XTRACASH ATM UNVEILS NEW ATM MANAGEMENT PROGRAM

Banks Can Outsource ATM Placement, Management and Marketing Functions

SAN DIEGO: XtraCash ATM, Inc., a leading provider of ATMs and related services to merchant locations, announces its new ATM Management program for banks. With its new trademark: "XtraCash ATM: The ATM Management Company(TM)," the company aims to leverage its state-of-the-art back office to provide turnkey ATM solutions for banks.
Under the new program, banks with existing ATM networks can turn over the maintenance, cash replenishment, and marketing functions to XtraCash ATM. Existing networks can be rolled into XtraCash ATMs multi-million dollar information system, which accommodates effective cash management, customer care, and data warehousing. Banks without a network can arrange for XtraCash ATM to install one with entirely new equipment.

XtraCash ATM is a national reseller of NCR and Triton systems. These ATMs can either be purchased or leased from XtraCash ATM. Large discounts are available to XtraCash ATM customers because of the volume buying power XtraCash ATM has with NCR and Triton.

Both small and large financial institutions can benefit from outsourcing their ATM management functions.

"We allow small community banks the opportunity to take advantage of the ATM boom without the corresponding cost in infrastructure," said Kurt Schusterman, XtraCash ATMs Senior Vice President of Sales & Marketing. "Outsourcing to XtraCash ATM provides them with an affordable means to increase their customer service and reduce the lines at their teller windows."

Large financial institutions benefit from outsourcing as well because they might not have the experience to locate and secure profitable ATM locations. Schusterman added that outsourcing ATM management could significantly reduce the costs associated with the back-office technology and on-staff personnel required to maintain the ATMs and keep them stocked with cash.

About XtraCash ATM, Inc.

XtraCash ATM, the ATM Management Company(TM), provides a full-range of ATM services for all types of retailers and financial institutions. The company owns and operates over 200 ATMs in McDonalds restaurants in Southern California and Arizona. In addition to transaction processing, the company offers on-screen advertising, coupons and other multi-media features that make ATM ownership even more valuable. XtraCash ATM manages over 1,200 terminals in more than 100 market areas nationwide. Other services include merchandising and signage programs, installation and site selection services, extended warranties, and nationwide cash replenishment/armored car services. Personnel include 40 corporate office employees and a national sales force.

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