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An SI Board Since October 1999
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Emcee:  Bill N. Type:  Unmoderated
<a href=/ccn/>CCN</a> ]</center><p><hr><table align=right border=2 cellpadding=2 cellspacing=0 hspace=5 vspace=5 bgcolor=dcdcdc><form action=><tr><td valign=top align=center width=180><!-- SpaceID=7811759 loc=E noad -->
<table border=0 cellspacing=0 width="100%"><tr><td colspan=3 width="100%"><table border=0 cellpadding=2 cellspacing=0 width="100%"><tr><td width="100%"><a href=""><font face=arial>Related Quotes</font></a></td><td align=right></td></tr></table></td></tr><tr><td valign=top width="40%"><nobr><small><a href="">CLSY.OB</a><br></small></nobr></td><td align=right valign=top width="30%"><nobr><small>1 19/32<br></small></nobr></td><td align=right valign=top width="30%"><nobr><small>+3/32<br></small></nobr></td></tr><tr><td colspan=3><small>delayed 20 mins - <a href=>disclaimer</a><br></small><input size=10 name=symbols><input type=submit value="Get Quotes"></td></tr></table></td></tr></form></table>Wednesday September 29, 8:45 am <small>Eastern Time</small><h3>Company Press Release</h3><h2>Coinless Systems Inc. Announces Agreement With Spirit Mountain Casino</h2><!--bw|938619900-->
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<p>LAS VEGAS--(BUSINESS WIRE)--Sept. 29, 1999--Coinless Systems
Inc. (OTC BB:CLSY) Wednesday announced that by April 2000, customers
at Spirit Mountain Casino will bid farewell to current video
lottery receipts and will joyfully welcome their revolutionary
replacement TickeTrak&reg;.
<p>TickeTrak&reg; is a bar-coded ticket printing device that attaches
to video lottery machines, replacing the machines' built-in receipt
Spirit Mountain Casino has agreed to purchase 1,200 of these
devices from Coinless Systems Inc. subject to licensing and other
<p>In addition to outfitting every video lottery machine with
TickeTrak&reg;, Spirit Mountain Casino will also be the initial
installation for Coinless Systems Inc.'s computerized ticket
accounting system.
This revolutionary system utilizes Ethernet
communications to a separate host computer which tallies the number of
tickets cashed by casino customers.
<p>Dennis Sorenson, president of Coinless Systems, said, ``Both CLSY
and Spirit Mountain Casino are excited about the implementation of
this innovative step into the future.
The purchase of 1,200
TickeTrak&reg; devices will generate 1.3 million dollars for Coinless
Systems Inc.'
<p>TickeTrak&reg; was developed as a solution to the cost of using
coins in gaming machines.
It facilitates coinless processing through
the use of bar-coded tickets.
The device is designed to print a
ticket upon a customer's request to cash out.
<p>Using a patent pending process, the ticket is verified for
accuracy before being presented to the player.
Customers are free to
cash out or use the tickets for continued play at other machines.
Tickets can be customized with greetings or individual casino
<p>In the United States, the casino industry is a $28 billion
business. Globally, over $1 trillion are wagered in casinos.
Currently, slot machines represent 83% of the average casino's gross
<p>``Approximately, 90% of the world's slot machines could be
retrofitted to use the TickeTrak&reg; system,' stated Sorenson.
<p>Safe Harbor for Forward-Looking Statements: Except for historical
information contained herein, the statements in this news release are
forward-looking statements that are made pursuant to the safe harbor
provisions of the Private Securities Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties, which may cause the company's actual results in the
future periods to differ materially from forecasted results.
<hr align=left width="20%" size=1 noshade>
<small><br clear=all>
     Coinless Systems Inc., Las Vegas
Dennis Sorenson, 800/773-8247

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