SOURCE: Coupon Express, Inc.
NEW YORK, NY--(Marketwire - Sep 18, 2012) - Coupon Express (PINKSHEETS: CPXP) has placed an order for an additional 50 kiosks this week. Eric Kash CEO said, "Coupon Express Inc. took this action as a direct result from the additional supermarkets requesting our interactive digital Kiosks.
"This expansion will provide Coupon Express with approximately 180 Kiosks in supermarkets potentially generating revenues for the Company. Concurrent with the increased expansion, Coupon Express is now accruing revenue for paid advertising from its strategic partner in the food distribution business. Coupon Express has started to develop channels in other markets, such as liquor, autos, and travel. Also, the Company is now soliciting directly food ads from Food Manufacturers. In addition Coupon Express is contemplating offering new products such as market basket data (for predicative data analysis) and a synthetic loyalty card (for independent supermarkets without a loyalty card system). These new products will likely enhance the customer shopping experience and permit advertisers an extremely cost effective method of reaching supermarket shoppers who utilize coupons."
About Coupon Express, Inc.
Coupon Express, 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, we provide 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, Coupon Express, Inc. 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 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.