announces that the Illinois Video Gaming Terminal (VGT) central communications system contract has been awarded and signed by the Illinois Gaming Board following a competitive procurement process.  Wells Gardner's wholly owned subsidiary American Gaming & Electronics (AG&E) is a distributor for the VGT business in Illinois.

"This contract signing means the first deployment of VGTs into the Illinois market could occur in the third quarter 2012," said Michael Rudowicz, American Gaming & Electronics' Executive Vice President, Illinois VGT business.

"We anticipate that AG&E will contribute sales of between $75 and $90 million and earnings before tax of between $5.0 and $7.0 million over the first 4 years after the deployment of the first VGTs into Illinois," noted Anthony Spier, Wells Gardner's Chairman and Chief Executive Officer. "We are excited to be participating in this business."

Founded in 1925, Wells-Gardner Electronics Corporation is a distributor and manufacturer of color video monitors and other related distribution products for a variety of markets including, but not limited to, gaming machine manufacturers, casinos, coin-operated video game manufacturers and other display integrators. The Company has most of its LCD monitors manufactured in Mainland China.  In addition, the Company's American Gaming & Electronics, Inc. subsidiary ("AGE"), a leading parts distributor to the gaming markets, sells parts and services to over 700 casinos in North America with offices in Nevada, New Jersey, Florida and Illinois.  AGE also is a licensed distributor of video gaming terminals in Illinois.

This press release contains forward-looking statements within the meaning of the federal securities laws.  Those statements include statements regarding the intent, belief or expectations of the Company and its management.  Readers are cautioned that the forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those expressed in any forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, development of competing technologies, availability of adequate credit, interruption or loss of supply from key suppliers, increased competition, the regulatory process and regulatory and legislative changes affecting the gaming industry.  Wells-Gardner assumes no obligation to update the information contained in this release to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. For additional investor information, please contact Jim Brace-Wells Gardner at (708) 290-2120 or Alan Woinski-Gaming USA Corporation at (201) 599-8484.


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