SOURCE: ZoomSystems

ZoomSystems

January 26, 2010 08:00 ET

ZoomSystems Announces Record Growth, Surpassing $120 Million in Sales for Retail Brands Partners in 2009

Automated Retail Leader Approaching 1,000 ZoomShops Globally

SAN FRANCISCO, CA--(Marketwire - January 26, 2010) - ZoomSystems, the global leader of automated retail solutions, today announced record growth in 2009. The nearly 1,000 ZoomShops deployed around the globe in partnership with leading retail brands generated more than $120 million in total sales for Zoom's growing roster of high-end retail partners. In a year when the global retail sector experienced significant contraction and challenges due to reduced consumer spending, Zoom's partners realized double digit increases in comp store growth in 2009. ZoomSystems partners with iconic brands including Proactiv Solution, Best Buy, Macy's, Rosetta Stone, Sephora and SkyMall to place ZoomShops in high-traffic locations such as airports, shopping centers, and retail destinations.

"As the only bright spot in retail sales, our retail partnerships experienced very solid gross merchandise sales growth with their ZoomShops. The proven success of our proprietary automated retail experience has fueled our year-over-year growth for 8 consecutive years, as well as new partnerships and geographic expansion. We fully expect to further grow the network in 2010, adding new partners, new stores and new global markets," said Gower Smith, Founder and CEO of ZoomSystems. "With a centrally networked and monitored infrastructure, ZoomShops provide brands the most efficient way to grow revenue and profits, resulting in the highest sales-per-square-foot average in the retail environment."

Other highlights illustrating ZoomSystems' growth and momentum in 2009 include:

--  Opened 240 new ZoomShops in the U.S. and Japan
--  Surpassed the two million mark in total transactions completed
--  Comp store sales for ZoomShops are generally 10-20 percent over prior-
    year sales, solidly bucking most retail trends.
    

"The 17 ZoomShops at DFW Airport offer 24/7 convenience and major brands to our travelers," said Michael Baldwin, Assistant Vice President, Airport Concessions, at Dallas Fort Worth International Airport. "These free-standing, always open, automated retail shops featuring top brands like Sony, Sephora and Apple, allow busy travelers to get what they need on the go. Zoom Systems has been an excellent retail partner that has helped DFW realize a very cost-effective and space-efficient revenue model that we look forward to expanding in 2010."

ZoomSystems' network of automated retail stores, called ZoomShops, automates the capabilities of a retail channel, allowing brand and location partners to differentiate themselves with an enhanced consumer experience. ZoomShops combine patented robotic technology, unparalleled transaction security and eye-catching aesthetics to deliver a uniquely appealing customer experience that combines the intelligence and convenience of an online transaction with the instant gratification of immediate product delivery in a pressure-free retail environment.

About ZoomSystems

Founded in 2002, San Francisco-based ZoomSystems enables brands to place their products directly in the path of consumers in an intensely interactive manner, removed from the competitive clutter of traditional retail. ZoomShops offer the immediate gratification of instant product delivery and are the first automated retail concept offering such a wide variety of high-end brands. ZoomSystems partners with leading brands to implement networks of automated retail stores in high-traffic locations such as airports, shopping centers, supermarkets, and retail. ZoomSystems' investors include Goldman, Sachs & Co., Sierra Ventures, Starfish Ventures, NeoCarta Ventures and Motorola Ventures. For more information about ZoomShops, including locations, visit www.zoomsystems.com.

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