LONDON, March 11, 2019 /PRNewswire/ -- International
Game Technology PLC (IGT) (NYSE: IGT) announced that its subsidiary
IGT Global Services Limited (hereinafter "IGT") has signed an
agreement with TIPOS a.s., the government-owned lottery in
Slovakia, to deliver a variety of
new lottery technology, as well as ongoing lottery-related
services. The agreement, which is the result of a competitive
procurement process in which IGT was the incumbent, is for an
initial term of 10 years with a provision for one or more
extensions totaling up to five years thereafter. TIPOS has been a
valued IGT customer for over 25 years.
"IGT's expertise and technology innovations will provide
TIPOS with the flexibility and power it needs to effectively manage
and grow the lottery," said TIPOS CEO Jan Barczi. "We look forward to
continuing our relationship with IGT to enhance funding for
important causes in Slovakia over
the coming decade."
"This agreement represents an exciting new era in the
long-term relationship between IGT and TIPOS,"
said Declan Harkin, IGT
Senior Vice President & COO, International. "TIPOS
will benefit from IGT's latest lottery solutions, including our
core lottery platform Aurora™, our Open Retail
terminal platform, and Retailer Pro, IGT's next-generation
retailer terminal. In addition to providing exceptional performance
and reliability, Aurora's business features and functions will
enable long-term innovation and growth for TIPOS and their
expanding customer base, ultimately increasing revenues to good
causes."
Under the terms of the agreement, IGT will provide TIPOS with a
new lottery central system, retailer terminals, associated software
and peripherals, as well non-lottery software and services such as
prepaid mobile phone top-ups and event ticketing for sports and
cultural events.
The solution, scheduled for deployment in early 2020, includes
IGT's Aurora central system, the Open Retail software
terminal system, and 3,400 Retailer Pro terminals and
Printer Pro printers. IGT will also continue to provide
ongoing services to TIPOS including central system/terminal
installation and maintenance; warehousing; retailer training and
hotline/data center management and operation; a communications
system; field services; and consumables distribution.
In addition, IGT will provide TIPOS with a full range of
marketing consultancy services including game portfolio
development; marketing programs to drive same store sales growth;
provision of data analytics and market research support; and
retailer network development programs.
The Aurora core lottery system is a suite of open and
agile components designed to drive lottery innovation and
profitability. IGT's Open Retail software terminal
system features new software architecture that improves
time-to-market and lowers the cost of ownership, supporting any
connected device that has a web browser or a native downloadable
app. The Retailer Pro terminal provides a high-performance
point-of-sale (POS) terminal solution for mid- to high-volume
lottery retailers.
IGT has provided lottery and instant ticket equipment and
services to TIPOS since 1993. Proceeds from TIPOS are transferred
to the state's General Fund and support a variety of good causes,
including education and sports.
About IGT
IGT (NYSE:IGT) is the global leader in
gaming. We enable players to experience their favorite games across
all channels and regulated segments, from Gaming Machines and
Lotteries to Digital and Social Gaming. Leveraging a wealth of
premium content, substantial investment in innovation, in-depth
customer intelligence, operational expertise and leading-edge
technology, our gaming solutions anticipate the demands of
consumers wherever they decide to play. We have a well-established
local presence and relationships with governments and regulators in
more than 100 countries around the world, and create value by
adhering to the highest standards of service, integrity, and
responsibility. IGT has more than 12,000 employees. For more
information, please visit www.igt.com.
Cautionary Statement Regarding Forward-Looking
Statements
This news release may contain forward-looking
statements (including within the meaning of the Private Securities
Litigation Reform Act of 1995) concerning International Game
Technology PLC and its consolidated subsidiaries (the
"Company") and other matters. These statements may discuss
goals, intentions, and expectations as to future plans, trends,
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materially from those predicted in the forward-looking statements
and from past results, performance, or achievements. Therefore, you
should not place undue reliance on such statements. Factors that
could cause actual results to differ materially from those in the
forward-looking statements include (but are not limited to) the
factors and risks described in the Company's annual report on Form
20-F for the financial year ended December 31, 2018 and
other documents filed from time to time with the SEC, which
are available on the SEC's website
at www.sec.gov and on the investor relations section of
the Company's website at www.IGT.com. Except as required under
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update these forward-looking statements. You should carefully
consider these factors and other risks and uncertainties that
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Contact:
Angela Geryak
Wiczek, Corporate Communications, toll free in
U.S./Canada (844) IGT-7452;
outside U.S./Canada (401)
392-7452
Giuliano Frosini, +39 06 51899584;
for Italian media inquiries
James Hurley, Investor Relations,
(401) 392-7190
© 2019 IGT.
The trademarks and/or service marks used herein are either
trademarks or registered trademarks of IGT, its affiliates or its
licensors.
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SOURCE IGT