Global Cash Access Grows European Reach with Five New Agreements.Contracts Cap a Year of Solid International Expansion for GCA GCA, ground-controlled approach: see instrument-landing system. 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. -- Global Cash Access (GCA) continues its international expansion in the European market with the execution on new agreements with five properties in the United Kingdom. GCA, a leading provider of cash access products and related services to the gaming industry, offers a number of products and services, including ATM technology, cashless gaming products and marketing services that help casino patrons access cash, help gaming establishments better understand their patrons, and enhance gaming establishments' patron marketing activities. Properties signing agreements with GCA are: * Soul Casino, Aberdeen, Scotland * Clermont Club Casino, London, England * Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. Casino, Liverpool, England * Paris Casino, Blackpool, England * Thistle thistle, popular name for many spiny and usually weedy plants, but especially applied to members of the family Asteraceae (aster family) that have spiny leaves and often showy heads of purple, rose, white, or yellow flowers followed by thistledown seeds (a favorite Marble Arch Marble Arch is a white Carrara marble monument near Speakers' Corner in Hyde Park, at the western end of Oxford Street in London, England, near the tube station of the same name. , London, England The new contracts cap a year of solid global expansion for GCA, in which GCA, through its wholly-owned subsidiaries, signed numerous agreements with international gaming establishments located in the United Kingdom, Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. , Canada and the Caribbean. GCA also entered into the Asia-Pacific region by signing a bank sponsorship agreement with Banco Weng Hang S.A. and multi-year agreements for the provision of GCA's products and services with Galaxy Casino, a leading operator of casino, hotel and entertainment facilities in Macau. "We're delighted to close a successful year of international expansion with these agreements," said Scott Dowty, GCA's senior vice president for international business. "This growth has been fueled in part by GCA's ongoing commitment to providing to every establishment in every region the same service and attention we provide to our U.S. customers. That includes live customer support, especially to non-English speaking customers, in 150 languages, 24 hours day, seven days a week." All properties, with the exception of Thistle Hotel, will use GCA's QuikCash[TM] cash advance terminals and QuikCash Plus[TM] (QCP QCP Quality Control Plan QCP Quality Control Program QCP Qualcomm Pure Voice QCP Quiet Community Program QCP Quantized Classical Path QCP Quality Circle Program QCP Quantitative Chemistry and Physics (course) ) Web. "We have recently installed QCP Web into our casino and are very pleased with the GCA service and product," said Pierre Coulon, director and general manager of Paris Casino in Blackpool. "QCP Web has enabled us to offer our patrons improved customer service, more cash access options and more revenue to our gaming floor." QuikCash[TM] cash advance terminals provide patrons with point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and credit card cash advance transaction options, while QCP Web is a proprietary browser-based, full-service cash access transaction processing system A Transaction Processing System (TPS) is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system. for casino cashier CASHIER. An officer of a moneyed institution, who is entitled by virtue of his office to take care of the cash or money of such institution. 2. The cashier of a bank is usually entrusted with all the funds of the bank, its notes, bills, and other choses in operations. Thistle Hotel will offer Central Credit. A wholly-owned subsidiary of GCA, Central Credit is the leading source for gaming credit information with a proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide. To allow gaming establishments to improve their credit-making decisions, Central Credit offers a variety of tools, including check verification, underwriting of gaming patron credit requests, pre-approved credit screening and gaming credit reports. About Global Cash Access, Inc. Las Vegas-based Global Cash Access, Inc., a wholly-owned subsidiary of Global Cash Access Holdings, Inc. (NYSE NYSE See: New York Stock Exchange : GCA), is directly, or through its wholly-owned subsidiaries, a leading provider of cash access products and related services to approximately 1,060 gaming properties and other clients in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Continental Europe, the United Kingdom, Canada, the Asia-Pacific region and the Caribbean. GCA's products and services provide gaming establishment patrons access to cash through a variety of methods, including ATM cash withdrawals, POS debit card transactions, credit card cash advances, check verification and warranty services and Western Union money transfers. GCA provides products and services that improve credit decision-making, automate cashier operations and enhance patron marketing activities for gaming establishments. With its proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide, GCA is recognized for successfully developing and deploying technological innovations that increase client profitability, operational efficiency and customer loyalty. More information is available at GCA's web site at www.globalcashaccess.com. 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. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such forward-looking statements include, but are not limited to, any statement or implication that the gaming establishments named in this press release will continue to use the products or services described in this press release. Such forward-looking statements involve risks and uncertainties that, if realized, could materially impair Global Cash Access Holdings, Inc.'s results of operations, business, and financial condition. These risks and uncertainties include, but are not limited to, (a) the termination of one or more of the contracts with gaming establishments described in this press release, and (b) the factors discussed from time to time in reports filed by Global Cash Access Holdings, Inc. with the Securities and Exchange Commission. The forward-looking statements contained in this news release are made as of the date hereof, and Global Cash Access Holdings, Inc. does not intend, and undertakes no obligation to, update or qualify any of the forward-looking statements made herein. |
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