MCAM renews Sandia Casino contract

KING OF PRUSSIA, Pennsylvania -- (PRESS RELEASE) -- Today Money Centers of America (OTC Bulletin Board: MCAM), a provider of cash access services, transaction management systems, and financial networks for the gaming industry announced it has renewed a multi-year contract with The Sandia Casino, New Mexico's largest casino. The renewal includes the option for the Sandia Casino to own and operate their own payment processing platform through the purchase of Money Centers of America's proprietary ONswitch(TM) Transaction Management System. The ONswitch(TM) option was a significant factor in securing the renewal.

"This renewal validates our conviction in ONswitch(TM) as the catalyst that will cause a paradigm shift in casino cash access services by eliminating the need for large gaming operators to contract with third party vendors, thus making outsourced services for large gaming companies extinct," said Chris Wolfington, Chairman and CEO of Money Centers of America.

"Our ability to take back the substantial lost profits associated with outsourcing our cash access services made the ONswitch(TM) decision easy. The flexibility to determine when and how we transition to it with Money Centers of America's crawl, walk, run deployment strategy virtually eliminated any operational or transition risk to our casino," said Victor Montoya, Governor, Pueblo of Sandia.