GTECH to Showcase GamePoint(TM) at NASPL Conference in Quebec
September 27 2004 - 9:50AM
PR Newswire (US)
GTECH to Showcase GamePoint(TM) at NASPL Conference in Quebec
Company's First Combined Instant and Online Self-Service Dispensing
Machine Establishes New Standards in Self-Service Lottery WEST
GREENWICH, R.I., Sept. 27 /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation (NYSE:GTK) today announced that it will feature its new
GamePoint(TM) self-service lottery solution at the North American
Association of State and Provincial Lotteries (NASPL) Fall
Conference and Trade Show in Quebec City, Quebec, on October 5 - 9,
2004. GamePoint, with its unique instant and online ticket
dispensing technologies, is the product of GTECH's recent
acquisition of instant-ticket vending machine supplier, Interlott.
The new GamePoint terminal combines Interlott's instant ticket
dispensing technology with GTECH's online lottery ticket
distribution and sales. "We are excited about the opportunity to
demonstrate to our lottery customers and prospective customers the
unique value of GamePoint," said GTECH Vice President of Corporate
Marketing Chris Lyons. "We have established a new standard for
instant ticket and online lottery sales through a one-stop self-
service terminal. GamePoint provides players with an attractive,
easy-to-use, in-store alternative for the sale of instant and
online tickets, and provides growth opportunities for lotteries to
expand their retail distribution to new locations." The instant
ticket functionality of the GamePoint terminal offers brightly-lit
push buttons which feature actual ticket facings that have become
the foundation of Interlott's global leadership in instant ticket
self-service dispensing. The emphasis on easy-to-read and
easy-to-access ticket facings featured in GamePoint is based on the
more than 28,000 instant ticket self- service installations
deployed by Interlott. The instant ticket functionality of
GamePoint also features the patented Quad Burster(TM) ticket
dispensing technology -- the industry's most reliable method for
dispensing instant tickets. GamePoint's built-in online ticket
self-service functionality is based on GTECH's highly-successful
Altura(R) terminal, the industry's most successful and easy-to-use
touch screen. With an Altura built into the cabinet, it allows
players to easily navigate their online ticket purchases, while at
the same time providing the retailer and the lottery with proven,
built-in security and reporting functionality. The new GamePoint
terminal will be available for display and demonstration in the
GTECH booth #49 on the NASPL show floor. 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/
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