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Microcap & Penny Stocks : ATSM - ATS Money Systems -- Ignore unavailable to you. Want to Upgrade?

To: J. A. Pina, Jr. who wrote (26)	8/3/1999 10:54:00 AM
From: GARY P GROBBEL	Read Replies (3) \| Respond to of 47

This just out...stock 1.00/1.06..Flemming is BIG: (PR Wires) PRW: ATS Money Systems, Inc., to Provide In-Store Cash Manag PRW: ATS Money Systems, Inc., to Provide In-Store Cash Management Systems to Fleming Companies ENGLEWOOD, N.J., Aug. 3 /PRNewswire/ -- ATS Money Systems, Inc., (OTC Bulletin Board: ATSM) announced today that it has entered into an agreement with the Fleming Companies, Inc., to provide in-store cash management systems through its Retail Financial Services Group. The Retail Financial Services Group offers comprehensive financial services and programs to more than 3,000 affiliate supermarkets. The Retail Financial Services Group, after extensive evaluation has endorsed and will offer a new program featuring the ATS-601 Digital Counting Scale, ATS Manual MICR Check Encoder, ATS PowerEncode Check Encoder and the ATS-CP4000 Cash Office. These systems cut the cost associated with a store's cash and check processing. The Fleming Companies, headquartered in Oklahoma City, Oklahoma, with annual revenues of over $15 billion, is the nation's #2 wholesale food distributor. Fleming Companies supplies national-brand and private-label food and general merchandise products to more than 6,500 retailers (including more than 3,000 supermarkets). Mr. James H. Halpin, Executive Vice President of ATS Money Systems, Inc., commented, "We are pleased to add the Fleming Companies to the ATS supermarket client list and are excited about working with Fleming's Retail Financial Services Group in providing cost-cutting in-store cash management system to its affiliate stores." ATS Money Systems, Inc., has systems installed in major retailers such as: Target Stores, T. J. Maxx, The Home Depot, The Kroger Company, Ames Department Stores, Wendy's, and Carson Pirie Scott & Co. ATS Money Systems, Inc., is engaged in the development, sales and service of currency counting systems running on DOS, UNIX, Windows 95 and Windows NT platforms for department and chain store cash offices. The wholly-owned subsidiary, Innovative Electronics, Inc., is a major supplier to the retail marketplace, providing an end-to-end solution that integrates point-of-sale, in-store processing and host applications in a distributed computing network. Statements made in this Press Release, other than those concerning historical financial information should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made based on management's belief as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from those expressed in or implied by such forward-looking statements as a result of a variety of factors, including among others, those identified in the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 1998. A copy of such Annual Report is obtainable from the EDGAR database Internet web site maintained by the Securities and Exchange Commission at http:/www.sec.gov/edgarhp.htm. Additional factors that could cause or contribute to such differences include general economic conditions, economic conditions in the industries in which the Company's customers compete, a determination by the Company's customers to prolong the test cycles of the company's equipment, software and software support services and a determination by the Company's customers to modify or change their underlying computer and cash reporting systems. The Company undertakes no obligation to release publicly the results of any revisions to its forward-looking statements that may be made in this Press Release to reflect events for circumstances occurring after the date of this Press Release or to reflect the occurrence of other unanticipated events. /CONTACT: Gerard F. Murphy, President and CEO of ATS Money Systems, Inc., 201-894-1700, or fax, 201-894-0958/ 10:21 EDT * end of story *