Global Cash Access Signs Contracts with 22 Gaming Properties
LAS VEGAS--(BUSINESS WIRE)--Oct. 28, 2005--Global Cash Access Inc., a leading provider of cash access products and related services to the gaming industry, recently signed or renewed contracts with 22 gaming properties. GCA offers a number of products and services, including ATM technology, cashless gaming and marketing services that help casino patrons access cash, help casinos better understand their customers and enhance a casino's patron marketing activities. "We look forward to providing highly dependable cash access products to these casinos and their patrons," said Diran Kludjian, executive vice president of North American and international sales for GCA. "It is extremely gratifying to continue relationships with our existing customers and welcome new customers to the GCA family." Properties that recently signed agreements with GCA are: About Global Cash Access Las Vegas-based Global Cash Access Inc., a wholly owned subsidiary of Global Cash Access Holdings Inc. (NYSE: GCA), is a leading provider of cash access products and related services to approximately 960 gaming properties and other clients in the United States, 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, credit card cash advances, point-of-sale (POS) debit card transactions, check verification and warranty services, and Western Union money transfers. The company 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 the company's Web site at www.globalcashaccess.com. Forward-Looking Statements 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 (i) the gaming establishments named in this press release will continue to use the products or services described in this press release, or (ii) the products or services described in this press release will increase operational efficiency, result in more cash on the gaming floor, or improve the financial results of gaming establishments. 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, (b) the failure of the products or services described in this press release to perform as expected, be accepted and used by gaming establishment patrons as expected, or be utilized by cashier personnel as expected, (c) the failure of gaming establishment patrons to use all of the cash accessed through the products and services described in this press release on the gaming floor, and (d) 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 assume any obligation to update or qualify any of the statements made herein. CONTACT: Investors:
Global Cash Access
Harry C. Hagerty, 702-262-5003
hhagerty@gcamail.com
or
Media:
Katcher Vaughn & Bailey
Kristi Gooden, 615-248-8202
kgooden@kvbpr.com
SOURCE: Global Cash Access
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