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IGT Signs 10-Year Contract with TIPOS in Slovakia to Provide Aurora™ Platform, Lottery Retailer Terminals, and Services

Contract includes provision for extension totaling up to an additional five years

LONDON, March 11, 2019 /PRNewswire/ -- International Game Technology PLC (IGT) (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 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 Interactive 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...

"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 (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, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall," "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ 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 applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that financial performance of the Company for the current or any future financial years will necessarily match or exceed the historical published financial performance of the Company, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in its entirety by this cautionary statement.

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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