HOUSTON, Feb. 26, 2009 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (Nasdaq:COST) and Cardtronics, Inc. (Nasdaq:CATM) have extended their existing ATM placement agreement to include 41 locations throughout Oregon and Washington. With this expansion Cardtronics ATMs will now be available in 97% of the over 400 Costco warehouse locations in the United States.
Cardtronics, the world's largest non-bank ATM operator, has enjoyed a long-standing ATM placement agreement with Costco, the largest operator of wholesale clubs in the United States and one of the top 30 companies in the 2008 Fortune 500 ranking of the nation's largest public companies.
"Costco has been a valued customer and we are extremely pleased to extend and expand our ATM placement agreement," stated Brian Archer, Chief Marketing Officer at Cardtronics. "With our national presence, low cost structure, in-house processing capability, branding and surcharge-free programs, and high standards of availability and service, Cardtronics is the ideal partner to provide ATM and financial self-service solutions."
About Costco Wholesale Corporation
Costco currently operates 550 warehouses, including 403 in the United States and Puerto Rico, 76 in Canada, 21 in the United Kingdom, six in Korea, five in Taiwan, eight in Japan and 31 in Mexico. The Company also operates Costco Online, an electronic commerce web site, at www.costco.com and at www.costco.ca in Canada.
About Cardtronics, Inc.
Headquartered in Houston, Texas, Cardtronics (Nasdaq:CATM) is the world's largest non-bank operator of ATMs. Cardtronics operates approximately 32,950 ATMs across its portfolio, with ATMs in every major U.S. market, over 2,500 ATMs throughout the United Kingdom, and approximately 2,100 ATMs in Mexico. Major merchant clients include 7-Eleven(r), Chevron(r), Costco(r), CVS(r)/pharmacy, Duane Reade(r), ExxonMobil(r), Rite Aid(r), Safeway(r), Sunoco(r), Target(r), and Walgreens(r). Complementing its ATM operations, Cardtronics works with financial institutions of all sizes to provide their customers with convenient cash access and deposit capabilities through ATM branding, surcharge-free programs, and image deposit. Approximately 10,100 Cardtronics owned and operated ATMs feature bank brands. For more information, please visit www.cardtronics.com.
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