Business All Stars Magazine (June 2002) Cover: ATM Network's Phil Rock

 

ATM Network's Phil Rock 

featured on June 2002 cover of

of Business All Stars Magazine (USA)

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HOUSTON, Aug. 8, 2012 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (Nasdaq:CATM) today announced that its wholly owned subsidiary, Cardtronics USA, Inc., has acquired all the assets of ATM Network, Inc., including its merchant contracts, customer relationships, online store and web properties, and its Minnesota-based head office. ATM Network's management team and employees are expected to join Cardtronics. The transaction was signed and closed on August 7.
ATM Network—founded in 1996, privately owned and headquartered near Minneapolis—provided ATM services to independent merchants, primarily on the local level. Expanding beyond its upper Midwest origins, ATM Network grew into a nationwide company, boasting a merchant client count topping 6,000. With that client base drawn from all 50 United States plus Washington, D.C., ATM Network had more than 6,200 (largely) merchant own-and-load ATMs under contract.
Addition of ATM Network Assets
Including its online store and direct-to-merchant sales engine, the assets of ATM Network deliver a complement to Cardtronics' existing independent merchant ATM business, which has historically filled its sales pipeline through indirect sales efforts, primarily through a network of dealer relationships. By acquiring ATM Network's assets, Cardtronics adds to an already sizeable portfolio of merchant own-and-load ATMs under contract, gains an established and sizeable direct-to-merchant sales team and brings greater balance to Cardtronics' dealer and direct merchant ATM sales outreach initiatives. ATM Network's legacy business relationships enhance Cardtronics' ability to more rapidly acquire independent merchant clients and a greater share of the collective U.S. ATM market.
"A year ago, we acquired Access to Money, bringing a new level of scale to our merchant own-and-load business. This move complemented our high-profile ATM placement and bank branding model, which has made Cardtronics so successful," said Steve Rathgaber, chief executive officer, Cardtronics. "This year, we've strengthened our commitment to the merchant line of business by acquiring the assets of the premier merchant own-and-load operation in the market today, ATM Network. We're particularly excited about the merchant leadership team that will be joining us through this deal. Cardtronics has a very strong management team. With this move, it just got even stronger." 

Philip Rock: Cash Machine Sales Pioneer

 

"Phil Rock" was a reluctant salesman and underwhelmed with his brother’s idea for diversifying the business. “I said, ‘Are you crazy? No one’s going to buy one of these machines,’ ” recalls Rock. While making the rounds trying to talk up the uninspiring GoFax machines, Rock happened to stop in a Seattle convenience store to buy a can of pop and a bag of chips.
He started talking to the owner, who said that he wanted a cash machine for his store, but lamented that the bank was going to charge him $1,500 a month for the pleasure. Rock went to his car to retrieve a brochure about the cash machine that his brother wanted to sell. “He looked at me and said, ‘I’ll buy it,’ ” says Rock.
The deal seemed effortless to Rock. His commission from the single sale equaled what was then a month’s salary. Rock immediately decided that he’d found a new calling. “I said, Jeff, I am now an ATM salesman,” says Rock.
Rock was reborn as an ATM evangelist. In his first month, he sold 25 machines through cold calls. He began to log 100,000 miles a year on his car throughout the Northwest. “My problem is I’m 150 percent or nothing,” says Rock.

American Investor, Phil Rock 

Business Portraits Of Entrepreneur, Phillip Rock

 

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Phil Rock

From Wikipedia, the free encyclopedia

Phil Rock
Born	Phillip Arnold Rock 29 May 1965 (age 51) Mill Valley, California
Residence	Marble Falls, Texas
Other names	Phil Jetton
Occupation	Founder of ATM Network
Years active	1993–2012 (currently retired)
Children	Quinn Rock, Grace Rock, Joey Rock
Parent(s)	Richard Louis Rock, Lillian Catherine Webb

