GTECH Ireland Named One of the 50 Best Companies to Work for in Ireland
February 28 2005 - 4:40PM
PR Newswire (US)
GTECH Ireland Named One of the 50 Best Companies to Work for in
Ireland WEST GREENWICH, R.I., Feb. 28 /PRNewswire-FirstCall/ --
GTECH Holdings Corporation (NYSE:GTK) today announced that its
wholly-owned subsidiary, GTECH Ireland Operations Ltd., has been
named one of the 50 Best Companies to Work for in Ireland by The
Great Place to Work Institute of Ireland. "We are extremely honored
to be chosen as one of the best places to work in Ireland," said
Jacinta Kielty, Account General Manager of GTECH Ireland. "In a
great workplace, employees take pleasure in their work, and in the
people they work with, in a deep and lasting way. We aim to provide
a dynamic and innovative workplace for our employees and an
environment that fosters dignity, pride, and satisfaction. Our
place on this list is a clear indication from our employees that we
are succeeding in our efforts." The Best Companies study is a
comprehensive annual survey that identifies and recognizes the
finest employers and the most satisfied employees in Ireland and
throughout the European Union (EU). More than 4,000 Irish
organizations are eligible to participate, including private firms,
the state sector, and non-profit organizations. Participation in
the study involves a two-stage evaluation process using an employee
survey and a questionnaire which looks at corporate culture. The
survey consists of more than 50 statements that cover credibility,
respect, fairness, pride, and camaraderie. This year, over 100
companies with more than 90,000 employees were evaluated. The most
important factor in selecting companies for this list is what
employees have to say about their workplaces. "Your organization is
one of a group of 50 who have demonstrated exceptional commitment
to attitudes and policies that make your organization a great place
to work. By promoting best practice in the workplace, you
contribute to the development of national competitiveness and help
to realize Ireland's broader economic and social objectives," said
Mr. Michael Martin, TD, Minister for Enterprise, Trade, and
Employment. Other companies named to the list include McDonalds
Restaurants of Ireland, GlaxoSmithKline Ireland Commercial, PepsiCo
Ireland, Xerox Europe Limited, and Microsoft Ireland. 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, +1-401-392-7452 Web site:
http://www.gtech.com/
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