STRATEGIC PARTNERS
February 27, 2002
OCEANSIDE, Calif. -- Greenland Corporation, a provider of automated financial services machines that can provide payroll check-cashing, payday advances, ATM functionality, phone card sales, money order dispensing, electronic money transfer and bill payment, has been selected by CMG, Inc. and approved by Wal Mart to provide automated check-cashing machines on a test basis in five Wal Mart stores on the West Coast.
The machines will include check cashing, but no ATM, money order, payday advance or phone card services. The rollout will begin in March.
Wal Mart is interested in testing automated check-cashing machines in its stores. After Wal Mart contracted with Sacramento, Calif.-based CMG, Inc. to provide management support for this project, CMG recommended that the Greenland automated check-cashing machines be deployed.
"We are extremely pleased to have been selected by CMG, Inc. to supply our automated check-cashing machines for the Wal Mart test. We are equally pleased to have formed a strong working relationship with CMG, Inc., a company that has successfully worked with Wal Mart for 12 years," said Greenland Corporation CEO Louis Montulli.
"We have spent a significant amount of time and effort in refining our machines and are very confident in ther ability to provide broad-based, automated, user-friendly financial services to the customer in convenient locations where our customers shop," Montulli added.
