Cash Technologies To Install Coin Machines at Army and Air Force Bases     
                       (Business Wire; 02/01/99)                       

 LOS ANGELES (Feb. 1) BUSINESS WIRE -Feb. 1, 1999--Cash Technologies, Inc. 
(NASDAQ:CHNG) announced today that its wholly owned subsidiary, CoinBank 
Automated Systems, Inc. ("CoinBank"), has signed an agreement with the Army and 
Air Force Exchange Service ("AAFES") to install its CoinBank(R) advanced coin 
deposit machines at selected U.S. Army and Air Forcebases. AAFES is the agency 
responsible for the purchase and sale of consumer merchandise and services for 
all United States Army and Air Force bases around the world, and operates more 
than 1400 retail facilities in all 50 states and 25 countries.

 "This contract demonstrates the value of integrating CoinBank's e-commerce 
technology into its coin counting machines," said Cash Technologies Chairman 
and CEO Bruce Korman. "In addition to offering U.S. soldiers, airmen and their 
families the first convenient method to dispose of loose coin, AAFES is the 
largest purchaser of prepaid phone cards in the world and can benefit from 
CoinBank's ability to electronically issue and dispense phone cards. This 
capability provided CoinBank with a key advantage in the fierce competition for 
this award."

 There are a number of military bases in the U.S. that could be described as 
virtual cities, with their own ordinances, schools, retail stores and 
populations exceeding 100,000 military and civilian residents, providing 
potential opportunities for multiple CoinBank(R) installations at each base. 
Following these initial installations, the Company anticipates extending the 
scope of the agreement throughout the AAFES system.

 Cash Technologies, Inc. develops and markets innovative e-commerce kiosks, 
including advanced self-service coin counters and the multi-function ATM-X(TM) 
automated teller machine.The Company also provides computerized cash processing 
services to banks, armored carriers, rapid transit agencies and other cash-
intensive businesses.

 Matters discussed in this release include forward-looking statements that 
involve risks and uncertainties, and actual results may be materially 
different. Factors that could cause actual results to differ include activity 
levels in the securities markets and other risk factors disclosed in the 
company's reports to the Securities and Exchange Commission, including its 
Form10-QSB and Form 10-KSB on file with the SEC.

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