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Loomis Fargo and FireKing Form Strategic Alliance

Loomis, Fargo & Co. and FireKing Security Group have announced a strategic marketing alliance aimed to provide retailers with integrated cash management services. By combining FireKing cash handling safes interfaced to the POS system with remote view software with armored car collection from Loomis, Fargo and Co., retailers are offered a complete closed loop system with many benefits.

The product combination offers retailers a secure, fast and efficient way to realize a bank deposit for their cash. The process is secure because cash is deposited in an audited safe upon receipt. It is fast because the bank will credit the retailer’s account on a daily basis even if the money is still in the safe. It is efficient because it eliminates bank charges, reduces labor costs, reduces time spent on administration, and can dramatically reduce the number of bank accounts needed. In some cases only one bank account is required for a national chain of stores.

“We’ve been seeking a partnership with a company like FireKing for some time. We are impressed with their product quality and the high level of service that they provide customers. We feel that the combination of FireKing’s cash handling equipment with our unparalleled service will enhance our offering and help make our customers more competitive,” Edward Hamlett, Executive VP Sales Marketing for Loomis, Fargo and Co. said.

“Gaining an alliance with the leading national armored car service has been a goal for quite some time at FireKing,” commented Van Carlisle, CEO and President of FireKing. Carlisle continued: “Loomis, Fargo & Co. is currently offering their customers some of the most sophisticated services available today, and this synergistic alliance will serve to enhance our “Edge Plus” remote software offering, which in turn will allow retailers to enjoy much improved cash flow.”

Loomis, Fargo & Co.’s Vice President National Accounts and Vice President Branch Sales John Kenny will coordinate activities with a FireKing sales team headed by Lloyd Jones, VP Sales, and Garry Ash, Business Development Manager.

About Loomis, Fargo & Co.
With almost 300 branches and over 8,500 employees, Loomis, Fargo & Co. is the leading cash-in-transit company in the United States. The Company provides a variety of Armored Car, ATM and Cash Vault Services for banks and other financial institutions, as well as for commercial enterprises throughout the country. Using Oracle and other proprietary applications, Loomis, Fargo & Co. is the most technologically advanced company in its industry, enhancing its service performance and offering an ever-growing number of b-Business solutions that help make our customers more competitive. Loomis, Fargo & Co. is a wholly owned subsidiary of Securitas AB, the largest security company in the world. Additional information about Loomis, Fargo & Co. can be found at www.loomisfargo.com.