Cardtronics Retail ATM Network Moving Into Wegmans Food Markets
April 27 2011 - 7:30AM
Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM
owner, today announced that New York State-based Wegmans Food
Markets, one of the largest private companies in the U.S., has
selected Cardtronics as the exclusive provider of ATM services to
its entire chain of 77 supermarkets located in New York,
Pennsylvania, New Jersey, Virginia and Maryland.
Installation of Cardtronics-owned ATMs has already begun, with
full-deployment of 86 machines expected by early summer. Select
Wegmans Food Markets locations will house multiple Cardtronics
ATMs; additionally, some of the ATMs will be placed in Wegmans
administrative offices for employee use. A privately-held,
family-owned company since 1916, Wegmans Food Markets employs over
41,000 people.
"Wegmans is a perfect illustration of what Cardtronics means
when describing its retail ATM network as being in the 'right'
locations. Reflecting on nearly 100 years of business success by
Wegmans, as well as recent expansion of the chain, Cardtronics has
once again placed its ATMs in high-traffic retail locations," said
Rick Updyke, president, U.S. Business Group, Cardtronics. "Having
earned a reputation for putting a premium on customer convenience
services, Wegmans has built the kind of brand loyalty that helps
make Cardtronics' retail ATM network so attractive for financial
institutions eager to extend their brands into retail
locations."
About Wegmans Food Markets
Wegmans Food Markets, Inc. is a 77-store supermarket chain with
stores in New York, Pennsylvania, New Jersey, Virginia, and
Maryland. The family-owned company, founded in 1916, is recognized
as an industry leader and innovator. Wegmans has been named
one of the '100 Best Companies to Work For' by FORTUNE magazine for
fourteen consecutive years. In 2011, Wegmans ranked #3 on the
list.
About Cardtronics, Inc.
Cardtronics (Nasdaq:CATM) is the world's largest non-bank owner
of ATMs. The Company operates over 34,000 ATMs in the United
States, the United Kingdom, Mexico and the Caribbean, primarily
with well-known retailers such as 7-Eleven®, Chevron®, Costco®,
CVS/pharmacy®, ExxonMobil®, Hess®, Rite Aid®, Safeway®, Target® and
Walgreens®. Cardtronics also assists in the operation of over 2,900
ATMs under managed services contracts with customers such as
Kroger®, Travelex® and Circle K®. In addition to its retail ATM
operations, the Company provides services to large and small banks,
credit unions and prepaid card issuers allowing them to place their
brands on over 11,900 Cardtronics' ATMs and providing
surcharge-free access through Cardtronics' Allpoint Network. For
more information, visit www.cardtronics.com.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
Cardtronics and Allpoint are
registered trademarks of Cardtronics, Inc.
CONTACT: Cardtronics - Media
Nick Pappathopoulos
Director - Public Relations
832-308-4396
npappathopoulos@cardtronics.com
Cardtronics - Investors
Chris Brewster
Chief Financial Officer
832-308-4128
cbrewster@cardtronics.com
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