Cake Box Holdi. Regulatory News (CBOX)

17 Aug 2009 07:00



Cashbox plc

(The "Company")

Cashbox Wins Contract with The Orchid Group

Cashbox is pleased to announce that, following a competitive process, it has been awarded the contract for managing the ATM estate of The Orchid Group, which currently comprises 220 operational machines. Over the coming weeks the Company will be migrating these machines onto Cashbox's operating platform.

Orchid Pubs & Dining Ltd own a dynamic range of leisure retailers that incorporates over 300 pubs, bars and restaurants throughout the country, including Black Pubs Ltd, and is currently ranked as the fifth largest managed pub retailer in the UK.

Ciaran Morton, CEO of Cashbox, commented "Orchid is the latest in an impressive list of recent contract wins. In the last three months we have secured over 800 additional sites from new customers. This has enabled us to not only increase the overall size of our estate but also to churn machines in order to achieve higher transaction levels. The customer service and dedicated support that we offer is, we believe, second to none, helping Cashbox to achieve its goal of being the IAD of choice in the UK market."

ENDS

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