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SINGAPORE POOLS (PRIVATE) LTD. NOTIFIES GTECH OF INTENT TO AWARD CONTRACT FOR 1,050 ALTURA® TERMINALS AND RELATED SERVICES
WEST GREENWICH, RI - (November 15 , 2006) - GTECH Corporation, a wholly-owned subsidiary of Lottomatica S.p.A., has been notified by Singapore Pools (Private) Ltd. of its intent to award the Company a product sale agreement for new online lottery terminals.
"Singapore Pools carefully analyzed the technology solutions of multiple industry vendors and conducted a rigorous Request for Proposals review over a period of six months," said W. Bruce Turner, GTECH President & CEO and Lottomatica S.p.A. CEO. "We are proud and honored that the Altura has been selected as the preferred terminal."
Upon successful completion of the sale agreement, GTECH will replace Singapore's existing terminal base with 1,050 Altura® online lottery terminals. In addition, GTECH will continue to provide Singapore Pools with hardware and software maintenance and repair services for a term of five years.
Singapore Pools has been a valued GTECH customer since 1985 when the Company was chosen to provide the very first online lottery-specific system in Asia.
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 the De Agostini Group, a century-old publishing, media, and financial services company. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in FY 2005, had more than € 1.6 billion in revenues and 6,300 employees in over 50 countries when combined with GTECH.
