ability to meet its capital requirements, relationships with casino operators, the overall industry environment, customer acceptance of the Company's new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions as well as the Company's debt service obligations. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Mikohn Gaming Corporation's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

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CONTACT: Progressive Gaming International Corporation, Las Vegas Michael A. Sicuro, 702-263-2505

KEYWORD: NEVADA INDUSTRY KEYWORD: HARDWARE ENTERTAINMENT GAMING SOURCE: Progressive Gaming International Corporation

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