Gtech (NYSE:GTK)
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GTECH to Showcase GamePoint(TM) at NASPL Conference in Quebec
Company's First Combined Instant and Online Self-Service Dispensing Machine
Establishes New Standards in Self-Service Lottery
WEST GREENWICH, R.I., Sept. 27 /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation (NYSE:GTK) today announced that it will feature its new
GamePoint(TM) self-service lottery solution at the North American Association
of State and Provincial Lotteries (NASPL) Fall Conference and Trade Show in
Quebec City, Quebec, on October 5 - 9, 2004.
GamePoint, with its unique instant and online ticket dispensing technologies,
is the product of GTECH's recent acquisition of instant-ticket vending machine
supplier, Interlott. The new GamePoint terminal combines Interlott's instant
ticket dispensing technology with GTECH's online lottery ticket distribution
and sales.
"We are excited about the opportunity to demonstrate to our lottery customers
and prospective customers the unique value of GamePoint," said GTECH Vice
President of Corporate Marketing Chris Lyons. "We have established a new
standard for instant ticket and online lottery sales through a one-stop self-
service terminal. GamePoint provides players with an attractive, easy-to-use,
in-store alternative for the sale of instant and online tickets, and provides
growth opportunities for lotteries to expand their retail distribution to new
locations."
The instant ticket functionality of the GamePoint terminal offers brightly-lit
push buttons which feature actual ticket facings that have become the
foundation of Interlott's global leadership in instant ticket self-service
dispensing. The emphasis on easy-to-read and easy-to-access ticket facings
featured in GamePoint is based on the more than 28,000 instant ticket self-
service installations deployed by Interlott. The instant ticket functionality
of GamePoint also features the patented Quad Burster(TM) ticket dispensing
technology -- the industry's most reliable method for dispensing instant
tickets.
GamePoint's built-in online ticket self-service functionality is based on
GTECH's highly-successful Altura(R) terminal, the industry's most successful
and easy-to-use touch screen. With an Altura built into the cabinet, it allows
players to easily navigate their online ticket purchases, while at the same
time providing the retailer and the lottery with proven, built-in security and
reporting functionality.
The new GamePoint terminal will be available for display and demonstration in
the GTECH booth #49 on the NASPL show floor.
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 5,500 people in 45 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/