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GTECH, Medstroms AB report cash offer

Under the terms of the offer, GTECH and Medstroms, through a jointly-owned bid vehicle, will offer SEK 19.00 (euro 2.0) in cash per outstanding share. In accordance with Swedish law, the offer has no financing contingencies. GTECH expects to fund the GTECH portion of the transaction from existing cash balances. On a cash and debt free basis, the offer will have an enterprise value of SEK 937 million (euro 99 million). The acceptance period is expected to commence on February 7, 2008, and end on February 27, 2008. The cash settlement is expected to commence on March 6, 2008.

GTECH President and CEO Jaymin B. Patel said, "The acquisition of Boss Media is an important element of GTECH's growth strategy. At the same time, we view ourselves as being the perfect partner for Boss Media in accelerating the roll-out of their cutting-edge systems for internet-based gaming, as we can offer a global market presence and a customer base consisting of a significant portion of Boss Media's targeted leads."

Medstroms CFO Jan Westholm said, "When combined with GTECH, Boss Media will be afforded access to World Lottery Association (WLA) customers in all parts of the world, which we believe will facilitate a faster roll-out of Boss Media's products and services on a global scale. Medstroms participated in the founding of Boss Media in 1997, and has been supporting the company as its largest shareholder since that time. We view this transaction as the optimal way forward for Boss Media, and we want to continue to contribute to their future growth in a privately-held environment."

Boss Media has built a solid reputation in the interactive gaming industry for its reliable high-quality products and services. With headquarters in Vaxjo, Sweden, Boss Media has been a member of WLA since 2002, with 2007 annual revenues of SEK 312 million (euro 33 million at December 31, 2007 exchange rates), and a market capitalization of SEK 862 million (euro 91 million) as of January 31, 2008.

Following a successful public offering, Boss Media would be maintained as a separate business unit within GTECH, and GTECH will continue to invest further in the development of Boss Media's business and capabilities.

Conditions of the Offer

Completion of the offer is conditional upon it being accepted to such extent that GTECH and Medstroms become the joint owners of more than 90 percent of the total number of shares and votes in Boss Media, on a fully- diluted basis; no other party publicly announcing an offer to acquire shares in Boss Media on terms more favorable for the shareholders in Boss Media than the terms under the GTECH/Medstroms offer; and other routine licensing and closing conditions.

GTECH and Medstroms reserve the right to withdraw the offer in the event that it is clear that any of the closing conditions are not fulfilled or cannot be fulfilled.

GTECH and Medstroms also reserve the right to extend the subscription period and to delay the date of the cash settlement. The offer document will be distributed to the shareholders of Boss Media in connection with it being made public.

The offer is subject to the approval of competition authorities. Provided that each respective authority handles the processes according to plan, such approval is expected to be granted on or around March 25, 2008.

The offer shall be governed by and construed in accordance with the laws of Sweden. The rules of the Stockholm Stock Exchange regarding public takeovers on the stock market (the "Takeover Rules") and the statements of the Swedish Securities Council regarding interpretation and application of the Takeover Rules as well as the rules of the Swedish Industry and Commerce Stock Exchange Committee (Sw. Naringslivets Borskommitte) on public takeovers shall, where applicable, apply in relation to the offer. Furthermore, GTECH and Medstroms have, in accordance with the Swedish Act on Public Takeovers on the Stock Market, contractually undertaken to OMX to comply with said rules and statements and to submit to any sanctions imposed by OMX upon breach of the Takeover Rules. A corresponding undertaking is hereby made to the shareholders of Boss Media.

Any dispute regarding the offer, or which arises in connection therewith, shall be exclusively settled by the Swedish courts, and the City Court of Stockholm (Sw. Stockholms tingsratt) shall be the court of first instance. Further detailed information regarding the offer may be obtained at emed.se.

The Offer is not being made (nor will any tender of shares be accepted from or on behalf of holders) in any jurisdiction in which the making of the Offer or the acceptance of any tender of shares therein would not be made in compliance with the laws of such jurisdiction. The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan, South Africa, or the United States of America.

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