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Spielo to Showcase New Games and Products at the 2004 Global
Gaming Expo
WEST GREENWICH, R.I. and MONCTON, CANADA, Sept. 27 /PRNewswire-FirstCall/ --
For the first time, Spielo, a GTECH Company (NYSE:GTK), will exhibit new games
and products at the 2004 Global Gaming Expo (G2E) in Las Vegas, Nevada, October
5-7, 2004.
Spielo will display its latest multi-denomination and low-denomination games
for the Aura(R) upright and the newly introduced Aura slant top video slot
machines. With more than a decade of experience building high-quality video
gaming machines, Spielo has packed a wealth of expertise into the Aura product
line. Spielo has conducted extensive player and casino management research to
offer the latest in high-performance games and well-engineered slot machines.
"We anticipate our Gaming Solutions unit will play a key role in GTECH's growth
in the coming years," said GTECH President and CEO W. Bruce Turner. "Today, our
primary focus within Gaming Solutions is on expansion within the
government-sponsored video lottery terminal space. We intend to pursue new
opportunities domestically, as several U.S. states continue to move closer to
approving some type of video lottery terminal legislation. We are also
actively pursuing a number of video lottery opportunities abroad, such as
Europe and Latin America."
"Spielo is a vital element of GTECH's Gaming Solutions business unit. GTECH's
corporate experience and strengths combined with Spielo's gaming technology
provide a powerful partnership to the worldwide gaming market," said GTECH
Senior Vice President of Gaming Solutions Marc A. Crisafulli.
As commercial gaming continues to grow in the United States, Spielo is well
positioned to offer new and exciting Class III games. Spielo will showcase a
variety of its top-of-the-line games including more than 20 Class III titles,
many of which are a low denomination offering. Spielo will demonstrate five
central-determination win (CDW) games that have been successfully sold to
California tribal casinos as instant lottery products. The Company will also
display a variety of newly introduced casino titles as well as never before
seen games.
Spielo will be highly visible at the 2004 Global Gaming Expo as the exclusive
sponsor of the newly launched G2E Experience. The G2E Experience is a venue
within the conference that allows participants to view the New Product
Showcase, the Product Demo Theatre, the Cyber Café, and the Networking Lounge.
Come see the future of video gaming and slots at Spielo's booth # 5153.
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/