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/