Cardtronics to Operate ATMs for 24 Pump & Pantry Locations
October 27 2010 - 8:00AM
Bosselman Inc., a leading owner and operator of convenience stores
and travel centers throughout the Midwest, and Cardtronics, Inc.
(Nasdaq:CATM) have reached an agreement for Cardtronics to provide
ATM services at 24 of Bosselman's 42 Pump & Pantry convenience
stores. Located in Nebraska, the Pump & Pantry stores provide
consumers with a wide range of convenience products and services.
Under terms of the deal, Bosselman will own and maintain the 24
ATMs, which are being purchased from Cardtronics, while Cardtronics
will provide ATM Managed Services, including transaction processing
through its company-owned processing network.
"Providing cash to our Pump & Pantry customers is a valuable
service they have come to rely on, so when we took a look at our
ATM program we knew we needed to work with a superior ATM
operator," said Charlie Bosselman, President of Bosselman.
"Cardtronics proved it has the systems, capabilities and experience
to operate our ATM program at the highest level."
"Cardtronics is proud to be working with Bosselman to provide
ATM services at Pump & Pantry locations throughout Nebraska,"
stated Rick Updyke, President Global Development at Cardtronics.
"Pump & Pantry stores are integral components of the
communities they serve, and these heavily trafficked locations are
perfect venues for ATMs that will provide Bosselman's many
customers with convenient access to cash whenever they need
it."
About The Bosselman Family of Companies
The Bosselman Family of Companies, headquartered in Grand
Island, Nebr., owns and operates 42 Pump & Pantry convenience
stores; three Pump & Pantry motels, one Hampton Inn and two
Motel 6 franchises; eight Bosselman Travel Centers; six Grandma
Max's Restaurants and a Sam Bass' Saloon & Steakhouse; and 26
Boss Truck Shops. Bosselman Energy encompasses Bosselman Carriers;
Bosselman Tank and Trailer; Petroleum Equipment Company; and
Bosselman Contractor Services; providing wholesale oil, fuel and
propane delivery; truck, tank and trailer repairs; environmental
services for the petroleum industry; condominiums and farming.
Bosselman Energy's Renewable Fuel Division, based out of Omaha,
Nebraska, is a leader in the wholesale and marketing areas of Fuels
including Ethanol, Natural Gasoline, and Bio Diesel. Founded in
1948, Bosselman's has expanded across the nation in 18 states with
over 1,500 employees. www.bosselman.com
About Cardtronics, Inc.
Headquartered in Houston, Texas, Cardtronics (Nasdaq:CATM) 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 and in the U.S. territories of Puerto
Rico and the U.S. Virgin Islands, approximately 2,800 ATMs
throughout the United Kingdom, and more than 2,900 ATMs throughout
Mexico. Major merchant clients include 7-Eleven®, Chevron®,
Costco®, CVS®/pharmacy, ExxonMobil®, Hess®, Kroger®, 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 programs, with more than
11,600 Cardtronics owned and operated ATMs featuring bank brands.
Additionally, Cardtronics offers surcharge-free access to cash for
holders of traditional debit cards as well as stored-value cards
issued by financial institutions that participate in the Allpoint
Network, Cardtronics' wholly-owned surcharge-free ATM network. 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 http://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
832-308-4828
cbrewster@cardtronics.com
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