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MEI Announces the Hire of Eric Fisher as Vice President-Gaming-Americas

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WEST CHESTER, PA., August 6, 2007

MEI, a leading supplier of currency acceptors used worldwide in the casino gaming, retail, and transportation industries, announces the addition of Eric Fisher as their Vice President of Gaming in the Americas. In this role, Fisher will be responsible for focusing on route to market, customers, technical support, and product portfolio requirements. Fisher will operate out of MEI’s newest location, the MEI Las Vegas office in NV.

Mr. Fisher has over 22 years of gaming experience, including roles in marketing, sales, and general management in gaming operations, casino product manufacturers, and table game solutions. Fisher most recently held the role of VP of Sales for Progressive Gaming International (formally Mikhon Gaming), General Manager of Coolsign Media, and CEO of Gamex. He has also been a panelist at many gaming events, including G2E, Canadian Gaming Summit and CasinoFest. Fisher’s former positions are very appropriate to his new role because of his knowledge and experience in the gaming industry will aid MEI continuing with its double-digit sales growth.

Fisher lives in Las Vegas, NV with his wife and four children. He is an Ohio State Alumni who involves himself in the community through coaching little league baseball and youth football teams. Eric Fisher is very excited about joining the MEI team: "I have always admired the MEI organization, its superior product line and their commitment to their customers and I'm excited to join the team. Our recent acquisition and stronger presence in Las Vegas will allow us to better serve the casino industry and work closer with our customers as we launch new products designed to be more efficient to the operators while enhancing the player experience." Tom Nugent, MEI’s EVP of Gaming commented on the addition to the team: "It took us quite some time to find a person of Eric's caliber to join our team. His extensive background in the gaming business will bring both knowledge and leadership to improving our service and relationship with our customers. With Eric's launch and our recent acquisition in the Las Vegas area, the realization of a Las Vegas office formed, to service our customers in the heart of the industry."

About MEI

Today, MEI systems are relied upon for more than 1 billion transactions per week in 90 countries. The company developed the first electronic coin mechanism in the 1960’s followed by the first electronic non-contact bill acceptor, and more recently its vending management system. Today MEI has the largest worldwide installed base of unattended payment mechanisms. In 2004, MEI reached a milestone of selling more than 3.5 million bill acceptors, 4.5 million coin mechanisms and 1 million control boards worldwide. Its products are in widespread use in the vending, soft drink, gaming, amusement, transportation, retail, an kiosk markets. For more information on MEI and its products, visit www.meigroup.com or call 1-800-345-8215.

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