Contract Win - Novus Leisure

Cashbox PLC 11 December 2006 Cashbox PLC ('Cashbox' or 'the Company') Cashbox PLC appointed as sole ATM provider to Novus Leisure Cashbox PLC (AIM: CBOX), the independent ATM deployer and operator, announces that it has been awarded sole supplier status of ATMs for venues owned by Novus Leisure Ltd., which include its Tiger Tiger locations. There are currently 35 viable venues and the initial terms of the contract will see Cashbox installing 40 machines across the estate. Each ATM will be deployed using the Company's free Placement Model, whereby the individual retailer replenishes the machine, eliminating the need for third party cash-handling costs. Through its partnership agreements Cashbox now has over 27,000 sites where it can assess the viability of installing an ATM machine, many of these on an exclusive basis. The Company, which continues to focus on the UK market, carries out a detailed survey on each site before committing to installation to ensure that it meets the relevant criteria to achieve profitability. Phil Pothercary, Head of Purchasing at Novus Leisure, said: 'We have been extremely impressed with the Cashbox offering, from the lack of risk involved through to the excellent 24/7 after sales that they provide, and we look forward to working closely with them.' Carl Thomas, Chief Executive of Cashbox plc, said: 'This contract with Novus Leisure adds another high profile operator to our already impressive client list, and is further vindication that our focus on support service and minimising the risk for our clients makes us the ATM provider of choice in today's market.' ---ENDS--- Cashbox PLC 0870 126 2274 Carl Thomas, CEO Threadneedle Communications 020 7936 9606 Josh Royston/Graham Herring Notes to editors Cashbox is a leading independent ATM deployer (IAD) with an estate of more than 1,200 ATMs in locations around the UK. Cashbox installs and operates an estate of ATMs, typically on five to seven year contracts, at sites throughout the UK where there is a demand for cash withdrawal services and where customers are willing to pay a convenience fee. The Company differentiates itself from other UK ATM suppliers by offering the Placement Model, whereby the ATM is purchased by Cashbox under lease hire. The ATM is FREE to the merchant. The machines are replenished by the merchant, eliminating the need for third party cash handling costs. The Company also focuses heavily on post placement technical support and service via its in-house 24/7 helpdesk that is supported by a team of Cashbox trained and certified personnel. Cashbox was granted membership of LINK in March 2004, allowing Cashbox to incorporate its ATMs in the LINK network. Cashbox also has a Bank of England settlement account and became the first IAD in the UK to become completely compliant 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
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