Global Axcess Launches 300 Rental Kiosks
The burgeoning DVD rental kiosk space has another player after Global Axcess Corp. reported installing 300 of a planned 323 kiosks with a major grocery store chain.
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Global Axcess Corp Begins Deployment of DVD Kiosks at Major Grocery Chain
In aggregate, across the Global Axcess system, the Company will have 165 DVD kiosks deployed by Saturday, July 31.
Global Axcess secures $17M credit facility
Global Axcess Corp. on Monday said it secured $17 million from Fifth Third Bank to reduce the company’s cost of debt and extend its ability to fund expected growth in both the ATM and DVD kiosk business lines.
Global Axcess earnings soar 229 percent
Global Axcess Corp. on Thursday said its emerging DVD rental kiosk business helped drive first-quarter earnings increase of 229 percent to $318,568 compared to $96,762 in the first quarter of last year.
First quarter 2009 net income included non-cash expenses of $467,391 related to the payoff of debt balances with two senior lenders and related parties, the company said.
Global Axcess To roll out between five and 10 DVD kiosk locations per month in the first half of 2010
We began leveraging that expertise in our DVD kiosk pilot initiative mid year, and due to its success, management recently announced a significant expansion of the program during 2010, positioning the Company to compete aggressively in the expanding kiosk rental industry.
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