GTECH Introduces the 'Dynamic Floor Management' System in Casino Markets at G2E
September 14 2005 - 5:15PM
PR Newswire (US)
WEST GREENWICH, R.I., Sept. 14 /PRNewswire-FirstCall/ -- GTECH
Holdings Corporation (NYSE:GTK) today announced that its
wholly-owned subsidiaries, GTECH Corporation and Spielo, are
featuring a live demonstration of the "Dynamic Floor Management"
system at the Global Gaming Expo (G2E), which allows operators to
select the game, denomination, and mode of play for a single
machine or a group of machines. The "Dynamic Floor Management"
system will modify the game attributes by having a server send
commands or content to an electronic gaming device. This will allow
casinos to better serve the customer's needs based on the time of
day or the type of players they are expecting, and will enhance the
utilization of floor space to help maximize revenues. GTECH has
used this functionality for many years in lottery markets, and is
now in a position to leverage its extensive system experience to
develop new solutions and respond to market requirements for the
casino industry. "Recently, Svenska Spel, a Swedish lottery, placed
an order for 2,000 video lottery terminals from Spielo to use in
combination with the Dynamic Floor Management system. These VLTs
will enable games to be downloaded directly from GTECH's central
system," said GTECH Senior Vice President of Gaming Solutions Marc
A. Crisafulli. "This represents the powerful combination of Spielo
and GTECH resulting in products and services that are ahead of the
game," continued Mr. Crisafulli. 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 is a
leading gaming technology and services company. With more than
$1.25 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/. 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/
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