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United Trading.com entering ATM arena

February 20, 2002

IRVINE, Calif. - Software creator United Trading.com has entered an agreement with Quick Draw ATM Inc. (QDI) to acquire all QDI outstanding shares, according to a company news release.

The acquisition represents Las Vegas-based United Trading.com's entry into the ATM financial services arena. The company specializes in Internet gaming and lottery markets.

QDI operates nearly 40 company-owned ATMs and provides operating management and access to operating ATMs in the Western United States. QDI's current growth plan focuses on acquiring installed ATMs from other unspecified owners and operators, according to a news release.

The merger could be finalized within 30 days.


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