Cardtronics Provides ATM Services for Savings Oil Co.
July 01 2010 - 9:00AM
Cardtronics, Inc. (Nasdaq:CATM) and Savings Oil Co. have reached a
multi-year agreement to provide ATM services to customers of
Savings Oil's convenience stores. Under terms of the agreement,
which covers 47 locations, Savings Oil will own the ATM equipment
while Cardtronics will provide ATM management services. Cardtronics
will operate the ATMs through its own high-availability processing
platform and provide ATM managed services across the portfolio.
"Savings Oil strives to provide Superior Customer Satisfaction
to our many customers, and providing a convenient, reliable source
of cash is extremely important," stated Savings Oil President,
Henry C. Dodge, Jr. "Cardtronics has developed the infrastructure
to provide the high-availability ATM service Savings Oil needs for
our customers, an infrastructure that we can rely on from a partner
we can trust."
"Cardtronics is excited to be working with Savings Oil to bring
reliable, readily-available ATM services to Savings Oil's
customers," stated Brian Archer, Chief Marketing Officer for
Cardtronics. "Cardtronics has built the world's largest non-bank
ATM network by combining superior service, a robust company-owned
processing solution, a nationwide presence, and world-class ATM
management capabilities. These traits allow Cardtronics to provide
merchants, such as Savings Oil, with a high-quality, single-source
solution for all their ATM needs."
About Cardtronics
Headquartered in Houston, Texas, Cardtronics is the world's
largest non-bank owner of ATMs. Cardtronics operates over 33,700
ATMs across its portfolio, with ATMs in every major market in the
United States (including the U.S. territories of Puerto Rico and
the U.S. Virgin Islands), over 2,700 ATMs throughout the United
Kingdom, and over 2,800 ATMs throughout Mexico. Included in
Cardtronics' portfolio are approximately 2,200 multi-function
financial services kiosks that, in addition to traditional ATM
functions, perform other automated consumer financial services.
Major merchant clients include 7-Eleven®, Chevron®, Costco®,
CVS®/pharmacy, ExxonMobil®, Rite Aid®, Safeway®, Target®, and
Walgreens®. Complementing its ATM operations, Cardtronics works
with financial institutions of all sizes to provide their customers
with convenient cash access and deposit capabilities through ATM
branding and surcharge-free programs, with currently over 11,700
Cardtronics owned and operated ATMs featuring bank brands. More
recently, Cardtronics started offering a managed services solution
to retailers and financial institutions that are looking to
outsource some or all of the operational aspects associated with
operating and maintaining their ATM fleets. For more information,
please visit www.cardtronics.com.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
CONTACT: Cardtronics, Inc.
Media Contact:
Joel Antonini, VP Marketing
832-308-4131
joel.antonini@cardtronics.com
Investor Contact:
Chris Brewster, CFO
832-308-4128
cbrewster@cardtronics.com
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