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Business Description
International Game Technology (IGT) is engaged in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products in all jurisdictions where gaming is legal. In addition to its United States production facility in Reno, Nevada, IGT also manufactures products in the United Kingdom and through third-party manufacturers in Japan and Canada. The Company receives revenues in two ways: product sales and gaming operations. Product sales revenues are generated from the sale of gaming machines, systems, parts, conversion kits, licenses and royalties, equipment and services. Gaming operations revenues are generated from IGT's installed base of recurring revenue games.

Financial Information
For the 53 weeks ended 10/2/04, revenues totaled $2.48 billion, up 17% from 52 weeks in the prior year. Net income from continuing operations increased 15% to $429.8 million. Revenues reflect the inclusion of casino operations from the integration of Anchor Gaming. Net income was partially offset by higher R&D expenses.