Cash Systems (AMEX:CKN)
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From Dec 2019 to Dec 2024
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.