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Western Canada Lottery picks GTECH9 July 2007PROVIDENCE, Rhode Island -- (PRESS RELEASE) -- GTECH Corporation, a wholly-owned subsidiary of Lottomatica S.p.A., announced that it has signed an agreement to supply new Altura(R) lottery terminals to Western Canada Lottery Corporation (WCLC). This product sale is the result of a successful Altura pilot program that was implemented during the summer of 2006. "We are continuously looking for ways to assist our lottery customers in increasing sales," said W. Bruce Turner, GTECH and Lottomatica S.p.A. CEO. "Altura's open systems solution will allow WCLC to adopt new technology while ensuring high reliability and low operating costs. We are certainly grateful for WCLC's continued confidence in GTECH, and in our products and services." Under the terms of the product sale agreement, GTECH will provide WCLC with approximately 4,750 Altura terminals, replacing existing terminals already in the field. Delivery will take place during the summer of 2007, with installation beginning in the fall of 2007. WCLC has been a valued GTECH customer since 1982. With respect to its agreement with WCLC, GTECH expects to receive approximately US $14 million in revenue during fiscal 2007. GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. Lottomatica is one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry. GTECH and Lottomatica together create a fully integrated lottery operator and gaming technology solutions provider - a combined company with worldwide scale, considerable financial strength, and industry-leading customer solutions. Lottomatica is majority owned by De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2006, had approximately euro 1.7 billion in revenues and 6,000 employees in over 50 countries when combined with GTECH. |