GTECH's Third Technology Center Earns Prestigious CMM Level Three Rating

GTECH's Third Technology Center Earns Prestigious CMM Level Three
Rating 


WEST GREENWICH, R.I., March 23  /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation (NYSE:GTK) today announced that its wholly-owned subsidiary, GTECH
Corporation, has earned the Software Engineering Institute (SEI) Software
Capability Maturity Model (CMM(R)) Level 3 rating for its Warsaw Technology
Center, located in Warsaw, Poland.  The Warsaw Technology Center joins GTECH
Technology Centers in Austin, Texas, and Chennai, India as CMM Maturity Level 3
certified for the Company's software engineering practices, representing a
major technological milestone for the Company.

"GTECH has solidified its position as the industry leader with this impressive
achievement," said GTECH President and CEO W. Bruce Turner.  "GTECH joins a
short list of prestigious global corporations who have successfully reached
Level 3 certification in three separate facilities in three geographic
locations.  The amount of dedication required to embrace this type of process
change across organizations and continents is significant.

"Customer service is GTECH's top priority and the CMM Level 3 certification
process has resulted in significant improvements to the Company's business
efforts," continued Mr. Turner.  "GTECH has realized numerous cost
efficiencies, quality improvements, improved employee morale and, most
importantly, improved customer satisfaction as a result of our CMM initiative. 
Without question, these improvements have proven to be a competitive
differentiator."

The SEI ratings are comprised of five maturity levels and are an indication of
an organization's commitment to providing an organized and managed approach to
software development.  GTECH's CMM Level 3 maturity was confirmed through an
independent assessment led by the Systems and Software Consortium, Inc. (SSCI),
a nonprofit organization of industry, government, and academia focused on
helping its members advance the business performance of their systems and
software engineering practices.

CMM Level 3 maturity demonstrates that GTECH has implemented and documented a
standard process for creating and maintaining software, and reflects GTECH's
ability to consistently apply software engineering and management practices
across its IT project portfolio.  Although it was not necessary for Austin and
Chennai to be reassessed for Level 3 maturity, GTECH requested the reassessment
to confirm that the Company sustained its maturity level across all Technology
Centers while integrating the Warsaw service team into its processes.

Established in 1986 at Carnegie Mellon University, the SEI Capability Maturity
Model assists many government agencies and private sector organizations in
selecting reliable and high quality suppliers of software products and
services.

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,

[phone]



Web site:  http://www.gtech.com/

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