Agreement with Marston's

20 Jun 2007 07:02

Cashbox PLC20 June 2007 Cashbox PLC ("Cashbox" or "the Company") Cashbox appointed sole supplier for ATMs Drive on Marston's Pub Company Cashbox PLC (AIM:CBOX), the independent ATM deployer and operator, is pleased toannounce that it has been appointed sole supplier for an ATM drive on Marston'sPub Company, the tenanted division of Marston's. Marston's, formerly known as Wolverhampton and Dudley Breweries, has 1,708 pubsin its tenanted estate. The ATMs will be placed using Cashbox's Placement Model, whereby aconvenience-fee ATM is placed with the tenant free of charge and replenished bythem, eliminating the need for third party cash-handling costs. Each ATM is thentreated as an individual entity, with Cashbox monitoring performance andensuring that the tenant is fully trained and supported in its use. Ciaran Morton, Chief Executive, of Cashbox plc, said:"This is a very exciting contract for Cashbox and builds upon our strongpresence in the pub sector. Marston's Pub Company has an excellent estate andour experience in this area shows that the installation of an ATM can help todrive both footfall and revenues for the tenant. This is a significantappointment and we will be working with tenants to install the ATMs whereappropriate in the timeliest fashion." James Coxon, Leisure Machine Executive, of Marston's Pub Company commented:"The Cashbox model means that our tenants can offer their customers anadditional service with absolutely no financial risk to themselves. The productis the best in its field and the outstanding after sales service support makesCashbox the obvious partner." - Ends - For further information: Cashbox PLC 0870 126 2274Ciaran Morton, Chief Executive Threadneedle Communications 020 7936 9606Josh Royston/Graham Herring Notes to editors Cashbox is an independent ATM deployer (IAD) which installs and operates anestate of ATMs, typically on five to seven year contracts, at sites throughoutthe UK where there is a demand for cash withdrawal services and where customersare willing to pay a convenience fee. The Company differentiates itself from other UK ATM suppliers by offering thePlacement Model, whereby the ATM is purchased by Cashbox under lease hire. TheATM is FREE to the merchant. The machines are replenished by the merchant,eliminating the need for third party cash handling costs. The Company alsofocuses heavily on post placement marketing backing as well as technical supportand service via its in-house 24/7 helpdesk that is supported by a team ofCashbox trained and certified personnel. Cashbox was granted membership of LINK in March 2004, allowing Cashbox toincorporate its ATMs in the LINK network. Cashbox also has a Bank of Englandsettlement account and became the first IAD in the UK to become completelycompliant with the Triple DES security standard in June 2004. The Company is listed on the AIM market of the London Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange