Global Axcess Corp Signs New Three-Year Contract With Grocery Store Chain for 31 ATMs
- Client Installing ATMs for First Time in its Locations -
JACKSONVILLE, Fla., March 23 /PRNewswire-FirstCall/ -- Global Axcess Corp (OTC Bulletin Board: GAXC; the "Company"), an independent provider of self-service kiosk solutions, today announced that its ATM subsidiary, Nationwide Money Services, has signed a new, 36-month contract with a grocery store chain that will cover 31 newly installed ATMs with a full-turnkey Global Axcess program. The Company expects to begin generating revenues from these services in the second quarter of 2010.
Mr. George McQuain, Chief Executive Officer of Global Axcess, stated, "We are pleased to add this new client to our expanding client base and look forward to a productive relationship. This new client recognized the added value of installing ATMs in their outlets to increase foot traffic and better serve customers, and we are pleased to help them with this initiative. They also recognize that our turnkey program will help them do what they do best - service their customers rather than managing ATMs. Our value proposition to grocery and convenience store chains is that we remove the headaches of managing ATMs and allow businesses and management to focus on customers, not ATM issues. This message resonated with this customer and we are pleased to have won their business. We continue to see evidence – such as this contract – that there are substantial growth opportunities for us to grow our ATM network revenues organically."
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