Global Axcess Corp Signs New Three-Year Contract With Grocery Store Chain for 31 ATMs

JACKSONVILLE, Fla., March 23 /PRNewswire-FirstCall/ -- Global Axcess Corp (OTC Bulletin Board: GAXC; the "Company"), an independent provider of self-service kiosk solutions, today announced that its ATM subsidiary, Nationwide Money Services, has signed a new, 36-month contract with a grocery store chain that will cover 31 newly installed ATMs with a full-turnkey Global Axcess program. The Company expects to begin generating revenues from these services in the second quarter of 2010.

Mr. George McQuain, Chief Executive Officer of Global Axcess, stated, "We are pleased to add this new client to our expanding client base and look forward to a productive relationship. This new client recognized the added value of installing ATMs in their outlets to increase foot traffic and better serve customers, and we are pleased to help them with this initiative. They also recognize that our turnkey program will help them do what they do best - service their customers rather than managing ATMs. Our value proposition to grocery and convenience store chains is that we remove the headaches of managing ATMs and allow businesses and management to focus on customers, not ATM issues. This message resonated with this customer and we are pleased to have won their business.  We continue to see evidence – such as this contract – that there are substantial growth opportunities for us to grow our ATM network revenues organically."

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 Global Axcess Corp, please visit http://www.globalaxcess.biz.  For more information on Nationwide Money Services, please visit http://www.nationwidemoney.com.

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 1 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

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