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Cash Systems, Inc. Announces New Contract

Business Wire, March 15, 2007

LAS VEGAS -- Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced a new multi-year contract with The Meadows Racetrack and Casino where Cash Systems will provide it's full line of cash access services including all-in-1atm services, casinopc for cash advance services, and ecash checking.

The Meadows Racetrack and Casino will be the first casino to open in Western Pennsylvania. Located 25 miles south of the city of Pittsburgh in Washington County, The Meadows Racetrack and Casino is expected to open the temporary casino on May 1, 2007 with 1730 slot machines while construction begins on the $450 million permanent facility. Once the 250,000-square-foot, two story permanent gaming facility is completed, it will hold over 3,000 slot machines and also include:

* A bar, lounge and stage in the center of the casino floor

* Two-story theater with tiered seating and balcony

* Premier steak house

* Multi-tiered 700-seat buffet style restaurant with views of the gaming floor and racetrack

* Sports bar connected to a simulcast center

* Climate-controlled grandstand seating

* Sky lit viewing gallery overlooking the racing paddock

* Convention area

* VIP area overlooking the lounge with a select view of the racetrack

The Meadows Racetrack and Casino will provide a fully integrated gaming and racing experience while providing jobs and contributing millions to the local economy.

Michael Rumbolz, Chairman and Chief Executive Officer of Cash Systems, said "We are extremely excited about our agreement with The Meadows Racetrack and Casino, our first location in the state of Pennsylvania. We believe that our selection as their provider reflects the confidence Cannery Casino Resorts have in our product offerings and our proven dedication to customer service. We believe that this facility with its close proximity to Pittsburgh coupled with the operational expertise of the Cannery Casino Resorts group and our cutting edge technology will become the destination point for gaming patrons throughout Western Pennsylvania and the surrounding states."

Cash Systems all-in-1atm offers patrons an ATM with multifunction capability. Patrons can select an ATM cash withdrawal or select a POS Debit or Credit Card transaction all from the same ATM.

casinopc is an exclusive product of Cash Systems that offers the full range of services for processing and completing transactions at the casino cage, all residing on one system. By having all the functionality on one system, the casino cage experiences transactions at a much faster pace, saving time and increasing customer satisfaction.

ecash checking is the quickest and most efficient check cashing and guarantee product in the industry. Casino cage personnel experience faster check cashing times with higher limits for casino patrons.

About Cash Systems, Inc.

Cash Systems, Inc., located in Las Vegas, with additional offices in San Diego and Minneapolis, is a provider of cash-access and related services to the retail and gaming industries. Cash Systems' products include its proprietary cash advance systems, ATMs and check cashing solutions. Please visit http://www.cashsystemsinc.com for more information.

This press release may contain forward-looking statements, including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, the successful execution of the Company's plan of operation, changes in the Company's anticipated earnings, continuation of current contracts, gaming and other applicable regulations, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10K and 10Q. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update any forecasts that it may make available to the investing public.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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