Global Axcess Corp Begins Deployment of DVD Kiosks at Major Grocery Chain
- 125 DVD Kiosks Will Be Deployed by July 31; 323 Total DVD Kiosks to Be Deployed By End of August -
JACKSONVILLE, Fla., July 27 /PRNewswire-FirstCall/ -- Global Axcess Corp (OTC Bulletin Board: GAXC; the "Company"), an independent provider of self-service kiosk solutions, today announced that three weeks ago it commenced deployment of new DVD kiosks with the major grocery chain ("Grocery"), that Global Axcess signed a three-year contract with to initially install 300 additional DVD kiosk locations. To date, over 85 new DVD kiosks have been deployed with the grocery chain, approximately 40 additional kiosks will be deployed by Saturday, July 31 and 323 total kiosks are scheduled to be deployed with this grocery chain by the end of August.
In aggregate, across the Global Axcess system, the Company will have 165 DVD kiosks deployed by Saturday, July 31.
"Our progression is proceeding as planned, and we are actively building a second leg of growth for our company," commented George McQuain, Chief Executive Officer of Global Axcess. "DVD kiosks are expected to generate higher revenue and gross profit when compared to our ATM business, and we remain excited about the potential for us with DVDs."
About Global Axcess Corp
Headquartered in Jacksonville, Florida, Global Axcess Corp was founded in 2001 with a mission to emerge as the leading independent provider of self-service kiosk services in the United States. The Company provides turnkey ATM and other self-service kiosk management solutions that include cash and inventory management, project and account management services. Global Axcess Corp currently owns, manages or operates more than 4,500 ATMs and other self-service kiosks in its national network spanning 43 states. For more information on the Company, please visit http://www.globalaxcess.biz. For more information on Nationwide Money Services, please visit http://www.nationwidemoney.com.
Investor Relations Contacts: |
|
Sharon Jackson: 904-395-1149 |
|
Hayden IR: |
|
Brett Maas or Jeff Stanlis: (646) 536-7331 |
|
This press release may contain forward-looking statements. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as: "believes," "expects," "may," "will," "should," or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Various important risks and uncertainties may cause the Company's actual results to differ materially from the results indicated by these forward-looking statements. For a list and description of the risks and uncertainties the Company faces, please refer to Part I, Item 1A of the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2010, and other filings that have been filed with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, and such statements are current only as of the date they are made.
SOURCE Global Axcess Corp
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article