http://www.marketwire.com/press-release/ImageXpres-Joint-Venture-Closes-Advertising-Deal-1418259.htm
SOURCE: ImageXpres Corp
Mar 28, 2011 09:00 ET
SmartKiosk Media Signs Sales Agreement With Financial Services Firm
ATLANTA, GA–(Marketwire – March 28, 2011) - SmartKiosk Media, LLC(PINKSHEETS: IMJX), a private multimedia advertising company, today announced that it has signed a two-year sales agreement withCredSystems LLC, for selling advertising for the Free Printze™ direct mail program. CredSystems is wholly-owned by a large Texas-based financial solutions firm with over sixty-three franchises throughout the United States.
SmartKiosk Media was formed in Nevada in 2010 to be the primary provider of Free Printze™advertising sales to US businesses. ImageXpres Corporation, a New York-based digital printing and imaging corporation, has a 50% ownership interest in SmartKiosk Media, and is the majority investor. ImageXpres currently trades on the Pink-OTC Markets under the symbol “IMJX.”
The agreement allows CredSystems to offer advertising services to its existing client base, consisting of small- and medium-sized companies. CredSystems and its parent company provide financial and business consulting services designed to spur business growth, including credit building, equipment financing, and invoice factoring. They will now offer Advertising services in addition to their other financial services, targeting their client base of 3,000, for a fee. Terms of the agreement were not disclosed.
Wayne B. Hunt, Managing Member of SmartKiosk Media, stated, “The actual prints are fantastic. While ImageXpres has been working to develop the Free Printze™ commercial website, and refine the print-on-demand fulfillment process, we have identified the sales process and begun taking in advertising revenues, from small and medium-sized businesses. By signing this deal with CredSystems, we have expanded our reach to national companies immediately, with the potential to get in front of thousands of businesses in 2011, and increase sales dramatically.”
SmartKiosk Media and ImageXpres Corp. have scheduled a training seminar in April, in order to educate the CredSystems franchisees on the Free Printze™ advertising products, including market, pricing, artwork, and sales process. CredSystems will be able to ask questions and get trained, so that each franchisee can begin offering advertising to its clients in May 2011.
Recent market data reveals that US small businesses with $1M in annual revenues will spend approximately $44,000 per year, on average, in marketing and advertising, including online advertising. With over 3,000 clients and growing, Cred Systems will now have access to roughly $132M in current client advertising sales.
Hunt states further, “We look at Cred Systems as a way to sell to thousands of businesses who are looking to reach a new group of customers, who are intrigued by our product. While contacting thousands of new businesses monthly, CredSystems has access to an additional $500 million in client advertising revenue market base annually, which would catapult us onto the national advertising scene.”
John Zankowski, President of ImageXpres, and a Managing Director of SmartKiosk Media, stated, “This agreement with CredSystems is a major step forward for the SmartKiosk Media JV, and will enable us to take Free Printze™ advertising services to the next level.”
About SmartKiosk Media, LLC:
SmartKiosk Media, LLC is a digital advertising media company, headquartered in Tucker, GA. The company’s website is www.smartkioskmedia.com.
Ph: (678) 534-3799
Ph: (678) 534-3799
About ImageXpres Corporation:
ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, health and business communications market segments. The Company’s website is www.imagexpres.com.
Safe Harbor Statement
Statements in this press release about the company’s future expectations, including the rate of growth of the Company’s revenues derived from sales of its safety and security products, and all other statements in this release other than historical facts, are “forward-looking statements” within the meaning of Section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995.
It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as changes in consumer demand, satisfaction or desire for our products for a variety of reasons. Such “forward-looking statements” are subject to risks and uncertainties set forth from time to time in the company’s reports and financial statements.
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