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NRT and Sightline Announce Exclusive Agreement with Kony to Create the Next Generation Digital Platform for the Resort Casino Industry

Del

Kony's AppPlatform, combined with NRT and Sightline's Respective Technology Offerings, Will Lead the Casino Market Digital Transformation

LAS VEGAS, Oct. 02, 2017 (GLOBE NEWSWIRE) -- NRT Technology Corp. ("NRT") a leading provider of integrated ticket redemption and payment services to global casino operators, and Sightline Payments ("Sightline"), developers of the disruptive Play+ platform that's powering the next generation of cashless and mobile gaming payment solutions, announced today an exclusive agreement with Kony, Inc., the leading enterprise mobility and digital applications company. This combination creates an all-in-one, fully native app that will serve as the foundation platform for all casino operator omni-channel products and services, further reinforcing NRT and Sightline's mutual "Connecting the Guest Experience(TM)" strategy for a worldwide integrated resort casino industry.

"The collaboration with NRT and Sightline will ensure that their casino customers have access to the most advanced digital experiences available today," said Nate Bruce, Business Development & Alliances, Kony, Inc. "The Kony digital AppPlatform is designed to support all of the digital experiences that a casino guest could ever need and demand, today and in the future."

John Dominelli, CEO of NRT, said, "More casino operators are realizing the importance of mobile apps, but are also discovering that deploying, managing, and enabling apps for next generation products and services can be a very painful and unfulfilling endeavor. The gaming industry is filled with suppliers whose mobile systems don't integrate with one another, causing friction and disconnect between operators and their guests.  It is this 'broken' mishmash of mobile systems that Kony, NRT and Sightline have collectively addressed."

Casinos will for the first time have an enterprise mobile platform that will Connect the Guest Experience(TM) for loyalty, commerce, hospitality and gaming experiences.  

"Casino enterprises recognize the importance of a mobile experience for their guests," said Kirk Sanford, Chief Executive Officer of Sightline Payments.  "Unfortunately operators are faced with challenges around user experiences, costs, disparate systems, and management of their app which is stifling their ability to innovate. We think the timing couldn't be better to announce this deal with Kony because operators know that if they fail to innovate quickly they will become irrelevant in this digital era."

Kony's digital AppPlatform and NRT and Sightline's respective technology enhancements will integrate the following:

  • Property information portals and dynamic advertisement engagement
  • Physical and digital payment methods and resort wallets
  • Numerous forms of physical and mobile gaming
  • Social gaming
  • Cardless player loyalty
  • Casino Management Systems
  • Hospitality point of sale and property management systems
  • Experiential features like geofencing, chat bots for voice navigation, facial recognition, beacons, augmented reality, and in-app video for face-to-face experiences

About NRT Sightline

On September 20, 2017, NRT Technology Corp and Sightline Payments announced a merger. Following the closing of the transaction, which remains subject to regulatory approvals, Sightline's CEO and Founder, Kirk Sanford, will assume the role of President and CEO of the combined entity, which will be named NRT Sightline.  NRT's current Founder, President and CEO, John Dominelli, will become Chairman and CTO of NRT Sightline.

Upon regulatory approval and final closing, NRT Sightline(TM) will be the global leader in the design and development of enterprise platforms for the casino industry. Every year NRT and Sightline collectively enable more than 1 billion physical and digital commerce experiences at over 600 casino properties worldwide.  By seamlessly combining technological innovation with strategic partnerships, our companies create the most convenient, reliable, and secure omni-channel payment ecosystems for casino operators and their guests. Our companies have been recognized with numerous industry awards, including the coveted "Most Innovative Gaming Technology Product of the Year" for the Play+(TM) cloud-based cashless funding platform.  Our solutions are used by casinos, lotteries, race and sports, banking & retailers around the world. We operate across 7 countries and have corporate offices in Las Vegas, Toronto, Macau, and Singapore.

About Kony, Inc.

Kony is the fastest growing, cloud-based enterprise application and mobility solutions company, and a recognized industry leader among mobile application development platform (MADP) providers. Kony helps organizations of all sizes drive business ingenuity by rapidly transforming ideas into innovative and secure omni-channel applications. Built on the industry's leading digital platform, Kony provides the most innovative and secure omni-channel applications, with exceptional user experience and app design. Kony's cross-platform, low-code solution also empowers organizations to develop and manage their own apps to better engage with their customers, partners and employees. By seamlessly leveraging and connecting apps to all types of data sources and information, Kony also enables organizations to transform their business processes and gain valuable insight.  Kony was named the first-place winner in CTIA's MobITs Awards in the Mobile Applications, Development & Platforms category and included on the Inc. 500|5000 list of fastest growing private companies in America.

Media Contacts:

Michael Dominelli
VP of Product & Marketing 
mdominelli@nrttech.com 
1(866) 646-5232 x4248 

Kony Media Relations Contact:

Jean Kondo
510-823-4728
jean.kondo@kony.com 




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NRT Sightline via Globenewswire

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