News

Euronet drives ATMs for new network in Guam

December 27, 2001

LEAWOOD, Kan. and TAMUNING, Guam -- Euronet Worldwide (Nasdaq: EEFT) is now driving ATMs and providing other ATM services for Western Island Networks, LLC. (WIN), headquartered in Tamuning, Guam.

WIN, the first independent ATM operator in Guam, is targeting locations in high-traffic tourist areas. Euronet is providing WIN with ATM processing services, including monitoring, dispatch, maintenance, telecommunications, authorization and customer support, through its Dash network services division based in Little Rock, Ark.

"WIN is very excited about breaking new ground in Guam by providing their customers with convenience ATMs in high-traffic areas," said Michael A. Tougher III, managing member of Western Island Networks, LLC. "We are forecasting placing approximately 120 ATMs across Guam and neighbor island retail and transportation locations in the next couple of years."

"This outsourcing agreement will help increase our transaction volume in our U.S.-based processing center, in addition to expanding our global reach to new geographic markets," said Michael Brown, Euronet Worldwide chief executive officer and chairman.