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GTK Gtech

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Share Name Share Symbol Market Type
Gtech NYSE:GTK NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

GTECH Ireland Named One of the 50 Best Companies to Work for in Ireland

28/02/2005 9:40pm

PR Newswire (US)


Gtech (NYSE:GTK)
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GTECH Ireland Named One of the 50 Best Companies to Work for in Ireland WEST GREENWICH, R.I., Feb. 28 /PRNewswire-FirstCall/ -- GTECH Holdings Corporation (NYSE:GTK) today announced that its wholly-owned subsidiary, GTECH Ireland Operations Ltd., has been named one of the 50 Best Companies to Work for in Ireland by The Great Place to Work Institute of Ireland. "We are extremely honored to be chosen as one of the best places to work in Ireland," said Jacinta Kielty, Account General Manager of GTECH Ireland. "In a great workplace, employees take pleasure in their work, and in the people they work with, in a deep and lasting way. We aim to provide a dynamic and innovative workplace for our employees and an environment that fosters dignity, pride, and satisfaction. Our place on this list is a clear indication from our employees that we are succeeding in our efforts." The Best Companies study is a comprehensive annual survey that identifies and recognizes the finest employers and the most satisfied employees in Ireland and throughout the European Union (EU). More than 4,000 Irish organizations are eligible to participate, including private firms, the state sector, and non-profit organizations. Participation in the study involves a two-stage evaluation process using an employee survey and a questionnaire which looks at corporate culture. The survey consists of more than 50 statements that cover credibility, respect, fairness, pride, and camaraderie. This year, over 100 companies with more than 90,000 employees were evaluated. The most important factor in selecting companies for this list is what employees have to say about their workplaces. "Your organization is one of a group of 50 who have demonstrated exceptional commitment to attitudes and policies that make your organization a great place to work. By promoting best practice in the workplace, you contribute to the development of national competitiveness and help to realize Ireland's broader economic and social objectives," said Mr. Michael Martin, TD, Minister for Enterprise, Trade, and Employment. Other companies named to the list include McDonalds Restaurants of Ireland, GlaxoSmithKline Ireland Commercial, PepsiCo Ireland, Xerox Europe Limited, and Microsoft Ireland. Certain statements contained in this press release are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company identifies forward looking statements by words such as "may," "will," "should," "could," "expect," "plan," "anticipate," "intend," "believe," "estimate," "continue," or similar words that refer to the future. Such statements include, without limitation, statements relating to the prospects and financial outlook for the Company, which reflect management assumptions regarding: (i) the future prospects for and stability of the lottery industry and other businesses in which the Company is engaged or expects to be engaged, (ii) the future operating and financial performance of the Company (including, without limitation, expected future growth in revenues, profit margins and earnings per share), and (iii) the ability of the Company to retain existing business and to obtain and retain new business. Such forward looking statements reflect management's assessment based on information currently available, but are not guarantees and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in the forward looking statements. These risks and uncertainties include, but are not limited to, those set forth above, in the Company's subsequent press releases and on reports by the Company on Forms 10-K, 10-Q and 8-K, and other reports and filings with the Securities and Exchange Commission, as well as risks and uncertainties respecting: (i) the potential impact of extensive and evolving government regulations upon the Company's business; (ii) the ability of the Company to continue to retain and extend its existing contracts and win new contracts; (iii) the possibility of slower than expected growth or declines in sales of lottery and gaming goods and services by the Company or the Company's customers; (iv) exposure to foreign currency fluctuations; (v) risks and uncertainties inherent in doing business in foreign jurisdictions; (vi) the relatively large percentage of the Company's revenues attributable to a relatively small number of the Company's customers; (vii) the possibility of significant fluctuation of quarterly operating results; (viii) the intensity of competition in the lottery and gaming industries; (ix) the possibility of substantial penalties under and/or termination of the Company's contracts; (x) the ability of the Company to respond to technological change and to satisfy the future technological demands of its customers; (xi) opposition to expansion of lottery and gaming; (xii) the Company's ability to attract and retain key employees; and (xiii) the possibility of adverse determinations in pending legal proceedings. GTECH, a leading global information technology company with over $1 billion in revenues and more than 5,400 people in over 50 countries, provides software, networks, and professional services that power high-performance, transaction processing solutions. The Company's core market is the lottery industry, with a growing presence in commercial gaming technology and financial services transaction processing. For more information about the Company, please visit GTECH's website at http://www.gtech.com/. Contact: Robert K. Vincent Public Affairs GTECH Corporation 401-392-7452 DATASOURCE: GTECH Holdings Corporation CONTACT: Robert K. Vincent, Public Affairs of GTECH Corporation, +1-401-392-7452 Web site: http://www.gtech.com/

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