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Non-Tech : GTECH Holdings Corporation (GTK)
GTK 4.5800.0%Apr 2 5:00 PM EST

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From: JakeStraw5/13/2005 8:08:31 AM
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Gtech unit renews 1-yr contract with Caixa Economica
By Heather Wilson

SAN FRANCISCO (MarketWatch) -- Gtech Holdings said after the closing bell Thursday that its Gtech Brazil Ltd. unit has signed a new one-year contract with Caixa Economica Federal. Under the terms of the deal, Gtech will continue operating the existing Brazilian lottery and financial transactions. Gtech said that it expects the deal to generate $105 million to $120 million in 2006 revenue and about $80 million to $85 million in service revenue over the contract term.
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