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Cash Systems Signs Contract with Ho-Chunk Nation Casinos6 May 2003MINNEAPOLIS, Minnesota -- (Press Release) -- Cash Systems, Inc. (OTC Bulletin Board: CSHS), a provider of cash access solutions for the gaming industry, announced today that it has entered into an agreement to provide check cashing, credit card cash advance and ATM services at the four Ho-Chunk Nation casinos, located in central Wisconsin. Cash Systems will be operating a full-service check cashing facility in each of these casinos, which includes Ho-Chunk Casino in Baraboo, WI, Majestic Pines Casino in Black River Falls, WI, Rainbow Casino & Bingo in Nekoosa, WI and Dejope Bingo Entertainment in Madison, WI. Collectively, these four casinos are the largest gaming operation in the State of Wisconsin. Cash Systems also renewed its agreement with Leech Lake Gaming, which operates three casinos in northern Minnesota for the Leech Lake Band of Ojibwe. Under this new five year agreement, Cash Systems will provide full service check cashing, credit card cash advance and ATM services at the Northern Lights Casino in Walker, MN, Palace Casino in Cass Lake, MN and White Oak Casino in Deer River, MN. Cash Systems is also pleased to announce that it recently installed its All-in-1 ATMs at Alton Belle Casino in Alton, IL and Treasure Island Resort & Casino in Welch, MN. This type of ATM allows customers to initiate a credit or debit card cash advance from the ATM machine. Craig Potts, the company's President and Chief Executive Officer, stated, "We are very excited about our agreement with the Ho-Chunk Nation. Ho-Chunk is one of the premier Native American gaming operations in the country and does a very significant amount of check cashing, cash advance and ATM business. Furthermore, our installation of the All-in-1 ATM signifies Cash Systems' continued development of cash access technology, a primary reason for our strong growth in revenue and client base." |