Posted on March 4, 2014 at 7:38 PM UTC
(March 4, 2014 – Vernon Hills, IL) Incredible Technologies (IT), an emerging Class III gaming manufacturer, is excited to announce that Jim Palermo has accepted a position within the organization as Vice President of Product Development. In this role, Palermo will oversee departments and teams vital to the creative execution of game design, production and mathematics. The company will also leverage his experience to provide executive strategy and insight in supporting their new platform rollout anticipated to come to market later this year.
Palermo brings 8 years of gaming experience from WMS Gaming, where he served in various roles including Senior Mathematician, Principle Game Strategist and Director of Product Performance and Insight. While at WMS, Palermo played an integral development role in some of their most successful products including the original Wizard of Oz™, The Lord of the Rings™ and Life of Luxury Progressive™. Palermo has previous experience as an options trader and has received dual Master’s Degrees in mathematics & business administration from Temple University in Philadelphia, PA.
Palermo is inspired by his recent transition to Incredible Technologies. He says “Walking into IT feels just like walking into WMS during their transformative years. There is this electric energy in the air, which is refreshing as we begin this new chapter together.” IT’s President & CEO, Elaine Hodgson, echoes Palermo’s sentiments. “Jim is not only bringing years of development experience to IT, he is also bringing a fresh perspective during a critical period in which our trajectory and momentum is building. The timing is impeccable and we are thrilled to watch Jim grow alongside the company.”
About Incredible Technologies
Incredible Technologies is an emerging Class-III casino gaming manufacturer licensed in 15 US states and Macau, focused on delivering compelling video slot content to the modern day casino floor. The company is located in the Chicago suburb of Vernon Hills, Illinois and specializes in the design and development of digital entertainment products for the on-premise amusement and casino gaming industries. Incredible Technologies is the largest manufacturer of coin-operated video games in the United States with its flagship product, Golden Tee® Golf, recognized as the most-successful pay-to-play video game in history.
Incredible Technologies is an associate member of the National Indian Gaming Association, Association of Gaming Equipment Manufacturers and is a certified Women's Business Enterprise.