Harris Teeter Gets an ATM in Every Store; Cardtronics Increases Inventory of Brand-Able Retail ATMs
November 02 2011 - 7:30AM
Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM
owner, today announced it has signed an agreement to provide ATM
services to North Carolina-based Harris Teeter, a regional chain of
supermarkets located primarily in U.S. Mid-Atlantic States. As part
of the agreement, Cardtronics has initially installed 100
company-owned and –operated ATMs for Harris Teeter in Florida,
Maryland, North Carolina, South Carolina, Tennessee and Virginia.
Additionally, the agreement provides Cardtronics the exclusive
right to install ATMs in new Harris Teeter stores, as well as to
transition all existing non-bank branch cash machines at Harris
Teeter stores to Cardtronics' ATMs, over time.
Prior to establishing a long-term ATM services agreement with
Cardtronics, Harris Teeter offered its customers ATM access in more
than 90 of its locations, with the cash machines supported by
multiple financial institutions and ATM deployers. As part of an
initiative to quickly extend ATM access across its entire chain of
grocery stores, Harris Teeter selected Cardtronics as its
single-source partner to facilitate the rapid expansion into 100
additional locations — while also providing a consistent ATM
experience for customers.
All 100 recently installed Cardtronics-owned, Harris
Teeter-located ATMs have been folded into Cardtronics'
surcharge-free Allpoint Network and become part of the company's
inventory of brand-able retail ATMs. Cardtronics launched and
completed this relationship launch installation project with Harris
Teeter within the month of October.
"Cardtronics is well-positioned to support Harris Teeter's
vision of a consistent customer ATM experience across the entire
Harris Teeter chain. And our experience, scale and stability
enabled Cardtronics to execute the initial ATM rollout schedule
within an expedited timeframe," said Rick Updyke, president, U.S.
Business Group, Cardtronics. "Cardtronics' ATM branding expertise,
our Allpoint surcharge-free network, as well as our proven
operational excellence can all help drive consumer traffic to a
well-respected regional grocer like Harris Teeter — with the
benefits to both companies plentiful and compelling."
About Harris Teeter
Harris Teeter Inc. with headquarters in Matthews, N.C., is a
subsidiary of Ruddick Corporation (NYSE:RDK), a Fortune 500
company. Harris Teeter is the 24th largest supermarket in the U.S.
with 2010 sales of $4.1 billion. The grocery store chain employs
over 23,000 associates and has 205 stores in North and South
Carolina, Virginia, Georgia, Tennessee, Maryland, Delaware, Florida
and the District of Columbia.
About
Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and
live their lives, Cardtronics is at the convergence of retailers,
financial institutions, prepaid card programs and the customers
they share. Cardtronics owns/operates more than 41,900 retail ATMs
in U.S. and international locales. Whether Cardtronics is driving
foot traffic for America's most relevant retailers, enhancing ATM
brand presence for card issuers or expanding card holders'
surcharge-free cash access on the local, national or global scene,
Cardtronics is convenient access to cash, when and where consumers
need it. Cardtronics is where cash meets commerce.
Cardtronics and Allpoint are registered
trademarks of Cardtronics, Inc.
All other trademarks are the property of their
respective owners.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
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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