×

Cardtronics Grows Chicago Transit Authority Relationship

HOUSTON, June 10, 2016 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM) today announced a new ATM services contract with Chicago Transit Authority, the nation's second largest public transportation system. Extending and expanding a relationship established in 2013, the renewal agreement places Cardtronics ATMs at more than 80 CTA train and bus stations.

According to the new agreement, Cardtronics will place nearly 40 new ATMs at numerous CTA passenger stations, replacing existing equipment at those locations. Expanding upon Cardtronics’ existing CTA portfolio of 45 ATMs, the additional machines are scheduled to be installed this summer, bringing Cardtronics’ total ATM fleet at CTA stations to more than 80.

Michael Gwinn, Director, Revenue and Fare Systems, Chicago Transit Authority said:
“Providing CTA riders with convenience options such as ATM cash access is part of CTA’s overall efforts to improve the customer experience. Cardtronics continues to be a valued partner in that effort.”

David Dove, President, North American Business Group, Cardtronics said:
“Cardtronics welcomes this opportunity to make our ATMs available to even more Chicago Transit Authority stations and riders. Serving the City of Chicago and its neighboring communities, CTA provides 1.64 million rides on an average weekday, making these stations excellent high-traffic locations for our ATMs.”

About Cardtronics (NASDAQ:CATM)
Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics provides services to approximately 195,000 ATMs in North America and Europe. Whether Cardtronics is driving foot traffic for North America and Europe's top retailers, enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.

Contact Information:

Media Relations
Nick Pappathopoulos
Director – Public Relations
832-308-4396
npappathopoulos@cardtronics.com
Investor Relations
Phillip Chin
EVP Corporate Development & Investor Relations
832-308-4975
ir@cardtronics.com

Cardtronics is a registered trademark of Cardtronics, Inc.

All other trademarks are the property of their respective owners.

Source:Cardtronics, Inc.