Patricia Nazemetz Elected to Serve on WMS Industries Inc. Board of Directors

WAUKEGAN, Ill.--(BUSINESS WIRE)--WMS Industries Inc. (NYSE:WMS) today announced that WMS’ stockholders elected Patricia M. Nazemetz to serve on WMS’ Board of Directors, along with reelecting all eight of the incumbent director nominees, at the Company’s 2007 Annual Stockholders Meeting held today. Nazemetz’ election maintains the existing size of WMS’ Board at nine members, eight of whom (including Ms. Nazemetz), WMS believes meet the independence requirement of the New York Stock Exchange.

Ms. Nazemetz, 57, is the Chief Human Resources and Ethics Officer for Xerox Corporation (NYSE:XRX), the world’s leading document management technology and services enterprise. She has been a vice president of Xerox since January 1999 and is responsible for all aspects of human resources including talent management, leadership development, resource planning, diversity, work environment, industrial relations, pay and rewards. She also oversees all ethics and compliance initiatives for Xerox. Nazemetz joined Xerox in 1979 and progressed through a variety of assignments in human resources, attaining her present position in 2007. She also serves as a director of Energy East Corporation and is a trustee of Fordham University.

“Pat brings substantial experience with customer and employee focused values in an accomplished global organization, and has a deep knowledge of how important a company’s culture and values are in driving consistent growth and innovation,” said Louis J. Nicastro, Chairman of the Board of WMS. “We are extremely pleased to have Pat join our board and share her insight and leadership with WMS. As our Company continues its growth and global expansion, we are sure that her broad perspectives on leadership and organizational priorities will have a meaningful impact in our continuing quest to be become an employer of choice.”

Under the direction of the WMS Board, the Company has substantially enhanced its corporate governance practices and expanded the depth of experience on its Board. “Ms. Nazemetz is the fourth new director elected during the last three years, adding additional perspective and professional accomplishments to our distinguished Board,” said Brian M. Gamache, WMS’ President and Chief Executive Officer. “This improvement in governance policies and practices has been recognized by the independent firms that review such activities. Institutional Shareholders Services, one of the leading firms that analyze company governance records, recently rated WMS as outperforming 92.7% of all the companies in the S&P 600, and surpassing 93.9% of the companies in the Consumer Services Group, those companies with whom WMS is most closely compared – placing WMS among the top 10% in both groups.”

WMS Achieved Significant Success in Fiscal 2007

In comments to the stockholders, Gamache attributed the significant growth achieved in fiscal 2007 financial performance to the success achieved by focusing on five strategic priorities:

1) Growing North American market share through increased innovative product offerings; 2) expanding the Company’s international presence; 3) continuing to grow WMS’ gaming operations business through the introduction of unique gaming machines, enabled by our intellectual property and advanced technology; 4) enhancing operating margins through process improvement and by leveraging revenue growth; and 5) strengthening cash flow and reinvesting to build future shareholder value.

Looking forward, Gamache added, “Our emphasis, as in the past, remains on continuing to invest in innovation, intellectual property and R&D activities. These investments provide our highest return and greatest opportunity to continue building stockholder value. With this focus, we anticipate a steady stream of innovative, appealing products that will grow our market presence, enhance our gaming operations and improve our margins and cash flow.”

WMS is engaged in serving the gaming industry worldwide by designing, manufacturing and marketing video and reel-spinning gaming machines, video lottery terminals, and through its gaming operations business, which consists of the placement of leased participation gaming machines in legal gaming venues. More information on WMS can be found at www.wms.com.

This press release contains forward-looking statements concerning our future business performance, strategy, outlook, plans, liquidity, pending regulatory matters and outcomes of contingencies, including legal proceedings, among others. Forward-looking statements may be typically identified by such words as “may,” “will,” “should,” “expect,” “anticipate,” “plan,” “believe,” “estimate,” “project,” “outlook,” and “intend,” among others. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the expectations expressed in the forward-looking statements. Although we believe that the expectations reflected in our forward-looking statements are reasonable, any or all of our forward-looking statements may prove to be incorrect. Consequently, no forward-looking statements may be guaranteed. Factors which could cause our actual results to differ from expectations include (1) delay or refusal by regulators to approve our new gaming platforms, cabinet designs, game themes and related hardware and software; (2) a failure to obtain and maintain our gaming licenses and regulatory approvals; (3) an inability to introduce in a timely manner new games and gaming machines that achieve and maintain market acceptance; (4) a decrease in the desire of casino customers to upgrade gaming machines or allot floor space to leased or participation games, resulting in reduced demand for our products; (5) cancellation or modification by customers of open orders for new gaming machines, CPU-NXT conversion kits, gaming operations machines and game theme conversions; (6) a software anomaly or fraudulent manipulation of our gaming machines or software; (7) a failure to obtain the right to use, or an inability to adapt to rapid development of new technologies; and (8) an infringement claim seeking to restrict our use of material technologies. These factors and other factors that could cause actual results to differ from expectations are more fully described under “Item 1. Business-Risk Factors” in our Annual Report on Form 10-K for the year ended June 30, 2007 and our more recent reports filed with the Securities and Exchange Commission.