HOUSTON, April 27, 2011 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM owner, today announced that New York State-based Wegmans Food Markets, one of the largest private companies in the U.S., has selected Cardtronics as the exclusive provider of ATM services to its entire chain of 77 supermarkets located in New York, Pennsylvania, New Jersey, Virginia and Maryland.
Installation of Cardtronics-owned ATMs has already begun, with full-deployment of 86 machines expected by early summer. Select Wegmans Food Markets locations will house multiple Cardtronics ATMs; additionally, some of the ATMs will be placed in Wegmans administrative offices for employee use. A privately-held, family-owned company since 1916, Wegmans Food Markets employs over 41,000 people.
"Wegmans is a perfect illustration of what Cardtronics means when describing its retail ATM network as being in the 'right' locations. Reflecting on nearly 100 years of business success by Wegmans, as well as recent expansion of the chain, Cardtronics has once again placed its ATMs in high-traffic retail locations," said Rick Updyke, president, U.S. Business Group, Cardtronics. "Having earned a reputation for putting a premium on customer convenience services, Wegmans has built the kind of brand loyalty that helps make Cardtronics' retail ATM network so attractive for financial institutions eager to extend their brands into retail locations."
About Wegmans Food Markets
Wegmans Food Markets, Inc. is a 77-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, and Maryland. The family-owned company, founded in 1916, is recognized as an industry leader and innovator. Wegmans has been named one of the '100 Best Companies to Work For' by FORTUNE magazine for fourteen consecutive years. In 2011, Wegmans ranked #3 on the list.
About Cardtronics, Inc.
Cardtronics (Nasdaq:CATM) is the world's largest non-bank owner of ATMs. The Company operates over 34,000 ATMs in the United States, the United Kingdom, Mexico and the Caribbean, primarily with well-known retailers such as 7-Eleven®, Chevron®, Costco®, CVS/pharmacy®, ExxonMobil®, Hess®, Rite Aid®, Safeway®, Target® and Walgreens®. Cardtronics also assists in the operation of over 2,900 ATMs under managed services contracts with customers such as Kroger®, Travelex® and Circle K®. In addition to its retail ATM operations, the Company provides services to large and small banks, credit unions and prepaid card issuers allowing them to place their brands on over 11,900 Cardtronics' ATMs and providing surcharge-free access through Cardtronics' Allpoint Network. For more information, visit www.cardtronics.com.
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