CORAL SPRINGS, Fla.,
Jan. 29, 2014 /PRNewswire/
-- Cyber Kiosk Solutions, Inc. (PINKSHEETS: CYBK) has closed
contracts with 2 more Digital Advertising Networks to feed into the
Company's existing network.
The Company has closed its contract with Rich Media Technologies
(RMT) http://www.richmediatechnologies.com RMT currently owns over
1,200 digital advertising screens located in multiple airports
around the US, such as Atlanta and
Denver. RMT is contracted for an aggressive rollout to over
25 additional airports over 2014-2016 of which CYBK will have full
rights to sell ad space. CYBK expects to book digital ads for this
network beginning in the second quarter of this year. The RMT
contract is projected to produce 6.6 Million
dollars for CYBK in 2014-15. For a list of airports,
schedule of the rollout and to see pictures of the screens in the
airports, go to https://www.facebook.com/CyberThingy
CYBK is pleased to announce it has executed a contract with
D-Smart www.DSmartinc.com. D-Smart is a Point of Sale (POS) and
inventory software company which owns 200 digital ad screens in the
most sought after area in the US, Manhattan, New York. To get a list of
where these premium locations are located, visit our Facebook Page
at: https://www.facebook.com/CyberThingy
The combined projected value to CYBK for its Digital Advertising
Network vertical in 2014-2015 is expected to be 9.8 million dollars and will cover 1,200 digital
ad screens.
The Digital Advertising industry in 2013 accounted for 21.8% of
all ad spend, $109.7 billion dollars,
up 19% from 2012.
CYBK will use its digital advertising networks to launch its
product sales vertical in the second quarter of this year. CYBK has
already received the rights to distribute various new and exciting
products, which will be previewed on CYBK social media and soon to
launch mobile app. Some of these products can already be
found on the Company's Facebook Page. The value of the products
sales vertical in 2014 is expected to eclipse 3 Million dollars. The Company will
continue to expand on its digital advertising network and products
distribution verticals in 2014 and is expected to announce more
closed contracts in the coming weeks.
The foregoing press announcement contains forward-looking
statements that can be identified by such terminology such as
"believes," "expects," "potential," "plans," "suggests," "may,"
"should," "could," "intends," or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results
to be materially different from any future results, performance or
achievements expressed or implied by such statements. In
particular, management's expectations could be affected by, among
other things, uncertainties relating to our success in completing
acquisitions, financing our operations, entering into strategic
partnerships, engaging management and other matters disclosed by us
in our public filings from time to time. Forward-looking statements
speak only as to the date they are made. The Company does not
undertake to update forward-looking statements to reflect
circumstances or events that occur after the date the
forward-looking statements are made.
CONTACT:
Oren Manelis
investor@cyber-thingy.com
954-509-3748
SOURCE Cyber Kiosk Solutions, Inc.