GTECH, German lottery sign deal
"Sachsische LOTTO joins other innovative German lotteries, WestLotto and Thuringen in particular, that are already benefiting from GTECH's Enterprise Series platform," said W. Bruce Turner, CEO of GTECH and Lottomatica S.p.A. "We look forward to working with Sachsische LOTTO to provide a whole new level of system performance, and a powerful and flexible platform that can be continually adapted to meet the Lottery's ever-changing business needs."
Under the terms of the product sale agreement, GTECH will upgrade the Lottery's central system to GTECH's Enterprise Series(TM) (ES) solution, which features Internet Protocol (IP) and standards-based open architecture, to enable third-party product development and integration. GTECH expects to have the new system operational by the end of 2007. The Company will also serve as general contractor to Sachsische LOTTO for the migration of terminal software and a new communications network.
