Access to Money Hires Technology Solutions Pro
- James Heller Will Focus on National Sales to Credit Unions and Banks -
CHERRY HILL, N.J., Jan. 24, 2011 /PRNewswire/ -- Access to Money, Inc. (OTC Bulletin Board: AEMI), one of the largest providers and non-bank operators of ATMs in the United States, has appointed James W. "Jim" Heller, age 40, to increase its national credit union and bank sales efforts.
Mr. Heller, a seasoned technology solutions sales professional, will be responsible for generating new bank and credit union customers for Access to Money and establishing branding partnerships for its off-premise portfolio, as the Company continues to focus on this segment of the ATM marketplace.
Richard Stern, President and CEO of Access to Money said, "The credit union community is a large and fairly untapped market for Access to Money. We believe that with Jim Heller leading our concerted sales and marketing efforts, we will be able to make more meaningful inroads into the market; offering credit unions and banks products and services that include placing off premise ATM's, ATM Processing, our Bank at School and Bank at Work programs, Branch Build Out, our Student Loan Origination Platform, and Cash Management and Security Systems. These products and services enable our financial institution customers to be more competitive in the marketplace, attract a new and younger membership, and diversify their product offerings. We welcome Jim to our Company and look forward to his contributions as we increase our footprint in the industry."
Mr. Heller has been focused on technology solutions for nearly twenty years, having spent more than fifteen years in sales and business development. Most recently he served two years as Account Executive/Director of Market Development focusing on Postal Solutions at Wincor Nixdorf, Inc. Prior to that, he was a Business Development Manager at Flextronics/Solectron Corp., a provider of outsourced manufacturing and related supply chain services to electronics OEMs. He also worked for Avnet, one of the world's largest distributors of electronic components and computers, where he held various sales and business development positions. Mr. Heller earned his MBA from California State University at Fullerton, and his BS in Electrical Engineering from the University of Miami, in Florida.
About Access to Money, Inc.
Access to Money, Inc. is one of the largest providers and non-bank operators of ATMs in the United States. With approximately 10,700 terminals under contract, its customers range from national specialty stores, retailers and credit unions to individual convenience stores, and are located throughout all 50 states. Access to Money also provides student loan outsourcing services to university credit unions throughout the United States.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements other than statements of historical facts included herein, including without limitation, statements regarding our future financial position, business strategy, budgets, projected sales, projected costs and plans and objective of management for future operations, are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation there on or similar terminology or expressions. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to: a decline in ATM transaction volume or fees, changes in technology standards, regulatory changes, increases in interest rates, the inability to obtain cash for our ATMs, reduction in the number of transacting ATMs, market acceptance of our student loan processing services, demand for student loans, availability of credit, changes in regulations regarding student loans and financial institutions, and statements of assumption underlying any of the foregoing, as well as other factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2009 filed with the Securities and Exchange Commission and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the foregoing. We assume no duty to update or revise our forward-looking statements based on changes in internal estimates, expectations, or otherwise or to reflect events or circumstances after the date hereof.
SOURCE Access to Money, Inc.
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