Ace Cash Express (NASDAQ:AACE)
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ACE Cash Express Raises Over $100,000 for March of Dimes
DALLAS, July 12 /PRNewswire-FirstCall/ -- ACE Cash Express, Inc.
(NASDAQ:AACE), announced that it raised over $100,000 for the March of Dimes, a
non-profit organization that funds cutting edge research and innovative
programs to save babies from birth defects, premature birth and low
birthweight.
Thanks to the generosity of its customers and employees throughout ACE's store
network, ACE donated $100,000 during the 2004 campaign. ACE more than doubled
its contribution of $44,000 raised during the 2003 campaign. Nearly a half a
million people in 1,100 communities nationwide participate each year in
WalkAmerica -- the March of Dimes largest fundraiser and one of America's most
loved walking events. During WalkAmerica 2004, more than 200 ACE employees
joined 20,000 companies across the country to walk with thousands of supporters
of the March of Dimes.
"This is the second year that ACE has participated in this worthwhile event for
the March of Dimes," stated Jay B. Shipowitz, President and Chief Executive
Officer of ACE. "The generosity of our customers and employees continues to
reach new heights and we are happy to support the March of Dimes."
"The March of Dimes is honored to have such a strong national partnership with
ACE Cash Express," stated Julie Heffernan, March of Dimes National Director of
Corporate Relations. "Their hard work and enthusiasm has certainly led to a
very successful year and we appreciate their efforts. ACE Cash Express is
helping us ensure that one day, every baby in America will be born healthy."
Forward-looking Statements
This release contains certain "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. These statements are
generally identified by the use of words such as "expect," "anticipate,"
"estimate," "believe," "intend," "plan," "target," "goal," "should," "would,"
and terms with similar meanings.
Although the Company believes that the current views and expectations reflected
in these forward-looking statements are reasonable, these views and
expectations, and the related statements, are inherently subject to risks,
uncertainties, and other factors, many of which are not under the Company's
control and may not even be predictable. Any inaccuracy in the assumptions, as
well as those risks, uncertainties and other factors, could cause the actual
results to differ materially from these in the forward-looking statements.
These risks, uncertainties, and factors include, but are not limited to,
matters described in the Company's reports filed with the Securities and
Exchange Commission, such as:
-- the Company's relationships with Republic Bank & Trust Company, with
Travelers Express and its affiliates, with its bank lenders, and with
H&R Block;
-- the Company's relationships with providers of services or products
offered by the Company or property used in its operations;
-- federal and state governmental regulation of check cashing, short-term
consumer lending and related financial services businesses;
-- any litigation regarding the Company's short-term consumer lending
activities;
-- theft and employee errors;
-- the availability of adequate financing, suitable locations,
acquisition opportunities and experienced management employees to
implement the Company's growth strategy;
-- increases in interest rates, which would increase the Company's
borrowing costs;
-- the fragmentation of the check cashing industry and competition from
various other sources, such as banks, savings and loans, short-term
consumer lenders, and other similar financial services entities, as
well as retail businesses that offer services offered by the Company;
-- the terms and performance of third-party services offered at the
Company's stores; and
-- customer demand and response to services offered at the Company's
stores.
The Company expressly disclaims any obligation to update or revise any of these
forward-looking statements, whether because of future events, new information,
a change in the Company's views or expectations, or otherwise. The Company
makes no prediction or statement about the performance of its Common Stock.
About the Company
ACE Cash Express, Inc. is a leading retailer of financial services, including
check cashing, short-term consumer loan and bill payment services, and the
largest owner, operator and franchisor of check cashing stores in the United
States. As of March 31, 2004, the Company had a network of 1,203 stores in 36
states and the District of Columbia, consisting of 988 company-owned stores and
215 franchised stores. The Company focuses on serving unbanked and underbanked
consumers, many of whom seek alternatives to traditional banking relationships
in order to gain convenient and immediate access to check cashing services and
short-term consumer loans. The Company's website is found at
http://www.acecashexpress.com/ .
About the March of Dimes
The March of Dimes is a national voluntary health agency whose mission is to
improve the health of babies by preventing birth defects and infant mortality.
Founded in 1938, the March of Dimes funds programs of research, community
services, education, and advocacy to save babies, and in 2003, launched a
five-year campaign to address the increasing rate of premature birth. For more
information visit the March of Dimes website at http://www.marchofdimes.com/ or
in Spanish at http://www.nacersano.org/ .
DATASOURCE: ACE Cash Express, Inc.
CONTACT: Eric Norrington, VP of Communications & Government Relations,
+1-972-550-5032, or , or Darla Ashby, Director
of Communications, +1-972-550-5037, or , both of ACE
Cash Express, Inc.
Web site: http://www.acecashexpress.com/
http://www.marchofdimes.com/
http://www.nacersano.org/