SOURCE: PRNewswire

(Rome, ITA and Providence, RI) — Lottomatica S.p.A.'s wholly-owned subsidiary, GTECH Corporation, and Medstroms AB announced today a public cash offer to the shareholders of Boss Media AB to acquire all outstanding shares of Boss Media.

Medstroms is the largest shareholder of Boss Media with a 12.5 percent stake.

Boss Media, a leading developer of innovative software and systems for digitally-distributed gaming entertainment, is listed on the OMX Nordic Exchange Stockholm under ticker symbol "BOSS.ST."

Under the terms of the offer, GTECH and Medstroms, through a jointly-owned bid vehicle, will offer SEK 19.00 (euro 2.0) in cash per outstanding share.

In accordance with Swedish law, the offer has no financing contingencies. GTECH expects to fund the GTECH portion of the transaction from existing cash balances.

On a cash and debt free basis, the offer will have an enterprise value of SEK 937 million (euro 99 million). The acceptance period is expected to commence on February 7, 2008, and end on February 27, 2008.

The cash settlement is expected to commence on March 6, 2008.

GTECH President and CEO Jaymin B. Patel said:

"The acquisition of Boss Media is an important element of GTECH's growth strategy. At the same time, we view ourselves as being the perfect partner for Boss Media in accelerating the roll-out of their cutting-edge systems for internet-based gaming, as we can offer a global market presence and a customer base consisting of a significant portion of Boss Media's targeted leads."