Scientific Games Upgrades Delaware Lottery to AEGIS-Video(TM)
New VLT Control System Will Add $3.8 Million to Contract
NEW YORK, Nov. 21 /PRNewswire-FirstCall/ -- Scientific Games
(Nasdaq: SGMS) will upgrade the Delaware Lottery's lottery control and
monitoring system to the new AEGIS-Video(TM) system with the industry standard
and most widely used communication protocol SAS 6.01 under terms of a contract
announced today. The AEGIS-Video(TM) system supports the configuration,
operation, monitoring and accounting for Video Lottery Terminals (VLTs) and
slot machines.
Set for implementation in early 2006, the new AEGIS-Video(TM) system is
valued at $3.8 million over the remainder of the contract, bringing the total
value of the contract to $18 million. It will run for 45 months, starting
May 1, 2006, with five single-year extension options that could extend it into
early 2015.
"With more than 6,500 VLTs at Dover Downs, Delaware Park and the
Harrington Raceway, we have been responsible for monitoring and controlling
some of the most successful racinos in the country," said Wayne Lemons,
Director of the Delaware Lottery. "We've been happy with the performance of
our existing Scientific Games system and with the enhancements in
AEGIS-Video(TM). The system will easily manage our existing slots and
accommodate the addition of new SAS gaming machines that we expect to bring
online next year."
"The Delaware Lottery has long relied on system technology from Scientific
Games. We are excited about upgrading their control and monitor system to our
latest open architectured system that will provide them the most flexible and
robust tools available," said Brennen Lawrence, Vice President and General
Manager of Video Gaming Systems of Scientific Games. "AEGIS-Video(TM) is
implemented using industry standard technologies, the same technologies that
Scientific Games used in the AEGIS On-line Lottery System.
"The Delaware Lottery has one of the most efficient VLT operations in the
United States and we're pleased that they are confident AEGIS-Video offers the
solutions for their continued growth. AEGIS-Video(TM) provides a comprehensive
set of gaming functionality that includes a complete suite of security
mechanisms to ensure the integrity of the Delaware Video Lottery program."
Scientific Games has been the solution provider to the Delaware Lottery
since 1995. In the decade since it was launched, Delaware Video Lottery has
contributed more than $1 billion to the state's General Fund.
About Scientific Games
Scientific Games Corporation is the leading integrated supplier of instant
tickets, systems and services to lotteries, and the leading supplier of
wagering systems and services to pari-mutuel operators. It is also a licensed
pari-mutuel gaming operator in Connecticut 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
www.scientificgames.com.
Forward-Looking Statements
In this press release we make "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of 1995.
In some cases, forward-looking statements can be identified by the use of
forward-looking terminology such as "may," "will," "estimate," "intend,"
"continue," "believe," "expect" or "anticipate," or the negatives thereof,
variations thereon or similar terminology.
These forward-looking statements generally relate to plans and objectives
for future operations and are based upon management's reasonable estimates of
future results or trends. Although we believe that the plans and objectives
reflected in or suggested by such forward-looking statements are reasonable,
such plans or objectives may not be achieved.
Actual results may differ from projected results due, but not limited, to
unforeseen developments, including developments relating to the following:
-- economic, competitive, demographic, business and other conditions in
our local and regional markets;
-- changes or developments in the laws, regulations or taxes in the gaming
and lottery industries;
-- actions taken or omitted to be taken by third parties, including
customers, suppliers, competitors, members and shareholders, as well as
legislative, regulatory, judicial and other governmental authorities;
-- changes in business strategy, capital improvements, development plans,
including those due to environmental remediation concerns, or changes
in personnel or their compensation, including federal, state and local
minimum wage requirements;
-- the availability and adequacy of our cash flow to satisfy our
obligations, including our debt service obligations and our need for
additional funds required to support capital improvements, development
and acquisitions;
-- an inability to renew or early termination of our contracts;
-- an inability to engage in future acquisitions;
-- the loss of any license or permit, including the failure to obtain an
unconditional renewal of a required gaming license on a timely basis;
and
-- resolution of any pending or future litigation in a manner adverse to
us.
Actual future results may be materially different from what we expect. We
will not update forward-looking statements even though our situation may
change in the future.
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.
Company Contact: Investor Relations
Scientific Games Corporation
212-754-2233
SOURCE Scientific Games
RELATED LINKShttp://www.autotote.com
http://www.scigames.com
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