Cash Systems Launches Smart Processing Solutions(TM).LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Cash Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CKNN), a provider of cash access solutions for the gaming industry, announced today that it has launched Smart Processing Solutions(TM) via the transformation of its acquiring platform to deliver premier customer service. Through the integration of advanced transaction routing capabilities developed by Smart Processing Suite Inc., a division of the TNS TNS transcutaneous neural stimulation. Group of Companies, Cash Systems will gain more control over processing of its cash access solutions. Michael Rumbolz, Chairman and Chief Executive Officer of Cash Systems stated, "We continue to be the industry innovator through the introduction of new products and services that enhance our customers' profitability. This switching capability will allow us to process all of our own transactions thereby reducing costs we currently incur from third parties. We expect to begin seeing benefits in the fourth quarter and particularly in 2007." The enhanced acquiring and reporting platform supports an advanced application engine offering high-speed 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. capable of flawlessly switching transactions. Furthermore, advanced communications and messaging capabilities enable the system to be directly connected to an endless variety of networks and applications offering more flexibility in delivering new products and services to its gaming customers such as totalcash, cashclub[TM], stay-n-play and powercash, the soon-to-be introduced line from the Company's joint venture with Bally bally Adjective, adv Brit old-fashioned, slang extreme or extremely: a bally nuisance, he's too bally charming for his own good Adj. 1. Technologies and Scotch Twist. "Casino customers are the most demanding in terms of their transactional and uptime requirements and with these new enhancements, customers of Cash Systems will see long term benefits of Cash Systems gaining more control of its transactional and loyalty processing," stated Mischa Weisz, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Smart Processing Solutions Inc. About Smart Processing Solutions Inc. Smart Processing Solutions Inc. delivers turnkey, secure processing solutions coupled with superior customer service and support. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , the Smart Processing Suite(TM), a proven in-house transaction processing solution, currently drives approximately 25,000 ATMs across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Please visit http://www.smartpsolutions.com for more information. About Cash Systems, Inc. Cash Systems, Inc., located in Las Vegas, with additional offices in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and Minneapolis, is a provider of cash-access and related services to the retail and gaming industries. Cash Systems' products include its proprietary cash advance systems, ATMs and check cashing solutions. Please visit http://www.cashsystemsinc.com for more information. This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, the successful execution of the Company's plan of operation, changes in the Company's anticipated earnings, continuation of current contracts, gaming and other applicable regulations, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10K and 10Q. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update any forecasts that it may make available to the investing public. |
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