JACKSONVILLE, Fla., Nov. 14, 2012 /PRNewswire/ ---- Global Axcess Corp (OTC Bulletin Board: GAXC - News; the "Company"), an independent provider of self-service kiosk solutions, today announced that it has reached agreement to deploy InstaFlix DVD kiosks with Sedanos grocery stores. Sedanos is a leading grocery store chain in central and southern Florida. 10 DVD kiosks will be deployed by late November and will serve as a pilot program. 22 additional kiosks will be deployed by the end of January 2013 subject to the positive performance of the initial units. The Company will utilize its DVD kiosks stored in its warehouse to service this new customer.
"We are pleased that Sedanos has selected Global Axcess for the deployment of DVD kiosks in their stores. We look forward to a strong and continuing relationship providing new entertainment options to Sedanos customers," commented Kevin L. Reager, Chief Executive Officer of Global Axcess. The DVD deployment will be managed by Nationwide Ntertainment Services, Inc. a wholly owned subsidiary of Global Axcess Corp.
About Global Axcess Corp
Headquartered in Jacksonville, Florida, Global Axcess Corp was founded in 2001 with a mission to emerge as the leading independent provider of self-service kiosk services in the United States. The Company provides turnkey ATM and other self-service kiosk management solutions that include cash and inventory management, project and account management services. Global Axcess Corp currently owns, manages or operates approximately 5,100 ATMs and DVD kiosks in its national network spanning 43 states. For more information on the Company, please visit http://www.globalaxcess.biz. For more information on Nationwide Money Services, please visit http://www.nationwidemoney.com.
Investor Relations Contacts:
Sharon Jackson: 904-395-1149
This press release may contain forward-looking statements. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as: "believes," "expects," "may," "will," "should," or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Various important risks and uncertainties may cause the Company's actual results to differ materially from the results indicated by these forward-looking statements. For a list and description of the risks and uncertainties the Company faces, please refer to Part I, Item 1A of the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 30, 2012, and other filings that have been filed with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, and such statements are current only as of the date they are made.
SOURCE Global Axcess Corp