Net loss of $.05/share [1]
GPI and Progressive announce an agreement to develop high-frequency RFID readers and software. The high-frequency technology promises to read larger stacks of chips than previously possible, and at significantly faster speeds. The products are expected in mid-May 2008. The partnership promises faster-than-anticipated roll-out of improved products, which should increase demand and thus revenues. Shares moved up as a result.Progressive Gaming and Gaming Partners International Enter into RFID Technology Agreement