Under the agreement, Incredible Technologies can offer games including patented game features from the IGT portfolio, and will pay licensing fees to IGT.
"Incredible Technologies attributes our record growth to one simple thing: making great games," said Dan Schrementi, Incredible Technologies' Vice President of Gaming Sales & Marketing. "This agreement with IGT allows us to remain focused on that mission while continuing to design new and innovative gameplay features our customers have come to expect."
"We
are pleased to extend the positive impact of IGT innovation through this cross-licensing
agreement with Incredible Technologies," said Michael Prescott, IGT Senior
Vice President and General Counsel, North America Gaming & Interactive.
"By leveraging IGT's industry-leading R&D investment to benefit other
game manufacturers, we reinforce our commitments to protecting intellectual
property and fostering industry growth," Prescott added.
Source: GMB