CKNN Cash Systems (MM)

Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced that it has named Charles S. Crawford as Executive Vice President - Operations. Mr. Crawford will oversee the day to day initiation of services for Cash Systems� new casino partners, the continued reliability of real-time services and technical support to consumers and clients, as well as operational planning and implementation of new product offerings. Mr. Crawford comes to Cash Systems from Optimal Payments, Inc. He brings a dozen�years of payment transaction industry expertise as well as a wealth of experience and skills honed in other industries. Optimal Payments is a multi-national provider of payment transaction banking and processing services for tens of thousands of retail and ecommerce merchants. Mr. Crawford served in a variety or roles with Optimal, most recently as SVP of Corporate Development and previously as Senior Vice President of Operations, a position that included oversight of client administration, consumer transaction risk management, bank and processor relations, client relations, transaction funding and reconciliations, project management and other day-to-day functions. Prior to relocating to Optimal�s Montreal headquarters, Mr. Crawford was in the Washington, D.C. area as the company�s General Manger of U.S. Operations. �Operations is the face of our company to our casino partners and their patrons, said Michael Rumbolz, President and Chief Executive Officer of Cash Systems, Inc. �We take pride in being technology innovators, but our reputation for providing quality cash advance products and services has been the key to retaining our customer base and gives us our true competitive advantage. With the opportunities that accompany the introduction our new industry-changing technology, we are delighted to have someone with Chuck�s seasoning, deep payment transaction expertise and diverse background to join our executive team. I am pleased to welcome him to Cash Systems on behalf of the company, his new colleagues and the Board of Directors.� Mr. Crawford entered the payments industry originally as President of California-based Electronic Card Systems, Inc., a representative of merchant banks and served concurrently as the COO of its sister company, Electronic Authorization Systems, Inc., a provider of pre-transaction risk screening services. Before entering the payments industry in the mid-1990s, Mr. Crawford had a long and successful career in marketing, public relations and advertising -- serving as SVP and head of Washington Operations for Hill and Knowlton, Inc. -- with 65 offices, the world�s largest communications consultancy at the time. Mr. Crawford concluded that phase of his career in Hong Kong, as president of Hill and Knowlton�s Asian region. Mr. Crawford has a Bachelors of Science degree from University of Nevada. About Cash Systems, Inc. Cash Systems, Inc., located in Las Vegas, with additional offices in San Diego and Minneapolis, 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 10K and 10Q. 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.