GTECH to Provide Overview of Business Strategy and Outlook at SunTrust Robinson Humphrey's Business and Technology Services Conf
13 November 2003 - 2:00AM
PR Newswire (US)
GTECH to Provide Overview of Business Strategy and Outlook at
SunTrust Robinson Humphrey's Business and Technology Services
Conference WEST GREENWICH, R.I., Nov. 12 /PRNewswire-FirstCall/ --
GTECH Holding Corporation , a leading information technology
company to government and commercial markets worldwide, will
participate in the SunTrust Robinson Humphrey's Business and
Technology Services Conference at Le Parker Meridien Hotel in New
York, New York. GTECH's President and CEO W. Bruce Turner will
provide an overview of GTECH's business strategy and outlook to
conference participants on Thursday, November 13, 2003, at 8:35
a.m. (Eastern Standard Time). It will be broadcast live over the
Internet. Go to
http://www.wallstreetwebcasting.com/webcast/strh6/gtk/. A replay of
GTECH's presentation will also be made available for 60 days,
starting November 13, 2003, at
http://www.wallstreetwebcasting.com/webcast/strh6/gtk/. 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 Holding
Corporation CONTACT: Robert K. Vincent, Public Affairs of GTECH
Corporation, +1-401-392-7452 Web site: http://www.gtech.com/
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