Cash Systems, Inc. (Amex: CKN), a provider of cash access solutions for the gaming industry, today announced that Katherine W. Bloomfield was appointed to Chief Information Officer and that Steven R. Staehr was appointed to Controller. Ms. Bloomfield joins Cash Systems with twenty years of technology and operations experience. She was Vice President of Operations at Visionshare Inc. in St. Paul, Minnesota, where she was directly responsible for technical operations, product development and support, and business and information systems. Prior to joining Visionshare Inc. in 2003, Ms. Bloomfield spent four years as Vice President of Technical Operations at Stellent, Inc., where she was responsible for the delivery of consulting services, product training and support, as well as all aspects of the Company's technical operations. Previous to joining Stellent, Inc. in 1998, she was a Principal Consultant at PriceWaterhouseCoopers LLP, and held various project management positions at Apertus Technologies (acquired by Oracle) and Empros (formerly a division of Control Data Corporation). Mr. Staehr was Vice President and Chief Financial Offer of Encore Productions, a full-service entertainment production and audio visual equipment rental company based in Las Vegas, Nevada. Prior to his six years at Encore Productions, he spent over nine years in senior financial and accounting positions within the gaming industry. Mr. Staehr was the Corporate Controller at Mirage Resorts, Inc. from 1997 through 1999, where he was responsible for all aspects of financial reporting and financial management for the hotel and casino, as well as coordination with outside auditors, the IRS, state and local authorities, the Securities and Exchange Commission and various lending institutions. Before joining Mirage Resorts, Inc., Mr. Staehr was the Assistant Corporate Controller at Boyd Gaming Corporation, an operator of 14 hotel and casino properties throughout the U.S., which has annual revenues exceeding $1 billion per year. Previous to his six years at Boyd Gaming Corporation, he was the Senior Corporate Internal Auditor at Caesars World, Inc. a casino operator in Las Vegas, Nevada, as well as a Senior Staff Account at Deloitte & Touche CPA's. Michael Rumbolz, Chairman and Chief Executive Officer of Cash Systems stated, "It is my pleasure to welcome Kate and Steve to Cash Systems. Their accomplished careers in information technology and operations, and finance and accounting, respectively, further enhance our management team and do so in key areas of investment for Cash Systems. We look forward to their contributions." 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.
Cash Systems (AMEX:CKN)
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