SOURCE: Public Media Works

September 08, 2010 05:00 ET

Public Media Works Will Place DVD Movie and Game Kiosk at ConocoPhillips LA Convenience Store Location

Placement Marks the Beginning of a Planned Nationwide Rollout of Kiosks in High-Traffic, Major Oil Company Convenience Store Locations

SAUSALITO, CA--(Marketwire - September 8, 2010) -  Public Media Works, Inc. (OTCBB: PUBM) and its wholly-owned subsidiary, EntertainmentXpress, Inc., announce a placement agreement with Steve Speckman, the owner of a ConocoPhillips 76 filling station in Los Angeles, CA, that was recently converted by Modular Conversions, LLC to include a convenience store at their location that opened for business last year. Modular Conversions (MC), a construction management services firm working with major oil companies, is a specialist in a modular approach to bay conversions for high-traffic filling stations (www.modularconversions.com).

PMW recently announced an agreement with MC to place up to 7,000 DVD movie and game kiosks in new convenience stores as major oil company-sponsored gas station conversions are completed over the next three years across the U.S. The initial phase includes full funding for the installation of up to 1,500 EntertainmentXpress kiosks to be placed in prime West Coast targeted locations. Modular Conversions has also obtained financing for EntertainmentXpress kiosks to be placed in existing convenience stores nationwide. The ConocoPhillips 76 location in LA marks the first of an ongoing planned rollout of kiosks through the partnership of PMW and MC. 

"We are in conversation with several major oil brands about converting high-traffic gas stations to C-Stores where EntertainmentXpress kiosks are part of the program. We have also made arrangements for full financing for kiosks to be placed in existing convenience store locations for gas stations and other non-oil company convenience stores. Steve's ConocoPhillips 76 location is an example of one of our conversions. Stay tuned for more announcements to come in the near future," stated Jack Neal, the COO of Modular Conversions.

According to 76 owner Steve Speckman, adding the EntertainmentXpress DVD kiosk is an opportunity to add another profit center into his store.

"EntertainmentXpress did a good job figuring out how to bring value to the store owner in several ways. I believe the DVD movie and game entertainment kiosk will be well received by my current customer base and draw new customers as well. You can't beat it. I will get a share of the revenue from DVD rental and sales and from advertising that is placed on the 3D kiosk screen. It takes up a small footprint and my expectation is that the kiosk will bring in a higher gross profit than any other center in my store. Plus it gives my customer base a pleasant and convenient experience," comments Speckman.

EntertainmentXpress, a division of Public Media Works, provides a convenient way for consumers to buy or rent movies, games and other entertainment media through kiosks located in quick-serve food locations, grocery stores and other high-traffic, public venues. The company's business plan also includes an out-of-home advertising model with onboard 3D screens (no glasses required) in kiosks that provide its retail partners an opportunity to share in ad revenue as well as in DVD rental and sales revenue.

"Our kiosk placement in the ConocoPhillips 76 convenience store in LA marks the beginning of our planned national rollout in high-volume locations through our partnership with Modular Conversions. And very importantly, MC has arranged for full financing of our kiosks in both qualifying conversion projects and existing convenience stores nationwide... for both filling stations and standalone stores," stated Bill Zabit, President of Public Media Works.

About Public Media Works
Public Media Works, Inc. (OTCBB: PUBM) was founded as a forward-thinking entertainment company, created and operated by entertainment professionals, with the objective to discover, create, develop and distribute entertainment content to world audiences. The EntertainmentXpress subsidiary of Public Media Works is rolling out a network of conveniently located self-service kiosks which deliver demographically relevant digital media content to consumers. The company's core business model focuses on the high-volume rental and sale of DVD movies, video games and other media through kiosks located in quick-serve restaurants, grocery stores and other high-traffic, public venues. Features intended to differentiate EntertainmentXpress in the marketplace are expected to include a broader variety of digital product offerings over time, retail partner branded kiosks, a fully integrated solution for in-store advertising, and kiosks designed to be converted into media filling stations to a variety of digital storage devices.

This press release may contain forward-looking statements. Such forward-looking statements, particularly as related to the business plans of Public Media Works and its wholly owned subsidiary EntertainmentXpress, expectations of partnerships and strategic relationships, deployment of DVD and video game rental kiosks and 3D LCD screens, the ability of EntertainmentXpress to enter into agreements with retail partners, to gain market share, the ability to sell all 7,000 kiosks under its agreement with Modular Conversions, the size of the market, and the ability of EntertainmentXpress to compete effectively in the marketplace, and the future opportunities of the company, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the company's expectations and estimates. Public Media Works and EntertainmentXpress are trademarks of Public Media Works, Inc.

Contact Information

  • Public Media Works Corp Offices

    2330 Marinship Way, Suite 300
    Sausalito, CA 94965
    Company Contact:
    415.729.8000
    www.publicmediaworks.com

    For Investor Relations Contact

    Jeffery Salzwedel
    Salzwedel Financial Communication
    503.722.7300