eFunds Expands ATM Fleet

- SCOTTSDALE, Ariz. (05/17/02) - eFunds Corp. saidThursday it has acquired Samsar ATM Company, Inc, a Seattle-basedindependent provider of ATM services which manages more than 1,000ATMs in the northwest. The deal builds eFunds ATM fleet, much of itthrough the company's Access Cash subsidiary, to more than 12,000ATMs, one of the biggest ATM fleets in the country. eFunds paid$3.3 million in cash for Samsar. In a related development, eFundssaid will split off its ATM services into a division separate fromits core electronic funds transfer (EFT) transactionbusiness.

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