WEST GREENWICH, R.I., July 19 /PRNewswire-FirstCall/ -- GTECH Holdings Corporation today announced that it has successfully integrated BillBird's commercial services payment capability into the existing GTECH Enterprise Series(TM) system. The new solution, Enterprise Series Commercial Payments (ES-CP), offers GTECH's customers seamless lottery and commercial services operations.

In September 2004, GTECH's majority-owned subsidiary PolCard S.A. acquired Billbird S.A., the leading provider of electronic bill payment and prepaid mobile recharge services in Poland. The acquisition provided GTECH with a stand-alone commercial services platform that encompassed broad system and back-office functionality, as well as comprehensive reporting and business intelligence functions. The integration of BillBird's system into Enterprise Series effectively enables lotteries -- and other future distribution partners -- to leverage existing point-of-sale terminal configurations for new revenue streams. Lotteries can connect to bill payment clients, prepaid service providers, and a host of other payment services.

"The Enterprise Series Commercial Payments (ES-CP) solution further strengthens GTECH's position in the commercial services industry," said GTECH President and CEO W. Bruce Turner. "ES-CP is secure, reliable, and scalable, and allows for the rapid expansion of new products or services providers as required by our customers. The modular platform can stand alone or easily be integrated into any of our customers' existing solutions. Most importantly, the platform provides a cost effective way to increase same store sales without the cost of additional retail technology and network infrastructure."

ES-CP supports the growth of a jurisdiction's transaction processing needs by creating the optimal "plug in" architecture that easily integrates with banks, utilities, and telecommunications companies. Operations are simplified for an ES-CP lottery distribution partner because the solution fully integrates with a lottery's back-office reconciliation, settlement support, and risk and cash management requirements. This 'lottery overlay' technique takes full advantage of existing operations and processes that are already successfully at work within a jurisdiction.

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 $1.25 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

CONTACT: Robert K. Vincent, Public Affairs of GTECH Corporation,
+1-401-392-7452

Web site: http://www.gtech.com/

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