Cash Systems, Inc. Announces New Contract
09 June 2008 - 9:30PM
Business Wire
Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access
solutions for the gaming industry, today announced a new multi-year
contract with Eastside Cannery Casino and Hotel where Cash Systems
will provide it�s full line of cash access services including
all-in-1atm services and casinopc for cash advance services.
Eastside Cannery Casino, located on the Boulder Highway in Las
Vegas, Nevada, will operate in 65,000 square feet of gaming space
with 2,187 of the latest gaming devices as well as 26 tables
offering blackjack, roulette, Pai Gow, and craps. Additionally,
Eastside Cannery will also be offering a 450-seat bingo hall, live
keno lounge, a first class poker room and a top-of-the-line Race
& Sports Book. Eastside Cannery Hotel is a 16 story tower with
307 guest rooms and suites with floor to ceiling glass windows that
give guests a spectacular view of the mountains and the bright
lights of the Las Vegas Strip. The hotel includes such amenities as
a resort spa, Jacuzzi and half-acre pool with cabanas. The hotel
also offers 20,000 square feet of convention space which can be
subdivided to accommodate a variety of meeting and convention
needs. Eastside Cannery Casino and Hotel has six restaurants and
four bars including an upscale live entertainment lounge. The 16th
Floor Ultra Lounge will give patrons a nearly 360 degree view of
the entire Las Vegas Valley and comes complete with an outdoor
terrace. Michael Rumbolz, Chairman and Chief Executive Officer of
Cash Systems, said "We are extremely excited about our agreement
with Eastside Cannery Casino and Hotel. We believe that our
selection as their provider reflects the continued confidence
Cannery Casino Resorts have in our product offerings and our proven
dedication to customer service. � Eastside Cannery Casino and Hotel
is slated to open in August of 2008. Cash Systems all-in-1atm
offers patrons an ATM with multifunction capability. Patrons can
select an ATM cash withdrawal or select a POS Debit or Credit Card
transaction all from the same ATM. casinopc is an exclusive product
of Cash Systems that offers the full range of services for
processing and completing transactions at the casino cage, all
residing on one system. By having all the functionality on one
system, the casino cage experiences transactions at a much faster
pace, saving time and increasing customer satisfaction. About Cash
Systems, Inc. Cash Systems, Inc., located in Las Vegas, with an
additional office in 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.
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