Ader Group Issues Statement Regarding IGT Letter To Stockholders

       Ader Group Issues Statement Regarding IGT Letter To Stockholders

PR Newswire

NEW YORK, Feb. 1, 2013

NEW YORK, Feb. 1, 2013 /PRNewswire/ --The Ader Group today issued the
following statement regarding the letter International Game Technology issued
to stockholders earlier today:

"The Ader Group is extremely disappointed by the IGT Board and management's
response to our efforts to improve value for ALL shareholders. While we have
been trying for months to engage in a dialogue with the Board about the
strategic direction for the company, IGT has resorted to a course of
misleading personal attacks and mischaracterizations. Shame on the IGT Board!

Based on our discussions with fellow IGT shareholders, it is clear to us that
many investors are frustrated with recent decisions by the Board and
management and seek to have better representation in the boardroom. We look
forward to continuing our discussion with our fellow owners and articulating
our plan for value creation at IGT. Your Board has nothing to fear from the
Ader Group, if, in fact, the Board's interests are aligned with shareholders."

The Ader Group, led by Ader Investment Management LP, beneficially own
approximately 3.0% of IGT's outstanding common stock. The Ader Group has been
troubled by the steady diminution in the value of our investment in IGT in
recent years, and believes the company can do better. As described in the
Ader Group's proxy materials, we believe IGT is in dire need of meaningful
change at the Board and management level. The Ader Group seeks your support
for its highly qualified, independent, forward-looking nominees and urges you
to vote FOR the Ader slate on its GOLD proxy card TODAY by signing, dating and
returning the GOLD proxy card in the postage-paid envelop provided with it.
The Ader Group's views are available at WWW.RESCUEIGT.COM.

If you have questions about how to vote your shares, or need additional
assistance, please contact the firm assisting the Ader Group in the
solicitation of proxies:

INNISFREE M&A INCORPORATED

Stockholders Call Toll-Free: (877) 825-8621

Important Information:

The Ader Group (whose members are identified below) has nominated Raymond J.
Brooks, Jr., Charles N. Mathewson and Daniel B. Silvers (the "Ader Nominees")
as nominees to the board of directors of International Game Technology (the
"Company") and is soliciting votes for the election of the Ader Nominees as
members of the board. The Ader Group has sent a definitive proxy statement,
GOLD proxy card and related proxy materials to stockholders of the Company
seeking their support of the Ader Nominees at the Company's 2013 Annual
Meeting of Stockholders. Stockholders are urged to read the definitive proxy
statement and GOLD proxy card because they contain important information about
the Ader Group, the Ader Nominees, the Company and related matters.
Stockholders may obtain a free copy of the definitive proxy statement and GOLD
proxy card and other documents filed by the Ader Group with the Securities and
Exchange Commission ("SEC") at the SEC's web site at www.sec.gov. The
definitive proxy statement and other related documents filed by the Ader Group
with the SEC may also be obtained free of charge from the Ader Group.

The Ader Group consists of the following persons: Ader Investment Management
LP, Ader Long/Short Fund LP, Doha Partners I LP, Ader Fund Management LLC,
Ader Investment Management LLC, Jason N. Ader, Daniel B. Silvers, Andrew P.
Nelson and Laura T. Conover-Ferchak. The members of the Ader Group and the
Ader Nominees are participants in the solicitation from the Company's
stockholders of proxies in favor of the Ader Nominees. Such participants may
have interests in the solicitation, including as a result of holding shares of
the Company's common stock. Information regarding the participants and their
interests may be found in the definitive proxy statement of the Ader Group,
filed with the SEC on January 25, 2013 and first disseminated to stockholders
on or about January 28, 2013.

Certain information contained herein constitutes "forward-looking statements,"
which can be identified by the use of forward-looking terminology such as
"may," "will," "seek," "should," "expect," "anticipate," "project,"
"estimate," "intend," "continue" or "believe" or the negatives thereof or
other variations thereon or comparable terminology. Such statements are not
guarantees of future performance or activities. Due to various risks and
uncertainties, actual events or results or actual performance may differ
materially from those reflected or contemplated in such forward-looking
statements.

Important Information:

Ader Investment Management LP ("AIM"), Ader Long/Short Fund LP ("ALSF"), Doha
Partners I LP ("Doha"), Ader Fund Management LLC (the "General Partner"), Ader
Investment Management LLC (the "Managing Member"), Jason N. Ader, Daniel B.
Silvers, Andrew P. Nelson and Laura T. Conover-Ferchak (all of the foregoing,
collectively, "Ader") intend to file with the Securities and Exchange
Commission (the "SEC") a definitive proxy statement and accompanying proxy
card to be used to solicit written proxies from the stockholders of
International Game Technology (the "Company") in connection with the Company's
2013 Annual Meeting of Stockholders. All stockholders of the Company are
advised to read the definitive proxy statement and other documents related to
the solicitation of proxies by Ader when they become available because they
will contain important information, including additional information related
to Ader, Raymond J. Brooks, Jr. and Charles N. Mathewson (collectively, the
"Participants"). When completed, the definitive proxy statement and form of
proxy will be mailed to stockholders of the Company and, along with other
relevant documents, be available at no charge on the SEC's web site at
http://www.sec.gov. In addition, Ader will provide copies of the definitive
proxy statement and accompanying proxy card (when available) without charge
upon request.

As of the date hereof: ALSF and Doha directly beneficially own 699,148 shares
of common stock of the Company ("Shares") and 97,800 Shares, respectively
(AIM, as investment manager to ALSF and Doha, is also deemed to beneficially
own such Shares); AIM beneficially owns an additional 438,859 Shares which are
held in accounts over which AIM has discretionary investment authority
(including 300,000 Shares held in an account of an affiliate of Mr.
Mathewson); AIM beneficially owns an additional 6,764,389 Shares by virtue of
having been granted proxy voting authority over such Shares (including 752,325
Shares over which Mr. Mathewson has granted AIM proxy voting authority); Mr.
Silvers is the President of the Managing Member and AIM, and directly
beneficially owns 43,423.221 Shares for his benefit and the benefit of his
family; Mr. Nelson is the Chief Financial Officer of the Managing Member and
AIM, and directly beneficially owns 8,052.7309 Shares; Ms. Conover is the
Chief Operating Officer and Chief Compliance Officer of the Managing Member
and AIM, and directly beneficially owns 2,217.6298 Shares.

The General Partner is the general partner of AIM, ALSF and Doha, and thus is
deemed to have beneficial ownership of the Shares beneficially owned by AIM,
ALSF and Doha. The Managing Member is the managing member of the General
Partner, and thus is deemed to have beneficial ownership of the Shares
beneficially owned by the General Partner. Mr. Ader is the sole member and
controlling person of the Managing Member, and thus is deemed to have
beneficial ownership of the Shares beneficially owned by the Managing Member.

The Participants (other than Mr. Brooks) (collectively, the "Group Members")
are presently acting as a group with respect to the Shares. Accordingly, each
Group Member (1) may be deemed to have beneficial ownership of the Shares
beneficially owned by the other Group Members and (2) thus may be deemed to
beneficially own 8,053,889.5817 Shares in the aggregate. Each Group Member
disclaims beneficial ownership of the Shares he, she or it does not directly
own. Mr. Brooks does not have beneficial ownership of any Shares.

SOURCE Ader Group

Contact: Jason N. Ader, +1-212-445-7800, Ader Investment Management LP;
Jennifer Shotwell, Scott Winter, Jonathan Salzberger, +1-212-750-5833,
Innisfree M&A Incorporated; Rob Ford, rford@5wpr.com, +1-212-999-5585