ImageXpres Joint Venture Closes Advertising Deal
March 28 2011 - 9:00AM
Marketwired
SmartKiosk Media, LLC (PINKSHEETS: IMJX), a
private multimedia advertising company, today announced that it has
signed a two-year sales agreement with
CredSystems
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
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.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT: John S.
Zankowski President ImageXpres Corporation info@imagexpres.com ph:
(585) 292-5177
Imagexpress (CE) (USOTC:IMJX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Imagexpress (CE) (USOTC:IMJX)
Historical Stock Chart
From Jul 2023 to Jul 2024