HOUSTON, Jan. 22, 2008 (PRIME NEWSWIRE) -- Circle K, one of the largest convenience store operators in the United States and the world, has chosen Cardtronics, Inc. (Nasdaq:CATM) to process ATM transactions for Circle K owned and operated ATMs across the United States Midwest and Great Lakes regions.
Cardtronics, the world's largest operator of ATMs, began developing its own proprietary ATM transaction processing network in 2006. In addition to the Circle K ATMs, Cardtronics currently processes transactions for 14,000 Cardtronics-operated ATMs. All remaining Cardtronics ATMs will transition to Cardtronics' in-house processing network during 2008.
"Cardtronics' processing network allows us to provide additional value to our merchant customers, maintain tighter control over the consumer experience and provide new value-added services that will benefit consumers and Cardtronics' merchant customers alike," said Jerry Garcia, Cardtronics' Chief Information Officer. "Through our processing network, Cardtronics can provide service for any ATM, even when not owned and operated by Cardtronics."
About Cardtronics
Headquartered in Houston, Texas, Cardtronics (Nasdaq:CATM) is the world's largest owner/operator of ATMs. Cardtronics operates over 31,600 ATMs across its portfolio with ATMs in every major U.S. market as well as approximately 2,000 ATMs throughout the UK and over 1,000 ATMs in Mexico. Major merchant-clients include 7-Eleven(r), A&P(r), Albertson's(r), BP(r) Amoco, Chevron(r), Costco(r), CVS(r)/pharmacy, Duane Reade(r), ExxonMobil(r), Hess Corporation(r), Rite Aid(r), Sunoco(r), Target(r), and Walgreens(r). The company's common stock is traded on NASDAQ under the symbol CATM. For more information about Cardtronics, please visit www.cardtronics.com.
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About Circle K
Circle K Stores are a subsidiary of Alimentation Couche-Tard Inc., the leader in the Canadian convenience store industry. In North America, Couche-Tard is the second largest independent convenience store operator in terms of number of stores. Couche-Tard's network is comprised of 5,637 convenience stores, 3,434 of which include motor fuel dispensing, located in nine large geographic markets, including six in the United States covering 29 states and three in Canada covering six provinces.