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GTECH ACQUIRES BENEFITS DELIVERY SYSTEMS BUSINESS FROM GENERAL INSTRUMENT CORPORATION

 WEST GREENWICH, R.I., Aug. 17 /PRNewswire/ -- GTECH (NYSE: GTK) announced today that the company has acquired the assets relating to General Instrument Corporation's (NYSE: GIC) benefits delivery systems business, thereby completing the previously announced acquisition of certain GI businesses.
 The benefits delivery systems business consists of an on-line system and services for the distribution of public assistance funds and food stamps for the Human Resource Administration of the City of New York. Approximately 860 terminals are installed in 440 locations throughout the city. The business had revenues estimated at more than $6 million for GI's fiscal year ended Dec. 31, 1992.
 In commenting on this announcement, GTECH Chairman and CEO Guy B. Snowden, said, "The acquisition of GI's benefits delivery systems business allows GTECH to extend its experience and expertise in secure high-volume, transaction processing into a new governmental framework. By applying GTECH's technological capabilities to the operation of the largest on-line benefits delivery system in the United States, we hope to provide long-term efficiencies to the city of New York in its administration of human resource services to its clients."
 This is the final transaction related to GTECH's acquisition of AmTote International, Inc. from GI. The majority of the acquisition was completed in April 1993. The total purchase price for all assets and businesses acquired by GTECH from GI was approximately $20.8 million.
 GTECH designs, produces, implements, operates and services computerized networks for government-sponsored or licensed lotteries on five continents. In addition, GTECH provides a wide variety of instant ticket support services. GTECH currently has contracts to supply and/or operate lottery systems for 26 U.S. customers and 35 jurisdictions outside of the United States.
 GTECH's lottery business employs approximately 1,000 people in Rhode Island and more than 3,100 worldwide.
 -0- 8/17/93
 /CONTACT: Craig Watson of GTECH, 401-392-1000/


CO: GTECH; General Instrument Corporation ST: Rhode Island, New York IN: CPR SU: TNM

DJ -- NE005 -- 3402 08/17/93 08:47 EDT
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Publication:PR Newswire
Date:Aug 17, 1993
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