NationWide Money

Tuesday, December 22, 2009

Global Axcess Corp Announces Significant Expansion of DVD Kiosk Initiative For 2010

- Company Anticipates Rolling Out Up to 10 DVD Kiosks per Month in 1H 2010;

Ramping to 15-20 per Month in Last Half of Year -

JACKSONVILLE, Fla., December 22, 2009 /PRNewswire-FirstCall/ -- Global Axcess Corp (OTC Bulletin Board: GAXC - News; the "Company"), an independent provider of self-service kiosk solutions and parent company of Nationwide Money Services www.nationwidemoney.com, today announced that as the result of its successful 24 DVD kiosk pilot program, management plans a significant expansion of the initiative during 2010, positioning the Company to compete aggressively in the expanding kiosk rental industry.

Based on the success of the pilot program, and due to positive outcomes from adjustments made in initially underperforming markets, the Company expects to roll out between five and 10 DVD kiosk locations per month in the first half of 2010. Management expects to accelerate this schedule to 15-20 kiosks per month through the remainder of 2010. Any additional contract wins from new or existing customers would represent upside potential to this schedule. The Company believes that approximately 30% of its current 4,500 ATM locations make them well suited for the addition of DVD kiosks.

Mr. George McQuain, Chief Executive Officer of Global Axcess, stated, "With the positive results of our DVD rental kiosks pilot program, which we began in the last half of 2009, we believe there is a largely unmet addressable market for DVD kiosks that will not only allow us to penetrate the market but also allow us to displace incumbents. We are excited about this opportunity to deploy our solution on a much broader scale. Our goal is to leverage our ability to deploy, manage, maintain and process transactions from a wider range of self-service kiosks beyond the traditional ATM. In addition, the Company will evaluate accretive DVD kiosk acquisition opportunities – both asset only and cash-flow positive existing networks in geographically unique regions – to accelerate our planned organic growth. We believe our aggressive move into the DVD kiosk market has significant upside revenue growth opportunities for us."

"Many of our existing customers have inquired about DVD kiosks for their locations, and other potential customers have expressed frustration with current vendors, so we are confident a large opportunity exists for our industry leading customer service," Mr. McQuain continued. "Management and our Board of Directors carefully followed our pilot program, and based on the strong performance in most locations, and the successful adjustments in initially underperforming locations which resulted in steady improvements, we are confident we can move forward on a more aggressive basis."

About Global Axcess Corp

Headquartered in Jacksonville, Florida, Global Axcess Corp was founded in 2001 with a mission to emerge as the leading independent provider of self-service kiosk services in the United States. The Company provides turnkey ATM and other self-service kiosk management solutions that include cash and inventory management, project and account management services. Global Axcess Corp currently owns, manages or operates more than 4,500 ATMs and other self-service kiosks in its national network spanning 43 states. For more information on the Company, please visit http://www.globalaxcess.biz. 7800 Belfort Parkway, Suite 165, Jacksonville, FL 32256 www.globalaxcess.biz

Investor Relations Contacts:

Sharon Jackson: 904-395-1149

IR@GAXC.biz

Hayden IR:

Brett Maas or Jeff Stanlis: (646) 536-7331

Brett@haydenir.com / Jeff@haydenir.com

This press release may contain forward-looking statements. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as: "believes," "expects," "may," "will," "should," or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Various important risks and uncertainties may cause the Company's actual results to differ materially from the results indicated by these forward-looking statements. For a list and description of the risks and uncertainties the Company faces, please refer to Part I, Item 1 of the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2009, and other filings that have been filed with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, and such statements are current only as of the date they are made.