GTECH Holdings Corporation Board of Directors Named the Best in Gaming Industry for Second Year in a Row
16 March 2006 - 8:30AM
PR Newswire (US)
WEST GREENWICH, R.I., March 15 /PRNewswire-FirstCall/ -- For the
second consecutive year, GTECH Holdings Corporation's (NYSE:GTK)
Board of Directors has been named the Top Performing Board of
Directors in Gaming by HVS Executive Search, a global consulting
and services organization focused on the gaming, lodging, and
leisure industries. The Board Performance award is presented each
year to the Board of Directors in the gaming industry that
exercises diversity and discretion in its handling of corporate
governance. HVS uses a broad range of criteria to judge the boards
of 45 publicly-traded gaming companies, including size, makeup, and
independence of the board; committee structure and effectiveness;
presence of interlocks, insider participation, and related
transactions; and fundamental commitment to pay-for-performance.
"On behalf of the Board, GTECH is honored to, once again, be
recognized as the top-performing board in the gaming industry,"
said Robert M. Dewey, Jr., GTECH Board Chairman. "The broad range
of expertise our directors bring to the board has been invaluable
in guiding GTECH through a period of growth and change. Their sound
guidance, rigorous governing principles, and strong business ethics
have helped make GTECH a success, and I am particularly pleased
they are receiving this well-deserved honor." GTECH received
perfect scores in three of the four categories. Other top
performers in the 2005 study included Harrah's Entertainment, Wynn
Resorts, and Shuffle Master. GTECH is a leading gaming technology
and services company. With more than $1.25 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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