COLORADO SPRINGS, Colo., Dec. 7, 2009 (GLOBE NEWSWIRE) -- PSI Corp. (Pink Sheets:PSCP), operating as Pantel Systems, Inc., today announced an agreement with Maximum Marketing, Inc., a premier specialty products broker based in Florida, to provide access to supermarkets, natural and organic food stores and drugstore chains in geographic regions from Maryland to Florida and west to Ohio, Kentucky and Tennessee.
The agreement facilitates a relationship between PSI and Maximum Marketing which has a client base of 80 companies whose products they market to retailers up and down the East Coast and throughout the Midwest, introducing PSI to new geographic regions and new vertical markets. PSI has recently announced contracts to install its multi-function Pantel kiosks in numerous leading supermarket chains throughout the New York tri-state region. Pantel kiosks supplement traditional ATM services with multiple consumer point-of-purchase (POP) services such as in-store product advertising and printing on-demand coupons, as well as redeeming text-messaged and loyalty-card coupons, distributing long-distance phone cards and permitting select bill-paying. These services attract consumers and measurably boost purchases at stores that carry the kiosks.
Maximum Marketing (www.maximummarketing.com), based in Pompano Beach, Fla., represents a wide variety of high-quality specialty goods, natural and organic products, bakery and grocery items, deli fare, refrigerated and frozen foods, personal products, and vitamin and herbal supplements, opening to PSI the opportunity to place its kiosks in new vertical markets such as supermarkets, natural and organic food stores and large pharmacy chains, as well as providing entry to new geographic regions.
Eric Kash, CFO of PSI Corp., said, "This agreement with Maximum Marketing will enable PSI to meet with distributors and manufacturers in new vertical markets to introduce our innovative multi-functional kiosks and services along the East Coast and in the Midwest. We are very excited about the positive responses received from our current customers, and we expect to establish our company quickly in these new geographical regions."
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 and build loyalty and revenue for the Company's primary clients. Pantel Systems' Multi-Function Kiosks currently address two primary vertical markets: major Supermarket Chains and Convenience Stores, and Deep-Discount Retailers. For more information about PSI and Pantel Systems, please visit www.pantelsystems.com.
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 entry into new vertical markets and new geographical regions. 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.