16.05.2005 20:46:00
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Cash Systems, Inc. Announces Contract Renewal with Ho Chunk Nation
Business Editors
MINNEAPOLIS--(BUSINESS WIRE)--May 16, 2005--Cash Systems, Inc. (Amex: CKN), a provider of cash access solutions for the gaming industry, today announced a renewed contract with Ho Chunk Nation, Wisconsin's largest casino operator. In addition to providing existing check cashing, ATM and credit and debit card cash advance services, Cash Systems will also provide wireless cash access services to Ho-Chunk Nation, allowing patrons to complete a transaction from remote areas of the casino, such as a slot machine or gaming table.
The Ho-Chunk Nation operates the Ho-Chunk Casino, Hotel and Convention Center in Baraboo, Wisconsin. The 98,000 square foot casino includes 2,500 slot machines and 51 table games, as well as five restaurants and a 315-room hotel. The Ho-Chunk Nation also operates the Rainbow Casino in Nekoosa, Wisconsin, a 37,000 square foot casino featuring 600 slots and 12 table games, as well as the Majestic Pines and DeJope casinos.
Michael Rumbolz, Chairman and Chief Executive Officer of Cash Systems stated, "Today's renewal announcement with Ho-Chunk Nation speaks to the quality of our products and the value of the services we provide our casino clients. We are pleased to continue this long standing relationship with Wisconsin's premier casino operator."
About Cash Systems, Inc.
Cash Systems, Inc., located in Minneapolis and Las Vegas, 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 10-KSB and 10-QSB. 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.
--30--MEM/ny*
CONTACT: Integrated Corporate Relations Don Duffy/Ashley Ammon, 203-682-8200
KEYWORD: MINNESOTA INDUSTRY KEYWORD: RETAIL MARKETING AGREEMENTS SOURCE: Cash Systems, Inc.
Copyright Business Wire 2005
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