COLORADO SPRINGS, Colo., June 17, 2011 (GLOBE NEWSWIRE) -- PSI Corp. (Pink Sheets:PSCP), is pleased to announce the signing of a strategic marketing and distribution agreement with one of the largest food distributors. Eric L. Kash, CEO of PSI Corp stated, "This contract signing is the result of eight months of due diligence, customer and vendor focus groups and technology assessments by the distributor. With this distributor's market presence and its broad array of retail establishments served combined with their extensive geography this Marketing Agreement will afford PSI Corp a unique marketing opportunity for its Coupon Express (CE) TM Kiosks."
Eric Kash further added that, "Over the past months PSI Corp has focused on securing strategic relationships with supermarket chains, food brokers and distributers across the country. PSI Corp has assembled a group of manufacturers, installation and service providers, advertisers, retail locations and funding sources for deployment of our Coupon Express Kiosks. Couponing has grown significantly in the retail space and is seen as an important sales technique by our customers. We look forward to the Coupon Express Kiosk deployment with this distributor and its customers as the technology continues to gain market acceptance.
About PSI Corp.
PSI Corp. (PSI) (Pink Sheets:PSCP), operating as Pantel Systems, Inc., provides innovative interactive customer communications systems and applications that support targeted marketing programs with unique point-of-purchase (POP) services and information that serve shoppers and distributors while building loyalty and revenue for the Company's primary clients. Through its proprietary multifunction kiosks and services, PSI provides in-store customized couponing, in multiple languages, for immediate impact in regional, independent retailers in the grocery and convenience store industries, enabling retailers to quickly determine ideal price-points for new products and mitigate losses from hard-to-sell items. Through a joint marketing agreement with Midax, Inc., a leading systems integrator for the independent grocery and convenience store industries, PSI provides a seamless transaction for issuing, redeeming and reporting coupons, as well as creating a state-of-the-art loyalty program and shopping list service.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "hopes," "intends," "plans," "seeks," "will," and other terms with similar meaning, including, but not limited to, statements regarding the possibility of commitments for the Coupon Express from other national brands, creation of state-of-the art loyalty programs and the possibility of increased revenue. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.