HOUSTON, Nov. 1, 2013 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM) today announced a long-term agreement with Houston-based Landmark Industries — naming Cardtronics the exclusive provider of ATM services for Timewise Food Stores, a leading convenience store chain serving Texans since 1982. The newly formed relationship adds more than 225 company-owned cash machines to Cardtronics' fleet of brand-able ATMs. Cardtronics is the world's largest retail ATM owner.
As part of a long-term relationship, Cardtronics will install and operate more than 225 Cardtronics-owned ATMs at Timewise Food Stores, with high densities of locations in Houston and San Antonio. All Timewise Food Stores locations will be converted to Cardtronics ATM services before end-of-year; Cardtronics also has expansion rights for future Timewise Food Stores locations.
Cardtronics' new portfolio of ATMs is immediately available to financial institutions interested in elevating brand awareness and fee-free account access by way of Cardtronics' ATM Branding program. Serving Texans for more than 30 years, Timewise Food Stores has earned a reputation for fast and friendly service in clean and well-lit stores, featuring quality branded fuel, fresh merchandise and clean restrooms.Bob Duff, partner, Timewise Food Stores said: "We are very excited to soon have Cardtronics as our exclusive ATM services provider. We have historically managed our ATM operations in-house and bringing Cardtronics on as our complete ATM services provider will be a very positive move both in terms of benefiting from the latest state of the art equipment, as well as their very fine service. Equipment, service and Cardtronics' proven ability to secure ATM branding partners makes perfect sense for us as we seek to best serve our customers." Rick Updyke, president of Cardtronics' North America Business Group said: "Convenience store operators today seek greater efficiencies, a superior customer experience and higher transaction volumes to help drive merchandise sales. As Cardtronics becomes the exclusive provider of ATM services to Timewise Food Stores, we look forward to making life easier for Timewise and their customers, as well as the financial institutions that will take advantage of this new ATM branding opportunity to more conveniently serve their customers."
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