NEWave Continues Success With New Installation of myCageOperations(TM) Check Prove(TM) Solution at Jerry's Nugget Casino


LAS VEGAS, NV--(Marketwire - May 24, 2011) - NEWave recently unveiled its incredible new myCageOperations™ Check Prove™ solution, and already the company has signed multiple deals for the new software, the latest being Jerry's Nugget Casino in North Las Vegas.

"We have been using NEWave's software in other areas of the casino for many years, and we have been very happy with the results," said Joseph Stamis, owner of Jerry's Nugget. "Check-cashing promotions are significant to our operations and a convenience our guests expect us to provide. Now with NEWave's Check Prove software, we can confidently cash checks knowing that we have additional data and expertise behind us, protecting us from potential fraud."

"We are thrilled with the immediate and widespread traction the Check Prove solution is getting. As soon as we began discussing the software with clients, they understood the incredible value and protection it brings," said NEWave CEO and CTO Bart Lewin.

The Check Prove software is part of NEWave's myCageOperations™ suite and helps to guard a casino against a wide range of fraud including counterfeits, NSF, closed accounts and stolen checks. Check Prove uses a huge data warehouse that instantly assists casinos to verify the checks received (and the patron's ID) against a host of collected data and images. Check Prove ties existing and future clients together, centralizing all gathered data together in a massive data warehouse, so that when a check is presented, it is instantly compared against millions of bits of data, resulting in a reduction in counterfeits, NSF, closed account and other types of fraud for all properties. Additionally, all derogatory information that is gathered is posted and seen immediately for both the payroll company and the patron.

Check Prove is a part of NEWave's myCageOperations suite, a robust computerized back office system, that also makes cash drawer countdown audits a breeze, and is a powerful tool for payroll check cashing and electronic check depositing. myCageOperations delivers fast check cashing, minimized loss from counterfeit and efficient electronic deposits and check image archiving.

NEWave and its clients are creating innovative solutions together. Founded in 1993, NEWave has more than 200 years of combined professional experience in the gaming and hospitality industry; indentifying, developing and deploying tools and strategies required to successfully manage information technology projects and organization. In addition, NEWave leads the industry in the development and implementation of gaming and hospitality software application and services that provide complete solutions for auditing functions, regulatory compliance and casino cage operations. For more information, please visit mynewave.com.

Contact Information:

Contact:
Paul Speirs
Steinbeck Communications
(702) 413-4278