July 10, 2014 2:58 AM ET

Professional Services

Company Overview of Better ATM Services, Inc.

Company Overview

Better ATM Services, Inc. supplies patented technology enabling a fleet of ATMs to load, activate, and dispense gift cards and other prepaid media just like cash directly from existing ATM cash cassettes with minimal modification. It offers card design and track-IT system solutions; open, closed, and online cards; and advertising, incentives/promotions, and specialty product solutions. The company also licenses its technology to ATM and prepaid card industry participants. It serves ATM manufacturers, ATM driver processors, ATM merchant card processors, and independent sales organizations. Better ATM Services, Inc. was founded in 2004 and is based in Mesa, Arizona.

6402 East Superstition Springs Boulevard

Suite 213

Mesa, AZ 85206

United States

Founded in 2004

Phone:

480-296-2033

Fax:

480-346-0200

Key Executives for Better ATM Services, Inc.

Acting Chief Executive Officer and Acting President
Chairman and Executive Vice President of Enabling Technologies
Co-founder and Vice President
Founder and Director
Chief Financial Officer and Director
Compensation as of Fiscal Year 2014.

Better ATM Services, Inc. Key Developments

Better ATM Services Announces Management Changes

Better ATM Services, Inc. announced changes to its leadership team to accelerate the company's plan for profitable growth. Effective immediately, Howard Green will assume the role of Acting President and Chief Executive Officer. He will be leading Better ATM Services' next phase of growth with a particular focus on go-to-market strategies, creating new product commercialization opportunities and expanding leadership resources. In addition, technology industry standouts Mark Olson and Dan Perez are joining Better ATM Services' Board of Directors. Current President and CEO Todd Nuttall will assume the role of EVP, Enabling Technologies. Howard Green has held numerous senior executive and leadership roles, which have been distinguished by his successes in technology commercialization as well as building business alliances, market programs, sales pipelines, and profitability. Green productized and launched Apple's initial version of FaceTime and speech products as Divisional General Manager for global product management and engineering. He was part of the Apple team that created franchise markets in QuickTime streaming, desktop engineering, and U.S. small business. Mark Olson is a Silicon Valley veteran who spent more than 25 years with Intel Corporation where he built a reputation for achievement in product development, product management, marketing management and numerous additional management roles.

Better ATM Services Expands Reseller Network Through New Contract with Advanced Network Inc

Better ATM Services announced it has finalized a reseller agreement with Advanced Network Inc. As a result of the agreement, ANI becomes a member of Better ATM Services' reseller network and will offer Better ATM Services' patented technology and ATM-issued Visa gift cards to more than 60 financial institutions and their 600 ATMs in California.

Better ATM Services Launches Reseller Network Inking First Agreement with Express Teller Services

Better ATM Services announced it has inaugurated a reseller network with the signing of its first agreement with Express Teller Services. The agreement enables third party ISOs and IADs to offer ATM-issued Visa gift cards and other prepaid products expanding their services to financial institutions. Express Teller Services becomes the exclusive reseller for credit unions in Arizona through the reseller accord. The pact builds upon the strong partnership between Better ATM Services and Express Teller Services, which began when Express Teller Services piloted Better ATM Services' pioneering, patented technology with Arizona-area credit unions. As a result of the new pact, Visa prepaid gift cards and Discover MyGift multi-merchant gift cards will initially be offered at three First American Credit Union locations in Southern and Northeast Arizona, and New Mexico. First American Credit Union will host the cashless ATMs with expectations that the introductory phase will be expanded to a wide scale roll-out in the near future.

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