Taglich Brothers Initiates Galaxy Gaming, Inc.

NEW YORK, NY -- (MARKET WIRE) -- 03/07/11 -- Taglich Brothers, Inc. announces that it has initiated coverage of Galaxy Gaming, Inc. (OTCBB: GLXZ).

Galaxy Gaming, headquartered in Las Vegas, Nevada, is a technology-based developer of proprietary casino table games and electronically enhanced products. The company licenses and/or leases products and game content to land-based and cruise ship casinos in the continental US and internationally and holds the 2nd leading position in the US for table game placements. Through its TableMAX Division, it sells electronic table game systems.

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Taglich Brothers, Inc. is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. All research issued by Taglich Brothers, Inc. is based on public information. As of the date of this report, we, our affiliates, any officer, director or stockholder, or any member of their families do not have a position in the stock of the company mentioned in this report. Taglich Brothers, Inc. does not currently have an Investment Banking relationship with the company mentioned in this report and was not a manager or co-manager of any offering for the company with in the last three years. All research issued by Taglich Brothers, Inc. is based on public information. The company prepaid for the first three months of distribution a total of $6,000 (USD) on December 2010, and will pay beginning June 2011 a monthly monetary fee of $2,000 (USD) to Taglich Brothers, Inc. for the creation and dissemination of research reports.

Contact:
Rick Oh
Taglich Brothers, Inc.
631-757-1500

Source: Galaxy Gaming, Inc.

Released March 7, 2011