News

Uri Clinton Named General Counsel of Multimedia Games

AUSTIN, Texas-(Business Wire)-August 5, 2008 - Multimedia Games Inc. (NASDAQ: MGAM) ("Multimedia") today announced the appointment of Uri L. Clinton, 35, as General Counsel and Corporate Secretary. Mr. Clinton will serve as chief legal counsel for all business operations, corporate governance, regulatory compliance and licensing in a newly created Legal Affairs Department for the Austin, Texas based developer and distributor of technology and products for the gaming industry.

Mr. Clinton brings to Multimedia Games more than 10 years business and legal experience. For the last six years, Mr. Clinton has been employed by Harrah's Entertainment, Inc.'s Law Department, most recently serving as Vice President of Legal Affairs for its Central Division. In that and earlier positions, he served as business operations and regulatory compliance legal counsel for more than 13 casino/hotels located in seven Native American and commercial gaming jurisdictions. Additionally, he served as lead counsel for several of Harrah's enterprise-wide departments and initiatives, including its National Casino Marketing Air Charter program, Risk Management Department, Corporate Diversity, and the 2004 integration of several Horseshoe branded casinos into the Harrah's corporate structure.

"Uri is a talented and bright individual with a broad set of keen legal and business skills," said Anthony Sanfilippo, Multimedia's President and CEO. "He will be a tremendous asset for our company as we focus on providing our products and services in potential new jurisdictions and as we continue to maintain the highest standard of regulatory compliance in places where we are currently licensed."

"Multimedia Games is a company with tremendous opportunities," Mr. Clinton said. "I grew up in Las Vegas and have spent years working in and following the gaming industry, and I believe Multimedia Games' growth potential is exceptional."

Mr. Clinton earned his Juris Doctorate from Gonzaga University School of Law and his Masters in Business Administration from the Vanderbilt University Owen Graduate School of Management.

Upon joining the company, Mr. Clinton will receive an option to purchase 250,000 shares of the Company's common stock. The option is subject to vesting and represents a significant portion of Mr. Clinton's total compensation.

About Multimedia Games

Multimedia Games is a leading developer and supplier of comprehensive systems, content, electronic games and player terminals for the Native American gaming market, as well as for the casino, charity and international bingo, video lottery, and sweepstakes markets. The Company's ongoing development and marketing efforts focus on gaming systems and products for use by Native American tribes throughout the United States, the commercial casino market, video lottery systems and other products for domestic and international lotteries, and products for charity and international bingo and emerging markets, including sweepstakes, promotional, amusement with prize, and coupon gaming opportunities. Additional information may be found at www.multimediagames.com.

Cautionary Language

This press release contains forward-looking statements based on Multimedia's current expectations. The words "will," "expect," "believe" and similar words and phrases as they relate to Multimedia and its products and markets are intended to identify such forward-looking statements. These forward-looking statements reflect the current views and assumptions of Multimedia, and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. These risks and uncertainties include, but are not limited to, the risk that new management may have difficulty identifying or executing strategies to improve our operating results. Other important risks and uncertainties that may affect the Company's business are detailed from time to time in the "Certain Risks" and "Risk Factors" sections and elsewhere in Multimedia's filings with the Securities and Exchange Commission. Multimedia disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Send this news item to a friend.

Print This Page