Global Cash Access Files Registration Statement for Offering of Common Stock
LAS VEGAS, May 11, 2006 (BUSINESS WIRE) -- Global Cash Access Holdings, Inc. (NYSE:GCA) today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 10.4 million shares of its common stock (excluding the over-allotment option). The offering is expected to include only shares sold by certain selling stockholders. The identities of the selling stockholders, number of shares to be offered by each selling stockholder, and price of the offering have not yet been determined. The offering will be made only by means of a prospectus. JPMorgan is acting as sole book-running manager for the offering. When available, written copies of the prospectus relating to the offering may be obtained by contacting: JPMorgan National Statement Processing Prospectus Library 4 Chase Metrotech Center CS Level Brooklyn, NY 11245 Tel: 718-242-8002 Fax: 718-242-1350 A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. About Global Cash Access Holdings, Inc. Las Vegas-based Global Cash Access Holdings, Inc. (NYSE: GCA) is the parent of Global Cash Access, Inc., a leading provider of cash access products and related services to approximately 985 gaming properties and other clients in the United States, Continental Europe, the United Kingdom, Canada 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. SOURCE: Global Cash Access Holdings, Inc. Global Cash Access Holdings, Inc.
Harry C. Hagerty, 702-262-5003
hhagerty@gcamail.com
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