SOURCE: ImageXpres Corp

May 20, 2010 10:47 ET

ImageXpres Announces Strong Orders of SmartKiosks, FreePrintze™

Pilot Programs at Major Retailers Driving Second Quarter Sales

ROCHESTER, NY--(Marketwire - May 20, 2010) -  ImageXpres Corporation (PINKSHEETS: IMJX), today announced strong orders for its interactive SmartKiosk product line, driven mainly by demand from several major retailer customers who will implement pilot programs during the 3rd and 4th quarter of 2010, in advance of planned major rollouts.

John S. Zankowski, ImageXpres President, CEO, states, "We are pleased to announce that sales of two of our major product families, SmartKiosk interactive systems, and our FreePrintze™ multimedia advertising platform, are running ahead of plan, and are receiving an exceptionally positive response from several major retailers. The combination of interactive, intelligent SmartKiosks located in retail businesses, along with several strong, consumer-oriented POS applications such as our FreePrintze™ program, offers strong benefits for retail locations. Increased store traffic, and the potential for increased sales revenue per customer visit, is a compelling value proposition for businesses.

"Our business model is proving to be fundamentally attractive to business owners, manufacturers and service providers seeking increased consumer awareness and more effective ways to advertise their goods and services. Our SmartKiosk platform, combined with our unique FreePrintze™ rewards and personal photo prints at no charge to the consumer, deliver that value for businesses."

Mr. Zankowski concludes, "We have firm orders in-house for 250 SmartKiosk systems, to be delivered in June, all targeted for major retail customers. As these systems prove successful, the follow-on sales potential is significantly higher. Also, keep in mind that advertising sales revenues per installed unit is expected to exceed $1,500.00 per month, or $18,000.00 annually. Just from the 250 units, that equates to over $4 million annualized revenue for ImageXpres.

"As we firm up very sensitive contract discussions and negotiations with various retail customers, ImageXpres will announce further details and implementation plans of those specific retail customers. In all our discussions, ImageXpres' basic operating principle is to forge long term 'joint venture' partnerships wherever we can, and continue to deliver ongoing, revenue-generating services and support for our installed SmartKiosk systems."

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. ImageXpres is currently manufacturing and marketing a family of self-service interactive digital kiosks, and LitePix Digital Displays, digital signs that provide unique advertising benefits for business owners. The Company's website is www.imagexpres.com.

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.

Contact Information

  • FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

    John S. Zankowski
    President
    ImageXpres Corporation
    info@imagexpres.com
    ph: (585) 292-5177