STRATEGIC PARTNERS
September 22, 2002
PONTE VEDRA BEACH, Fla. -- Global Axcess Corp. (OTC Bulletin Board: GLXS), which through its wholly owned subsidiaries owns and operates ATMs and provides ATM processing, services and software, says that it has been approved for listing on the Berlin Stock Exchange.
According to a news release, the Berlin trading symbol is GLS and the German securities code is WKN 578 071. Also according to the release, the Geneva Group facilitated the company's listing on the Berlin Exchange and is coordinating European investor relations.
In the second quarter of 2002, Global Axcess reported gross revenues of $3 million resulting in net income of $48,000, versus revenue of $430,000 and a net loss of $978,000 for year-earlier quarter.
In June, Global Axcess said it had retained New Jersey-based securities broker-dealer M.H. Meyerson & Co. Inc. to help it raise $20 million in combined credit facility, debt and equity funding.
