Olympia Financial Group Inc.
TSX : OLY

Olympia Financial Group Inc.

November 17, 2014 07:00 ET

Olympia Announces New ATM Operating Division

CALGARY, ALBERTA--(Marketwired - Nov. 17, 2014) - Olympia Financial Group Inc. (TSX:OLY) today announced it has formed Olympia ATM Inc. ("Olympia ATM") as a wholly-owned subsidiary of Olympia Financial Group Inc. Olympia ATM will focus on building an ATM distribution network and on acquiring existing ATM assets from smaller operators in the industry in order to grow its portfolio of ATM machines.

Olympia is pleased to announce that Jim Wilson has agreed to serve as President of Olympia ATM effective November 17, 2014. Mr. Wilson has 15 years' experience in the ATM industry and has served as General Manager, Western Canada for a national ATM company. Mr. Wilson is well-known in the ATM industry and Olympia believes he is the perfect candidate to lead this exciting new division. Rick Skauge, President of Olympia notes: "Jim has been involved with the ATM business almost since it started in Canada and we are very fortunate to add his talents to the Olympia team."

About Olympia Financial Group Inc.

Olympia Financial Group Inc. ("OFGI") conducts most of its operations through its wholly-owned subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia. Olympia Trust Company administers self-directed registered accounts and offers foreign currency exchange services. OFGI also offers private health services plans through its wholly-owned subsidiary Olympia Benefits Inc and operates an ATM business through its wholly-owned subsidiary Olympia ATM Inc.

OFGI's common shares are listed on the Toronto Stock Exchange under the symbol "OLY".

Contact Information

  • Olympia Financial Group Inc.
    Rick Skauge
    President and Chief Executive Officer
    (403) 261-0900
    (403) 265-1455 (FAX)

    Olympia Financial Group Inc.
    Gerhard Barnard
    Vice-President, Finance and Chief Financial Officer
    (403) 261-0900
    (403) 265-1455 (FAX)