Global Cash Access Opens Macau Office.First Office/Showroom Outside of U.S. for Gaming Industry Leader 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 GCA, ground-controlled approach: see instrument-landing system. ), a leading provider of cash access products and related services to the gaming industry, has opened an office in Macau as a base to serve the rapidly growing Asia-Pacific gaming industry. The office is GCA's first outside of the U.S. with full-time staff and product demonstration capabilities. GCA currently serves three gaming facilities in the region, and it expects that number to grow as the market continues to develop. Seven casinos are currently under construction in Macau and nearby destinations. "Macau has quickly become one of the world's most important and dynamic gaming markets, so it makes sense for us to have an even stronger presence there," said Scott Dowty, senior vice president, international business of GCA. "Our suite of products and services for casino operators is unsurpassed, and this new office reinforces GCA's round-the-clock service commitment to our current and prospective clients in Macau and the Asia-Pacific region." Through GCA, casino patrons have improved access to cash, and casinos better understand and service their patrons through an array of GCA-powered marketing applications, Dowty said. GCA offers Macau casinos advanced ATM technology, cashless gaming products, information services See Information Systems. and marketing services, including: * QuikCash Plus(TM) 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 operations. It processes multiple financial transactions through one device, streamlining operations and increasing the speed of transactions. * QuikCash(TM) cash advance terminals are customer-activated, touch screen terminals that provide casino 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. Available in kiosk, countertop, wall-mount, free-standing and handheld models, QuikCash terminals can be installed virtually anywhere in a gaming establishment. * The 3-in-1 Enabled QuickJack(TM)Plus is a multi-function patron kiosk that incorporates the 3-in-1 rollover A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover. functionality for cash access into self-service kiosks for slot ticket redemption services provided by NRT NRT Nicotine Replacement Therapy NRT Norm-Referenced Test NRT near real time NRT Non-Real-Time NRT National Response Team NRT Tokyo, Japan - Narita (Airport Code) NRT Net Registered Tonnage Technology Corporation. * Central Credit, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of GCA, 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. * EDITH EDITH Exit Drills In The Home (Fire Prevention) EDITH European Development on Indexing Techniques for Databases with Multidimensional Hierarchies (Electronic Debit Interactive Terminal Housing) is a compact kiosk placed at the end of a row of slot machines. It allows casino patrons to purchase slot, or ticket-in ticket-out (TITO), vouchers with their debit card. EDITH is reliable and simple to use. Patrons simply insert and remove their debit card, enter their personal identification number (PIN) and request an amount. Upon approval of the transaction, a bar-coded slot voucher is then dispensed from EDITH's voucher printer. An optional receipt is also provided upon the patron's request. The bar-coded slot voucher may then be inserted into a TITO-enabled slot machine or redeemed at a cashier station. 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 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 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. , the United Kingdom, Canada, the Caribbean and Asia. 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) our ability to enter into agreements with Macau gaming operators, (b) the expansion and growth of the gaming market in Macau, (c) 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. neither intends nor undertakes an obligation to update or qualify any of the forward-looking statements made herein. |
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