Progressive Gaming International Corporation (NASDAQ:PGIC) announced that it has received a Nasdaq staff deficiency letter dated October 6, 2008 indicating that, due to Terrance W. Oliver's resignation from the Audit Committee of the Company's Board of Directors effective September 24, 2008, the Company no longer complies with Nasdaq's audit committee requirements under Nasdaq Marketplace Rule 4350. Mr. Oliver resigned from the Audit Committee as a result of his appointment to interim President and CEO of the Company. In response to this letter, the Company appointed Peter G. Boynton as an Audit Committee member effective October 14, 2008.
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