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GTECH Appoints New Director25 January 2005WEST GREENWICH, Rhode Island – (PRESS RELEASE) -- GTECH Holdings Corporation (NYSE: GTK) announced today that Paget L. Alves has been appointed to serve as a director on the Company's Board of Directors. In connection with the appointment, the Company also announced that the size of its Board of Directors has been increased from eight members to nine members. Mr. Alves will be nominated for election to GTECH's Board of Directors at the Company's 2005 Annual Shareholders' Meeting. "Paget brings more than 20 years of telecommunications industry leadership, and operational, financial, strategic, and public company expertise to GTECH's Board of Directors," said Robert M. Dewey, Jr., GTECH Board Chairman. "His vast experience and independent perspective will clearly benefit GTECH as we continue to build the Company for the future." Over the past several years, Mr. Alves has served in senior leadership capacities for a variety of telecommunications/technology companies including Sprint, PointOne Telecommunications, Centennial Communications, Murata Business Systems, and IBM. Mr. Alves currently serves as President of Strategic Markets, a business unit of the Sprint Business Solutions division, with responsibility for Sprint's 100 largest business customers, systems integrators, international customers, access and wholesale carriers, and cable ventures. Mr. Alves holds both a Bachelor of Science degree in industrial and labor relations from Cornell University and a Doctor of Jurisprudence from the Cornell Law School. |