Card Capture Services Announces Second-Quarter Revenues.PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 17, 1997-- Second-Quarter Transactions Up 86 Percent Over Second-Quarter 1996 Card Capture Services Inc. (CCS (1) (Common Channel Signaling) A communications system in which one channel is used for signaling and different channels are used for voice/data transmission. Signaling System 7 (SS7) is a CCS system, also known as CCS7. See SS7. ) installed 340 new ATMs to its portfolio during the months of April, May and June of this year, bringing the total number of ATMs under CCS management as of June 30, 1997, to 2,940 nationwide. As a result, the company posted an average of 868,930 transactions per month during second-quarter 1997, compared to an average of 466,944 transactions per month during second-quarter 1996. Second-quarter revenues for the four-year-old, privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. exceeded $5.7 million. Card Capture Services Inc. was incorporated in May 1993 in Portland, Ore. CCS offers turnkey ATM programs providing transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , machine maintenance, customer service, accounting and reporting to a growing base of merchant owned and operated Automated Teller Machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (ATMs) nationwide. By tapping non-traditional and unrealized markets, CCS is leading the wave of independent ATM deployments nationally. The company currently has 34 employees and a nationwide network of 45 independently contracted dealers. CONTACT: Lane Advertising & Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Amy Moore, 503/221-0480 |
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