Cashbox (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, 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, 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."