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Money Centers of America's ONswitch Transaction Management System Secures Multiyear Contract Renewal with New Mexico's Largest Casino |
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KING OF PRUSSIA, Pa., Aug. 1 /PRNewswire-FirstCall/ -- Today Money Centers of America
"This renewal validates our conviction in ONswitch(TM) as the catalyst that will cause a paradigm shift in casino cash access services by eliminating the need for large gaming operators to contract with third party vendors, thus making outsourced services for large gaming companies extinct," said Chris Wolfington, Chairman and CEO of Money Centers of America. "Our ability to take back the substantial lost profits associated with outsourcing our cash access services made the ONswitch(TM) decision easy. The flexibility to determine when and how we transition to it with Money Centers of America's crawl, walk, run deployment strategy virtually eliminated any operational or transition risk to our casino," said Victor Montoya, Governor, Pueblo of Sandia. About Money Centers of America Money Centers of America, Inc. provides cash access, the OnSwitch(TM) transaction management system, and financial networks to the gaming industry, utilizing a customer-centric approach that is aimed at leveraging technology, generating value, and creating measurable results in profitability, customer satisfaction and loyalty. For a complete corporate profile on Money Centers of America, Inc., please visit our corporate website at http://www.moneycenters.com/ . Safe Harbor All statements in this document that are not historical are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Money Centers of America's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Money Centers of America's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled "Risk Factors "' in Money Centers of America's annual report on Form 10-K for the year ended December 31, 2006. Money Centers of America expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained in this document.
CONTACT: Christopher Wolfington, CEO of Money Centers of America, Inc.,
Web site: http://www.moneycenters.com/ |
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