Timewise Food Stores Names Cardtronics Exclusive Provider of ATM Services
New ATM Placement in Texas Adds More Than 225 Company-Owned Cash Machines to
Cardtronics' Fleet of Brand-Able ATMs
HOUSTON, Nov. 1, 2013 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM)
today announced a long-term agreement with Houston-based Landmark Industries —
naming Cardtronics the exclusive provider of ATM services for Timewise Food
Stores, a leading convenience store chain serving Texans since 1982. The newly
formed relationship adds more than 225 company-owned cash machines to
Cardtronics' fleet of brand-able ATMs. Cardtronics is the world's largest
retail ATM owner.
As part of a long-term relationship, Cardtronics will install and operate more
than 225 Cardtronics-owned ATMs at Timewise Food Stores, with high densities
of locations in Houston and San Antonio. All Timewise Food Stores locations
will be converted to Cardtronics ATM services before end-of-year; Cardtronics
also has expansion rights for future Timewise Food Stores locations.
Cardtronics' new portfolio of ATMs is immediately available to financial
institutions interested in elevating brand awareness and fee-free account
access by way of Cardtronics' ATM Branding program. Serving Texans for more
than 30 years, Timewise Food Stores has earned a reputation for fast and
friendly service in clean and well-lit stores, featuring quality branded fuel,
fresh merchandise and clean restrooms.
Bob Duff, partner, Timewise Food Stores said:
"We are very excited to soonhave Cardtronics as our exclusive ATM services
provider. We have historically managed our ATM operations in-house and
bringing Cardtronics on as our complete ATM services provider will bea very
positive move both in terms of benefiting from thelatest state of the art
equipment, as well as their very fine service. Equipment, serviceand
Cardtronics' proven ability to secure ATM branding partners makes perfect
sense for us as we seek to best serve our customers."
Rick Updyke, president of Cardtronics' North America Business Group said:
"Convenience store operators today seek greater efficiencies, a superior
customer experience and higher transaction volumes to help drive merchandise
sales. As Cardtronics becomes the exclusive provider of ATM services to
Timewise Food Stores, we look forward to making life easier for Timewise and
their customers, as well as the financial institutions that will take
advantage of this new ATM branding opportunity to more conveniently serve
Expanded ATM Branding Opportunity
As a result of its exclusive retail ATM services relationship with Timewise
Food Stores, and in conjunction with the recently launched Preferred Branding
option, Cardtronics is able to offer financial institutions and prepaid card
programs ATM branding opportunities at more than 225 Timewise Food Stores
locations, with particularly strong store densities in Houston and San
Cardtronics is North America's market leader in ATM branding and for financial
institutions and prepaid card programs seeking to extend their brands, as well
as convenient and fee-free cash access to their cardholders. Across its
Principal and Preferred Branding programs, card issuers have cumulatively
branded a total of 19,000 Cardtronics-owned ATMs.
Principal Branding, for all practical purposes, results in a Cardtronics-owned
ATM appearing to be owned and operated by the branding bank or credit union.
This is accomplished through some combination of ATM toppers, skins, screens,
receipts and outdoor signs all displaying the brand and logo of Cardtronics'
ATM branding partner. Principal Branding is available on a one financial
institution per ATM basis.
With Preferred Branding, up to nine additional financial institutions can use
the same premium retailer location and the same Cardtronics-owned ATM,
including locations that already have a Principal Branding partner, to expand
fee-free cash access for their accountholders and generate awareness for their
bank or credit union. As for how it works, financial institutions have their
2×2 inch logo added to the Preferred Branding decal located on the ATM's safe
About Timewise Food Stores
Timewise is a 30-year-old convenience store/retail gasolineretailer
whichblankets Houstonand San Antonio with majorbranded fuellocations on
prime traffic corners. The chain of more than 225 locationshas achieved a
premier reputation in the markets it serves as being a top notch operator of
high volume, clean, major-branded,convenience store locations.
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live,
Cardtronics is at the convergence of retailers, financial institutions,
prepaid card programs and the customers they share. Cardtronics owns/operates
more than 81,200 retail ATMs in U.S. and international locales. Whether
Cardtronics is driving foot traffic for America's most relevant retailers,
enhancing ATM brand presence for card issuers or expanding card holders'
surcharge-free cash access on the local, national or global scene, Cardtronics
is convenient access to cash, when and where consumers need it. Cardtronics is
where cash meets commerce.
Media Relations Investor Relations
Nick Pappathopoulos Chris Brewster
Director – Public Relations Chief Financial Officer
Cardtronics is a registered trademark of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
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