GTECH to Provide Overview of Business Strategy and Outlook at Deutsche Bank Hospitality and Gaming Conference
November 17 2003 - 9:14AM
PR Newswire (US)
GTECH to Provide Overview of Business Strategy and Outlook at
Deutsche Bank Hospitality and Gaming Conference WEST GREENWICH,
R.I., Nov. 17 /PRNewswire-FirstCall/ -- GTECH Holdings Corporation
, a leading information technology provider to government and
commercial markets worldwide, will participate in the Deutsche Bank
Hospitality and Gaming Conference at the Waldorf Astoria in New
York, New York. GTECH's Senior Vice President and Chief Financial
Officer Jaymin B. Patel will provide an overview of GTECH's
business strategy and outlook to conference participants on
Wednesday, November 19, 2003, at 2:00 p.m. (Eastern Standard Time).
This presentation will broadcast live over the Internet at
http://www.corporate-ir.net/media_files/Event/2003/nov/DB/Agenda/11_19_03.htm.
The presentation will also be made available for 90 days following
the conference at
http://www.corporate-ir.net/media_files/Event/2003/nov/DB/Agenda/11_19_03.htm.
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. 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 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 industry; (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, a leading global information
technology company with $1 billion in revenues and 4,900 people in
43 countries, provides software, networks, and professional
services that power high-performance, transaction processing
solutions. The Company's core market is the lottery industry, with
a growing presence in financial services transaction processing.
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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