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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 -

Hughes Delivers Additional 12,000 Broadband Satellite Terminals to GTECH Corporation

30/05/2006 2:00pm

PR Newswire (US)


Gtech (NYSE:GTK)
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Most Recent Contract Brings Total Number of Terminals Supplied to More Than 50,000 GERMANTOWN, Md., May 30 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite network solutions and services, today announced that it has recently completed delivery of an additional 12,000 broadband satellite terminals to GTECH Corporation (NYSE:GTK), the world's leading provider of lottery, gaming and transaction processing solutions under a contract valued at $17 million. This brings the total number of terminals provided by Hughes to more than 50,000, making this the largest private satellite enterprise network in the world. Hughes announced that it also has completed the installation of two additional hubs, for a total of eight hubs installed. According to Matthew Whalen, Vice President, Systems Engineering at GTECH, having the right broadband technology provider is critical to expanding the company's business. "Since we began working with Hughes in 2002, their satellite broadband solution has consistently provided our customers with the reliability, security and speed they require for critical lottery transactions," said Whalen. "The performance and scalability of the Hughes solution allows us to offer a variety of services to our customers now and into the future." "Hughes provides a reliable, secure, ubiquitous, and affordable broadband solution, enabling companies like GTECH to better meet the needs of their customers," said Mike Cook, Senior Vice President, Hughes. "As GTECH's business has grown, we are proud that they have elected to meet their customers' requirements by using Hughes as their broadband network supplier. It speaks well of the quality of our satellite solutions." About GTECH Corporation GTECH is a leading gaming technology and services company. With more than $1.3 billion in annual revenues and 5,300 people in over 50 countries, GTECH provides integrated technology, creative content, and business services to effectively manage and grow today's evolving gaming markets. In targeted emerging economies, GTECH also leverages its operational presence and infrastructure to supply commercial transaction processing services. For more information about the Company, please visit GTECH's website at http://www.gtech.com/. About Hughes Network Systems Hughes Network Systems, LLC (HUGHES) is the global leader in providing broadband satellite networks and services for large enterprises, governments, small businesses, and consumers. HughesNet encompasses all broadband solutions and managed services from Hughes, bridging the best of satellite and terrestrial technologies. To date, Hughes has shipped more than one million systems to customers in over 100 countries. Its broadband satellite products are based on the IPoS (IP over Satellite) global standard, approved by the TIA, ETSI, and ITU standards organizations. Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. Hughes is a wholly owned subsidiary of Hughes Communications, Inc. (OTC:HGCM) (BULLETIN BOARD: HGCM) . For additional information, please visit http://www.hughes.com/. HUGHES, HUGHESNET, and IPOS are trademarks of Hughes Network Systems, LLC. DATASOURCE: Hughes Network Systems, LLC CONTACT: Judy Blake of Hughes Network Systems, LLC, +1-301-601-7330, ; or Colleen Stroh of Brodeur, +1-202-775-2648, , for Hughes Network Systems, LLC Web site: http://www.hughes.com/ http://www.gtech.com/

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