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GTECH Provides Terminals for Spanish Organization for Blind8 June 2004WEST GREENWICH, Rhode Island – (PRESS RELEASE)-- GTECH Holdings Corporation (NYSE: GTK) today announced that Organizacion Nacional de Ciegos Espanoles (ONCE) has exercised an option in its existing agreement with GTECH for the provision of an additional 7,000 handheld lottery terminals. ONCE, also known as the Spanish National Organization for the Blind, is authorized by the Spanish government to administer lottery and wagering games in Spain. "Last year, GTECH collaborated with ONCE to bring their existing lottery activities online, and introduced a new handheld lottery terminal to the thousands of visually impaired retailers who sell lottery tickets," said GTECH President and CEO W. Bruce Turner. "We appreciate ONCE's continued confidence in GTECH's products and services. With this new order, ONCE's handheld terminal count is expected to rise to approximately 14,000 by the end of this year." ONCE, which provides employment to over 60,000 disabled people, many of whom are visually impaired, was the first GTECH customer to be connected to an online lottery system through the new, highly secure handheld lottery terminals. In 2002, GTECH teamed with Ingenico, the world leader in secure transaction payment and transaction systems, to deliver an innovative, secure handheld lottery terminal for the thousands of visually-impaired retailers in Spain. The Ingenico i8500 terminal integrates highly secure online transaction capabilities, with state-of-the-art GSM/GPRS wireless communications. The terminal also offers array imaging technology which allows retailers to scan previously-issued tickets, smart card and magnetic card readers, a receipt printer, and Text-to-Speech technology, combined in a compact, ergonomic, and durable package optimized to aid the visually-impaired ONCE lottery retailers. The Text-to-Speech technology reads and translates incoming messages into Spanish for the retailer, while the GSM/GPRS wireless communication permits the retailer to roam. With respect to this terminal sale with ONCE, GTECH expects to generate approximately $11 million in revenue. |