Global Axcess to Present at the Sidoti & Company, LLC Semi-Annual New York Micro-Cap Conference
-- Independent Provider of Self-Service Kiosk Solutions to Discuss Growth Strategy at Presentation on January 10, 2011 --
JACKSONVILLE, Fla., Jan. 3, 2011 /PRNewswire/ -- Global Axcess Corp (OTC Bulletin Board: GAXC; the "Company"), an independent provider of self-service kiosk solutions, today announced that George McQuain, Chief Executive Officer, will present at the Sidoti & Company, LLC Semi-Annual New York Micro-Cap Conference at 2:10 p.m. on Monday, January 10, 2011 in the Estate 4/Carnegie Hall room at the Grand Hyatt New York Hotel, Park Avenue at Grand Central Station. Global Axcess management will be available during the day for one-on-one meetings.
Mr. McQuain will provide an update on the Company's ATM and self-service DVD kiosk market initiatives as well as highlight the Company's aggressive plans to drive its national DVD kiosk expansion activity. He will discuss the Company's recent definitive agreement to acquire 140 ATMs and existing relationships with a large, global oil and gas company to manage ATMs at service station locations in three Midwestern states as well as a definitive agreement to acquire Tejas Video Partners, a privately held firm operating in the unattended DVD rental kiosk business. Tejas currently has over 260 kiosk locations in operation across the United States, primarily at over 70 military facilities. This acquisition represents an opportunity for GAXC to substantially grow kiosk business at U.S. military facilities and will bring the total number of deployed DVD kiosks to over 600 when the acquisition closes.
A copy of the investor presentation that will accompany management's group presentation will be available at the Global Axcess corporate website (www.globalaxcess.biz) prior to the presentation.
Sidoti & Company, LLC
Sidoti & Company, LLC Micro-Cap Conference is one of the largest micro-cap focused investor events in the U.S., with over 400 institutional investor attendees at the previous micro-cap conference. For more information or to register for the conference, please contact Justin Ruiss by phone at (212) 453-7008 or via email at [email protected].
Sidoti & Company, LLC, founded in 1999, continues to set the Wall Street standard for small-cap equity research. Analysts mine dozens of industries to provide unbiased, institutional-quality research on more than 500 largely undiscovered, profitable companies at a market capitalization below $3 billion. The firm, also, is quickly becoming the leading provider of research in the micro-cap arena. Sidoti & Company, LLC, now covers more than 50 names in that sector. The number is growing steadily.
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 4,900 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 description of the risks and uncertainties the Company faces, please refer to, in particular, Part I, Item 1A (Risk Factors), of the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2010, and other filings of the Company 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