žžƵ

žžƵ AMONG THE LEADING R&D INVESTORS IN EUROPE


12/12/2013

žžƵ Group for the eighth consecutive year was ranked amongst the top 1,000 European organizations of the ‘2013 EU Industrial Research & Development Investment Scoreboard’ prepared and published by the European Commission. Committed to a strategy with constant focus on Innovation, žžƵ ascended 60 places in the ranking compared to last year’s R&D Scoreboard, becoming the 544th most significant R&D investor in Europe. žžƵ was also classified 30th at the “Technology Hardware & Equipment” industrial Sector list of the Scoreboard. The R&D Scoreboard measured the total value of žžƵ’s global R&D investment financed with its own funds, irrespective of the location where the relevant R&D took place.

Commenting on the prestigious classification, Mr. Konstantinos Farris, žžƵ Group’s General Technical Director of Systems, stated: “Innovation is the key driver to žžƵ’s expansion and success worldwide. Our leading position in R&D, as it is reflected in the EU R&D Scoreboard, ratifies our commitment to offering to the gaming industry a continuously upgraded portfolio of unique, technologically and operationally advanced solutions. In 2013, we have created a dedicated Innovation Lab (i-Lab) in order to accelerate innovation even further. i-Lab provides all the necessary tools for the enabling, identification, evaluation, implementation and marketization of innovative ideas, in order to ensure that žžƵ products and services are driving the state of the art and that žžƵ solutions are enabling further business innovation for its customers.”

In 2012 žžƵ invested €21.4 million, a 12.2% increase versus 2011, which represented 9.7% of the company’s IT-related revenues. žžƵ has its central R&D HUB in Greece and additional R&D centers in USA, Taiwan and Italy. Also, over the years the company has established close collaboration with leading institutes throughout the world, such as the Athens Information Technology Center (AIT). Aiming to further foster innovation, žžƵ has also initiated a technology-oriented Gaming Innovation Cluster, embracing the best of human capital, to collaboratively design state-of-the-art products and services to the benefit of the international gaming industry.

The EU Industrial R&D Investment Scoreboard is published annually by the European Commission (DG Research and Innovation and Joint Research Centre). The 2013 Scoreboard is based on a sample of 2,000 companies, top investors in R&D.

About žžƵ

žžƵ, a public listed company, is the leading supplier of integrated gaming and transaction processing systems, innovative game content, sports betting management and interactive gaming services to state-licensed gaming organizations worldwide. Its broad portfolio of products & services, its know-how of Lottery, Betting, Racing & Video Lottery operations and its leading-edge technology, give žžƵ a competitive advantage, which contributes directly to customers’ efficiency, profitability and growth. With presence in 56 jurisdictions, more than 5.500 people and revenues of €1.4 billion for 2012, žžƵ has established its presence on all 5 continents.

For more info:
Ms Persa Kartsoli, Head of Corporate and Public Relations, Phone: +30-210 6156000, Fax: +30-210 6106800, email: kartsoli@intralot.com -