Cash Systems, Inc. Awarded Patent
14 Oktober 2005 - 3:00PM
Business Wire
Cash Systems, Inc. (Amex: CKN), a provider of cash access solutions
for the gaming industry, today announced that it has been awarded
U.S. Patent No. 6951302, covering the Company's technology that
immediately captures and transfers data from a drivers license to a
customer database. This technology allows a casino to swipe a
patron's drivers license to complete a credit card cash advance
transaction in under 60 seconds, while immediately populating a
casino's customer database. Michael Rumbolz, Chairman and Chief
Executive Officer of Cash Systems stated, "In the casino
environment, time equals money, and this patent covers our existing
ability to significantly expedite the credit card cash advance
process where it matters most, on the casino floor. Instead of
manually inputting key data into a database, we enable our casino
clients to do this in real time with the swipe of a drivers
license." About Cash Systems, Inc. Cash Systems, Inc., located in
Minneapolis and Las Vegas, 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 10-KSB and 10-QSB. 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.
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