GTK Gtech

WEST GREENWICH, R.I., June 29 /PRNewswire-FirstCall/ -- GTECH Holdings Corporation (NYSE:GTK) today announced that Ross Dalton has rejoined GTECH as Senior Vice President, Printed Products and Licensed Content Markets, reporting to GTECH President and CEO W. Bruce Turner. "Ross is a respected industry veteran and is known for his leadership skills and vast lottery expertise," said GTECH President and CEO W. Bruce Turner. "His return provides GTECH with a proven leader who will help the Company build a presence in the printed products market. "Our goal is to evolve GTECH into a preferred provider of strategic gaming content in the gaming industry," continued Mr. Turner. "Ross gives us the background and the vision to make this goal a reality." In this new role, Ross will define and direct the Company's strategic activities in the printed products, printed product content, and other non-traditional gaming markets. He will also manage GTECH's acquisition strategies surrounding the utilization of licensed properties across the Company's business portfolio. In addition, Ross will oversee GTECH's IGI Europrint subsidiary and help align its content development, sales, and marketing functions to leverage additional opportunities for GTECH's current and future customers worldwide. He will also integrate key actions across major areas within the organization to build the GTECH brand in the printed products market. Ross began his GTECH career in 1990 and held roles of increasing responsibility. As Regional Vice President -- Western U.S. Operations in 2004, he was responsible for sales and operations activities for 14 customer jurisdictions and in more than 10 emerging markets. He managed a staff of more than 1,000 data center and field service employees, and was responsible for the sale and deployment of several new products. Ross also held leadership positions in various functions within the Company, including sales/government relations and marketing services. Prior to joining GTECH, Ross led the marketing communications efforts for the Kansas Lottery as the Communications Manager. Most recently, Ross was a principle owner of Orchard Solutions Group of Atlanta, Georgia, and Austin, Texas, where he provided targeted leadership development programs to organizations, enabling them to better manage their most capable employees. Ross holds a Bachelor of Science degree in Broadcast Journalism from the University of Kansas. Certain statements contained in this press release are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company identifies forward looking statements by words such as "may," "will," "should," "could," "expect," "plan," "anticipate," "intend," "believe," "estimate," "continue," or similar words that refer to the future. Such statements include, without limitation, statements relating to the prospects and financial outlook for the Company, which reflect management assumptions regarding: (i) the future prospects for and stability of the lottery industry and other businesses in which the Company is engaged or expects to be engaged, (ii) the future operating and financial performance of the Company (including, without limitation, expected future growth in revenues, profit margins and earnings per share), and (iii) the ability of the Company to retain existing business and to obtain and retain new business. Such forward looking statements reflect management's assessment based on information currently available, but are not guarantees and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in the forward looking statements. These risks and uncertainties include, but are not limited to, those set forth above, in the Company's subsequent press releases and on reports by the Company on Forms 10-K, 10-Q and 8-K, and other reports and filings with the Securities and Exchange Commission, as well as risks and uncertainties respecting: (i) the potential impact of extensive and evolving government regulations upon the Company's business; (ii) the ability of the Company to continue to retain and extend its existing contracts and win new contracts; (iii) the possibility of slower than expected growth or declines in sales of lottery and gaming goods and services by the Company or the Company's customers; (iv) exposure to foreign currency fluctuations; (v) risks and uncertainties inherent in doing business in foreign jurisdictions; (vi) the relatively large percentage of the Company's revenues attributable to a relatively small number of the Company's customers; (vii) the possibility of significant fluctuation of quarterly operating results; (viii) the intensity of competition in the lottery and gaming industries; (ix) the possibility of substantial penalties under and/or termination of the Company's contracts; (x) the ability of the Company to respond to technological change and to satisfy the future technological demands of its customers; (xi) opposition to expansion of lottery and gaming; (xii) the Company's ability to attract and retain key employees; and (xiii) the possibility of adverse determinations in pending legal proceedings. GTECH is a leading gaming technology and services company. With more than $1.3 billion in annual revenues and 5,300 people in over 50 countries, GTECH provides integrated technology, creative content, and business services to effectively manage and grow today's evolving gaming markets. In targeted emerging economies, GTECH also leverages its operational presence and infrastructure to supply commercial transaction processing services. For more information about the Company, please visit GTECH's website at http://www.gtech.com/. Contact: Robert K. Vincent Public Affairs GTECH Corporation 401-392-7452 DATASOURCE: GTECH Holdings Corporation CONTACT: Robert K. Vincent, Public Affairs of GTECH Corporation, +1-401-392-7452 Web site: http://www.gtech.com/

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