Revenue Estimated at $90 Million
NEW YORK, Feb. 29 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq:
SGMS) announced it has signed a contract to provide 25,000 "next
generation" Leonardo/WAVE(TM) terminals to Sisal S.p.A., a leading gaming
company in Italy. The Leonardo/WAVE(TM) terminal was jointly developed with
Sisal, and is a customized version of the WAVE(TM) terminal currently
deployed in Connecticut and Maryland. Terminal delivery and installation
should begin in April 2008 and span over the next 36 months. The contract
is expected to generate approximately $90 million in revenue to Scientific
Games over the course of three years.
The Leonardo/WAVE(TM) terminal is a new sleek and small lottery
terminal that is designed to deliver improved business efficiencies for
retailers, increase lottery sales, and enable lottery expansion into new
retail store formats. The Leonardo/WAVE(TM) has the fastest ticket document
processing and printing speeds in the industry making it easier and faster
to use as well as the most versatile lottery retail terminal in the world.
Among the Leonardo/WAVE(TM)'s extensive list of features is a 15" wide
screen color LCD operator display utilizing the latest in touch screen
technology and a 12" color LCD customer display with audio and full motion
video capability combined to provide a single customer information and
advertising center. The Leonardo/WAVE(TM) terminal is realized to meet
Sisal's specialized design requirements and will be delivered with a long
list of other industry-first features to help Sisal continue its success
for many years to come.
"We have been working with Scientific Games since when we together
designed Extrema, the first terminal, and have always received quality
products, great service and superior results," said Giorgio Sandi, CEO of
Sisal S.p.A. "We trust in Scientific Games as a leader in the industry and,
renewing our strong collaboration, we have worked closely with them to
engineer the new state of the art Leonardo/WAVE(TM) terminal, which will
enhance our revenue growth capabilities and satisfy our retailers and our
customers."
"Sisal has been a customer of Scientific Games since 1998, and we are
thrilled that they will be our first European customer to use the new
WAVE(TM) terminal," said Lorne Weil, Chairman and CEO of Scientific Games.
"We have always recognized Sisal as a high quality, very creative and
extremely efficient operator and we believe these new Leonardo/WAVE(TM)
terminals will contribute to that reputation."
About Scientific Games
Scientific Games Corporation is the leading integrated supplier of
instant tickets, systems and services to lotteries worldwide, a leading
supplier of server based gaming machines and systems, Amusement and Skill
with Prize betting terminals, interactive sports betting terminals and
systems, and wagering systems and services to pari-mutuel operators. It is
also a licensed pari-mutuel gaming operator in Connecticut, Maine and the
Netherlands and is a leading supplier of prepaid phone cards to telephone
companies. Scientific Games' customers are in the United States and more
than 60 other countries. For more information about Scientific Games,
please visit our web site at http://www.scientificgames.com.
Company Contact:
Investor Relations
Scientific Games Corporation
212-754-2233
About Sisal S.p.A
SISAL Group is a leading player in the Italian Gaming and Betting
market, where it has been working for over sixty years with companies
deeply specialized in all diversified business sectors: numerical games,
sport and horse games, lotteries, AWPs and betting, both in shops and
online. With more than 20.000 retailers located throughout the Italian
territory, SISAL offers to its customers also a wide range of payment
services, such as debit cards and utilities. The Group's activity covers
the complete cycle of the necessary operations: organisation, sales,
technology, administrative and financial activity. SISAL has recently been
awarded the licence to manage SuperEnalotto for the next nine years:
SuperEnalotto is the first jackpot game in Italy, which SISAL launched in
1997 and continuously renews to make it the most appreciated game in the
Italian market.
Forward-Looking Statements
Certain statements in this press release which are not historical facts
constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements, including those
relating to timing of contracts, renewals or other events, business plans
and performance objectives, are based upon management's current
expectations, assumptions and estimates and are not guarantees of future
results or performance. Actual results may differ materially from those
projected in these statements due to a variety of risks and uncertainties
and other factors, including, among other things: competition; material
adverse changes in economic and industry conditions in our markets;
technological change; protection of intellectual property; security and
integrity of software and systems; laws and government regulation,
including those relating to gaming licenses, permits and operations;
seasonality; dependence on suppliers and manufacturers; factors associated
with foreign operations; failure to retain, renew or perform on contracts;
resolution of pending or future litigation; and other factors described
from time to time in our filings with the SEC, including our most recent
Annual Report on Form 10-K. Forward-looking statements speak only as of the
date they are made, and except for our ongoing obligations under the U.S.
federal securities laws, we undertake no obligation to publicly update any
forward-looking statements whether as a result of new information, future
events or otherwise.
SOURCE Scientific Games
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Related links:
http://www.scientificgames.com
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CONTACT:
Investor Relations of Scientific Games
Corporation, +1-212-754-2233
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