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GTECH Launches First Online Lotto Game in Colombia23 January 2001WEST GREENWICH, Rhode Island – (Press Release) -- GTECH (NYSE: GTK) today announced that it has launched the first online lotto game for Empresa Colombiana de Recursos para la Salud, S.A. (ECOSALUD), an agency of the federal government in Colombia which administers licensing for games of chance. ECOSALUD will eventually become Empresa Territorial para la Salud (ETESA). The sale of online lotto tickets began on January 17, 2001, with the first lottery draw expected to take place on January 27, 2001. "The start-up of the online lotto game in Colombia represents a successful conclusion to a long and complicated negotiation that was impacted by a reorganization of the lottery authority in Colombia," said GTECH chairman W. Bruce Turner. "We are confident that the online lotto game will become a reliable source of revenue for good causes in Colombia for many years to come." GTECH previously announced it had signed the contract with ECOSALUD in December 1999, however, as also announced, the scheduled start-up date was delayed due to several unforeseen political, legal, and administrative factors encountered by ECOSALUD. Under the terms of the ten-year facilities management contract, which may be extended by ECOSALUD for an additional five years, GTECH has installed and will maintain a secure online lottery network including central system hardware, software, and up to 5,000 Isys(TM) terminals. The Company will provide the communications network, using the Company's proprietary, secure radio communications technology. GTECH will also offer a variety of services including software support, operations management, communications management, and marketing services. GTECH will operate the Lottery from a data center and administrative office in Bogota, with regional offices initially in Cali, Medellin, and Barranquilla. Proceeds generated by the Lottery will be allocated to Colombia's health sector. GTECH Holdings Corporation is a leading global supplier of systems and services to the lottery and gaming industries. GTECH provides customized solutions to meet the needs of lotteries, governments and corporations on six continents. For more information about the Company, please visit GTECH's website at http://www.gtech.com. |