Phil Rock is an American entrepreneur and investor. He is best known as the CEO/President of ATM Network and is considered one of the pioneers of the ATM Cash machine industry.^[1][2][3][4]
Rock predominantly grew up in Southern California, but briefly relocated to Oregon where he worked as a sales executive for Card Capture services and later moved to the Minneapolis area where he founded the company ATM Network, which rapidly became one of top independent ATM companies in the U.S. cash machine industry. Rock has been featured in several business publications including; Entrepreneur (magazine), Upsize Magazine, Twin Cities Business Monthly, Star Tribune and The Wall Street Journal. ^[5]
In 2004, Rock set precedent in the cash machine industry by donating a substantial percentage of ATM Network's sales to the American Red Cross and its International Response Fund to aid victims of the 2004 Indian Ocean earthquake and tsunami. "Through my travels, I have connected with the people of Indonesia, a country devastated by this disaster. I am sure these people and the many others affected will find great use for our donation and re-build quickly." ^[6]
In 2012, after serving over 16 years as its chief officer, Rock sold ATM Network (and its more than 10,000 ATM contract locations) to Houston-based, Cardtronics Inc.^[7][8][9]

Skateboarding

During his youth, Rock was a competitive freestyle skateboarder and a sponsored team rider for Mattel Toys, Logan Earth Ski, Vans, Pepsi and Gordon & Smith. He participated in hundreds of U.S. Pro/am skateboard championships - earning 2nd place in the 1978 Skateboard Olympics, 5th Place in the 1979 Oceanside Freestyle Nationals and was an invitee to the 1980 Oasis Freestyle Contest in San Diego, California.<sup>[10] [11][12]

https://en.wikipedia.org/wiki/Phil_Rock</sup>

PHIL ROCK: featured in Entrepreneur Magazine

 

"ATM Network" founder/president CEO, Phillip Rock 

as featured in Entrepreneur Magazine. 

“I went out and sold eight machines the first month,” says Rock, who promptly invested the proceeds from those sales into marketing materials to promote the company. 

Source: http://www.upsizemag.com/cover-story/all-or-nothing 
http://wikivisually.com/wiki/Phil_Rock/wiki_ph_id_13

Phil Rock's ATM NETWORK To Donate Portion of Sales To Tsunami Relief Effort

"Our sales team is committed and motivated about this effort to help the victims of one of the worst natural disasters in the past century. They know that the funds will be used to help innocent victims and their loved ones in need," said Phil Rock, CEO and founder of ATM Network. "Through my travels, I have connected with the people of Indonesia, a country devastated by this disaster. I am sure these people and the many others affected will find great use for our donation and re-build quickly."

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Phil Rock's ATM Network donating portion of ATM sales to tsunami relief effort

Jan. 16, 2005

MINNEAPOLIS - Independent ATM operator ATM Network has launched a year long, systemwide sales effort to raise money to help the victims of the tsunami in Southeast Asia and African countries. The company hopes to raise $30,000.
According to a news release, ATM Network will donate $100 for every ATM sold during the first two months of the year to the American Red Cross and its International Response Fund. ATM Network's sales team will continue raising funds through the remaining 10 months of 2005 by donating $25 per ATM sold.
"Our sales team is committed and motivated about this effort to help the victims of one of the worst natural disasters in the past century. They know that the funds will be used to help innocent victims and their loved ones in need," said Phil Rock, CEO and founder of ATM Network. "Through my travels, I have connected with the people of Indonesia, a country devastated by this disaster. I am sure these people and the many others affected will find great use for our donation and re-build quickly."
ATM Network selected The American Red Cross and its International Response Fund for its direct access to the most people in need.
The American Red Cross quickly established contact with the International Federation of Red Cross and Red Crescent Societies and sister societies located in the nine affected countries to determine how best the organization can be of assistance to those affected by the tsunami, according to the release.

Source: http://www.atmmarketplace.com/news/atm-network-donating-portion-of-atm-sales-to-tsunami-relief-effort/ 

http://wikivisually.com/wiki/Phil_Rock/wiki_ph_id_13 
https://en.wikipedia.org/wiki/Phil_Rock