PORTLAND, Ore., Aug. 19 /PRNewswire-FirstCall/ — TRM Corporation
(Pink Sheets: TRMM) has made a correction to its second quarter 2008 earnings
press release issued on August 14, 2008 over PR Newswire. The original
release stated that “in the second quarter of 2008, selling, general and
administrative expense increased by $636,000 million to $5.0 million from
$4.3 million in the second quarter of 2007.” That sentence should read “In
the second quarter of 2008, selling, general and administrative expense
increased by $636,000 to $5.0 million from $4.3 million in the second quarter
of 2007.”
About TRM Corporation
TRM Corporation is a consumer services company that provides convenience
ATM services in high-traffic consumer environments. TRM’s ATM customer base
is widespread, with retailers throughout the United States. TRM operates the
second largest non-bank ATM network in the United States.
FORWARD LOOKING STATEMENTS
Statements made in this news release that are not historical facts are
forward-looking statements. Actual results may differ materially from those
projected in any forward-looking statement. Specifically, there are a number
of important factors that could cause actual results to differ materially from
those anticipated in the forward-looking statements, such as consumer demand
for our services; access to capital; changes in interest rates; maintaining
satisfactory relationships with our banking partners; our ability to continue
to reduce attrition in our existing ATM estate and to add new ATMs;
technological change; our ability to control costs and expenses; competition
and our ability to successfully implement our acquisition strategy. Additional
information on these factors, which could affect our financial results, is
included in our annual report on Form 10-K for the fiscal year ended December
31, 2007 and in our quarterly report on Form 10-Q for the quarters ended March
31 and June 30, 2008 under the caption “Risk Factors” and elsewhere in such
reports. Finally, there may be other factors not mentioned above or included
in our SEC filings that could cause actual results to differ materially from
those contained in any forward-looking statement. Undue reliance should not
be placed on any forward-looking statement, which reflects management’s
analysis only as of the date of the statement. We assume no obligation to
update any forward-looking statements as a result of new information, future
events or developments, except as required by applicable law.
SOURCE TRM Corporation