November 28, 2011 – Press Release

FOR IMMEDIATE RELEASE

Tremont Capital Group Facilitates Acquisition of ATM Assets

SAN JOSE, CA – November 28, 2011 – ACFN, a large ATM Independent Sales Organizations (ISO), today announced its acquisition of various ATM assets owned by an undisclosed east coast-based ISO. Boston, MA-based Tremont Capital Group, Inc., a firm that specializes in providing strategic planning and merger & acquisition advisory services to the ATM industry, advised and represented the seller in the transaction and served as the broker to the deal.

With this portfolio acquisition, ACFN will now have a network of more than 1,600 locations nationwide.

“The assets in this acquisition were a very good fit for ACFN complementing and expanding our core business” said Jeffrey Kerr, President and CEO of ACFN. “We specialize in full service placement relationships where our unique business model provides ACFN with a sustainable competitive advantage”.

“This transaction was a great fit in all respects for both the buyer and the seller,” said Sam M. Ditzion, CEO of Tremont Capital Group, which advised the seller on the deal. “The ATM industry’s consolidation continues and 2012 will see a large number of these types of transactions.”

Financial terms of the agreement and other details were not disclosed.

About Tremont Capital Group
Tremont Capital Group is the leading provider of business strategy consulting and merger & acquisition advisory services to the ATM ISO industry. To learn more about the services provided by Tremont Capital Group, please visit www.tremontcapitalgroup.com or call 617-482-8866.