Cash Systems, Inc. Launches New Cash Access Solutions for the Gaming Industry
08 Septembre 2005 - 10:01PM
Business Wire
Cash Systems, Inc. (Amex: CKN), a provider of cash access solutions
for the gaming industry, today announced the launch of cashclub and
totalcash products, as well as the Company's third generation web
reporting platform. The new products create value for casino
operators and patrons by enhancing cash accessibility on the casino
floor. More specifically: -- cashclub brings convenience to the
casino floor by enabling all financial transactions to occur at the
ATM. With cashclub, gaming patrons can now get cash advance, POS
debit and electronic check cashing services at Cash Systems'
All-In-1 ATM and Stay 'N Play products. cashclub will eliminate
lines at the casino's cage, leading to increased customer
satisfaction. Adding cashclub as a feature to casino's traditional
players club card programs allows the players club card to become a
cash access card, enabling players to receive funds at Cash
Systems' All-In-1 and Stay 'N Play products. Additionally, a Cash
Systems patent pending, exclusive service allows cashclub customers
bonusing options never seen before in the cash access industry. --
totalcash incorporates the All-In-1 ATM software, ticket
redemption, bill breaking and cashclub into one machine. A casino
typically has four different machines on the floor to handle
financial transactions, ticket redemption and bill breaking. Cash
Systems allows casinos to simplify the floor by replacing these
separate machines with totalcash machines, which incorporate all
functions into one device. Players no longer have to search for a
specific kiosk for a specific function, and additional totalcash
machines throughout the gaming floor means even more points of
access for ticket redemption, bill breaking, cash advance, POS
debit, electronic check and ATM transactions. -- The third
generation web reporting platform includes major enhancements like
live web reporting and hundreds of customizable reports, including
a new "Super Report" feature and the first-ever Premium Cash Player
Report. Using Cash System's new web reporting platform, clients
utilize the most comprehensive player and marketing data platform
on the market today. Michael Rumbolz, Chairman and Chief Executive
Officer of Cash Systems stated, "We are dedicated to innovation and
driving value across the casino floor. The products we are
introducing today create value for our clients, eliminating lines
at the cage, reducing labor costs, driving additional value to
player club card programs and providing tangible marketing
information never seen before from a cash access company. cashclub
is another step on the road to a cashless gaming environment."
About Cash Systems, Inc. Cash Systems, Inc., located in Minneapolis
and Las Vegas, is a provider of cash access and related services to
the retail and gaming industries. Cash Systems' products include
its proprietary cash advance systems, ATMs and check cashing
solutions. Please visit http://www.cashsystemsinc.com for more
information. This press release may contain forward-looking
statements, including the Company's beliefs about its business
prospects and future results of operations. These statements
involve risks and uncertainties. Among the important additional
factors that could cause actual results to differ materially from
those forward-looking statements are risks associated with the
overall economic environment, the successful execution of the
Company's plan of operation, changes in the Company's anticipated
earnings, continuation of current contracts, gaming and other
applicable regulations, and other factors detailed in the Company's
filings with the Securities and Exchange Commission, including its
most recent Forms 10-KSB and 10-QSB. In addition, the factors
underlying Company forecasts are dynamic and subject to change and
therefore those forecasts speak only as of the date they are given.
The Company does not undertake to update any forecasts that it may
make available to the investing public.
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