HOUSTON, July 23, 2012 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM owner, today announced its United Kingdom subsidiary, Bank Machine, has made Shell U.K. service stations the newest additions to the company's roster of premier retail locations. As part of a long-term ATM services relationship formed earlier this year, by the end of 2012 Bank Machine will install, own and operate more than 600 free-to-use ATMs at Shell U.K. company-owned sites.
All Shell U.K. company-owned sites supported by Bank Machine will receive ATMs outfitted in Shell colors, and complete with on-screen marketing and receipt couponing functionality. Upon completion of the ATM installation project, Bank Machine will have consolidated multiple ATM services relationships for Shell U.K. Additionally, all Bank Machine-owned, Shell U.K.-located ATMs will be folded into Allpoint Network and its ATM locator immediately upon installation. Allpoint Network is a Cardtronics affiliate and operator of the world's largest surcharge-free ATM network.
"Backed by Bank Machine's reputation for integrity, reliability and attractive ATM presentation, Shell U.K. can move forward with confidence as we consolidate a number of ATM services relationships with Bank Machine," said David Wood, marketing manager, Shell U.K. Retail. "Equally, Bank Machine shares our commitment to make the ATMs free-to-use and thereby widely accessible to our customers."
"The opportunity for Bank Machine to install ATMs in hundreds of Shell U.K. locations represents substantial growth for Cardtronics' U.K. ATM portfolio, which opened 2012 with a fleet of 3,500 machines," said Ron Delnevo, managing director, Bank Machine. "Beyond the numbers, being selected and trusted with consolidating the ATM services offered by a premier global retailer of the magnitude of Shell is a validation of our leadership role among ATM service providers."
Editor's note: Cardtronics previously disclosed the execution of a contract with a major petroleum and convenience store operator in the United Kingdom as part of its 2012 first quarter earnings news release. Shell U.K. is the "major petroleum and convenience store operator" alluded to in that earnings announcement.
About Shell U.K.
At Shell we pride ourselves on being fuels experts and our aim is to educate and help consumers understand the benefits of the fuels they choose to put in their vehicles. We do this primarily through constantly investing in Fuels Technology, but also strive to improve our customer service and accessibility by expanding our network to offer our products & services to more drivers. We have for example recently re-introduced Forecourt Attendants to nearly 300 of our retail sites across the U.K. They not only offer to re-fuel customers' cars but will also carry out basic car care checks and provide fuels advice. We have also recently acquired a further 250 sites across the country so that more drivers can have access to our fuels.
About Bank Machine
Bank Machine created the U.K.'s independent ATM market 13 years ago and now has more than 4,000 cash machines in numerous retail outlets, from Selfridges to convenience stores, service station forecourts, and leisure locations. Bank Machine currently serves more customers each month than any other independent ATM operator. More than 80 percent of Bank Machine's withdrawals are free-to-use transactions. Bank Machine is the first ATM operator to install a network of £5 note-only dispensing cash machines, which can now be found in more than 500 total sites across the U.K. Based in Hatfield, Hertfordshire, Bank Machine is a subsidiary of Cardtronics, Inc. (Nasdaq:CATM) and employs more than 250 people. www.bankmachine.com.
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About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live their lives, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 54,900 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America's most relevant retailers, enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.
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