Global Axcess Corp Announces Consulting Agreement with Hayden IR to Develop and Implement...

Mon Jul 6, 2009 2:50pm EDT
 
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Global Axcess Corp Announces Consulting Agreement with Hayden IR to Develop
and Implement a Strategic Investor Relations Campaign

JACKSONVILLE, Fla., July 6 /PRNewswire-FirstCall/ -- Global Axcess Corp (OTC
Bulletin Board: GAXC) (the "Company" and "GAXC"), an independent provider of
self-service kiosk solutions, today announced it has retained Hayden IR
("Hayden"), a national, New York-based investor relations consulting firm, to
develop and implement a strategic investor relations campaign.

Mr. George McQuain, Chief Executive Officer of the Company, stated, "I am
pleased to announce that we have entered into a consulting agreement with
Hayden IR to help us maximize shareholder value.  Hayden was selected based on
its demonstrated capabilities and excellent references from both customers as
well as the investor community. Specifically, Hayden will help us develop,
implement, and maintain an ongoing investor relations campaign with the
general objective of expanding awareness among stockbrokers, analysts,
micro-cap portfolio/fund managers, and market makers. Hayden will implement
for us a comprehensive, customized approach which will concisely communicate
the performance, strategic vision, reputation, and competitive strengths of
GAXC to investors throughout the country. Additionally, Hayden will work
directly with us to address any investor concerns and improve perceptions
while communicating the key investment thesis for GAXC."
 
With offices in New York, Phoenix, Minneapolis and San Diego, Hayden IR
provides a comprehensive range of investor relations services to a growing
list of clients. For more than a decade, Hayden IR has been a recognized
leader in driving market recognition and creating sustainable competitive
advantages for more than 100 micro- and small-cap companies.  Hayden delivers
expertise and professionalism in such areas as investor management,
relationship building, awareness campaigns, online presence and corporate
identity.

Mr. Brett Maas, Managing Partner at Hayden IR, stated, "In my opinion, the
management of Global Axcess Corp has done a tremendous job of repositioning
the enterprise to differentiate it from others in the industry and to set the
stage for revenue growth and margin expansion.  In each of the last three
years, the Company has grown its revenue and generated free cash flow,
including 13 cents per share in free cash flow during fiscal 2008. Global
Axcess Corp is a profitable, publicly-traded company in the non-bank ATM
independent sales organization (ISO) segment of the market, and I believe this
financial performance is not reflected in its current share price. As the
seventh-largest non-bank, ATM ISO, the Company has established a profitable,
fully-integrated growth platform for the ownership, sale, distribution and
maintenance of transaction processing businesses. The Company's strategy to
leverage the national footprint to become a differentiated provider of
self-service kiosks of all kinds throughout the country will, in my opinion,
help the Company to achieve consistent growth and premium valuations."

Mr. George McQuain continued, "When deciding upon engaging an outside Investor
Relations firm, we felt that Hayden's services would be a natural complement
to our in-house IR initiatives.  We look forward to a successful and rewarding
partnership."

About Global Axcess Corp 
Headquartered in Jacksonville, Florida, Global Axcess Corp was founded in 2001
with a mission to emerge as the leading independent provider of self-service
kiosk services in the United States. Through its wholly owned subsidiary,
Nationwide Money Services, Inc. ("NMS"), the Company provides turnkey ATM
management solutions that include cash, project and account management
services. NMS currently owns, manages or operates approximately 4,300 ATMs in
its national network spanning 44 states. For more information on the Company,
please visit http://www.globalaxcess.biz. 

    Investor Relations Contact:
    Sharon Jackson: 904-395-1149
    IR@GAXC.biz

    Hayden IR:
    Brett Maas or Jeff Stanlis: (646) 536-7331
    Brett@haydenir.com / Jeff@haydenir.com


This press release may contain forward-looking statements. Such
forward-looking statements may be identified by, among other things, the use
of forward-looking terminology such as: "believes," "expects," "may," "will,"
"should" or "anticipates," or the negative thereof or other variations thereon
or comparable terminology, or by discussions of strategy that involve risks
and uncertainties. Various important risks and uncertainties may cause the
Company's actual results to differ materially from the results indicated by
these forward-looking statements. For a list and description of the risks and
uncertainties the Company faces, please refer to Part I, Item 1 of the
Company's Annual Report on Form 10-K, filed with the Securities and Exchange
Commission on March 3, 2009, and other filings that have been filed with the
Securities and Exchange Commission. The Company assumes no obligation to
update any forward-looking statements, whether as a result of new information,
future events or otherwise, and such statements are current only as of the
date they are made.



SOURCE  Global Axcess Corp

Investor Relations: Sharon Jackson, Global Axcess Corp, +1-904-395-1149,
IR@GAXC.biz; or Brett Maas, Brett@haydenir.com, or Jeff Stanlis,
Jeff@haydenir.com, both of Hayden IR, +1-646-536-7331

 

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