Global Axcess Ekes Out Second QuarterProfit

PONTE VERDRA, Fla. - (08/12/05) -- Global Axcess Corp., which isbuilding an independent fleet of ATMs, said second quarter earningsdeclined slightly to $295,911, or two cents a share, from $366,123,or a penny a share, for the same quarter last year. The companyreported a 74% surge in revenues for the second quarter to $5.4million. For the first six months of the year, Global Axcessreported a near doubling in revenues to $10.2 million, and a slightincrease in net income to $474,828, or three cents a share, form$456,292, or two cents a share, for the first half last year.Global Axcess said earlier this week it has signed an agreement toacquire 1,500 more ATMs, giving it a total of 5,000 cash machinesthroughout the East Coast, many of them made available forco-branding by credit unions.