NEW YORK, Aug. 4 /PRNewswire-FirstCall/ -- Scientific Games Corporation
(Nasdaq: SGMS) announced the addition of Yan Xuan to the role of President,
Greater China and Senior Vice President, Scientific Games International.
Mr. Xuan will be responsible for the execution of the Company's strategy
and the growth of revenue and profits for this new geographic market which
includes mainland China, Hong Kong and Taiwan.
Yan Xuan has a wealth of experience and most recently worked for Oracle
Corporation as Vice President of Government Affairs and Business
Development for the Greater China Region. Immediately prior to joining
Oracle, Yan was General Manager of Strategic Investments at Microsoft. He
also spent seven years with AT&T and Lucent in senior management and
executive positions, including Vice President of Business Development and
Administration and Vice Chairman of the $450M Optic Fiber Solutions and
Channels businesses in China. Yan also has experience working in several
prominent law firms and has served as in-house counsel for both privately
held and publicly listed companies. Yan holds a degree in English from
Beijing University and a J.D. from Duke University.
"We are pleased to add such a seasoned professional to our team in
China. Yan's depth of knowledge in government relations and business
development and his experience in large multi-national corporations will
provide strong leadership as we drive our efforts in the greater China
marketplace," said Lorne Weil, Chairman and CEO of Scientific Games. "His
impressive track record for delivering results and driving execution is an
important complement to our business."
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
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 Corporation
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http://www.scientificgames.com
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CONTACT:
Investor Relations, Scientific Games
Corporation, +1-212-754-2233
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