Global Axcess Corp Signs New Five-Year Contract With Convenience Store Chain for 20 ATMs Secures Contract Valued at Over $340,000 per Year
JACKSONVILLE, Fla., March 25 /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, 60-month contract with a convenience store chain valued at over $1.7 million over the full-term of the contract that will cover 20 newly installed ATMs with a full-turnkey Global Axcess program. The Company expects to begin generating revenues from these services in the second quarter.
Mr. George McQuain, Chief Executive Officer of Global Axcess, stated, "Our quality, service and unrivaled responsiveness continues to earn us new business with a diverse and growing base of clients, and we are proud to add this convenience store chain to that list. This client reached out to us to replace another provider who failed to meet expectations and created additional business challenges. Our ability to respond immediately, deploy ATMs at their locations and address their business needs without delay won us the business. Increasingly, our ability to meet aggressive client timelines and deliver unrivaled ATM uptime, quality and superior responsiveness is resonating in the industry. In addition, clients embrace our efforts to eliminate the challenges of managing ATMs and enable their managers to focus on customers. As our sales pipeline grows, we are increasingly confident in our ability to grow ATM revenues