Cash Systems, Inc. Enhances Management Team
15 Agosto 2005 - 3:01PM
Business Wire
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.
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