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 212-754-2233RELATED LINKS
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