Omni ParkPass, Inc. Signs Exclusive World Wide Marketing Agreement With Bright Designs, Inc. for Illuminated Bracelets
DALLAS--(BUSINESS WIRE)--Aug. 29, 2000--Omni ParkPass, Inc., (Nasdaq:OMNP) www.omniparkpass.com today announced a world wide exclusive marketing agreement with Bright Designs, Inc. of New York for the rights to market, distribute and sell it's highly popular line of Flixx Illuminated Bracelets, according to Cleveland Smith, Omni ParkPass CEO. The agreement covers worldwide sales in the entertainment industry.
The hot item at this year's Sundance Film Festival, flixx Light and Motion Illuminated Bracelets are quickly becoming a rage. According to jAson Entner, President of Bright Designs, Inc. the agreement with OPPI is a positive move to market our very popular product on a worldwide basis. Powered by a watch battery that can be turned on and off, the kinetic bracelets are available in trend-inducing styles of pulsating pink hearts, mesmerizing orange waves and twinkling blue stars. Additionally the bracelets can be ordered in a variety of vibrant colors and designs with company logos or advertising slogans that blink on and off.
Omni ParkPass, Inc., products and services include operating software systems for the amusement park and entertainment industry. Future plans include using a debit bracelet programmed with a guest's credit card information the wearers can use to make all purchases within the facility, locate lost children and schedule ride times. The Omni ParkPass system will be Internet-based. Plans also include allowing guests to purchase tickets in advance of vacations select ride times and take advantage of special offers.
The agreement between Omni ParkPass, Inc., and Bright Designs, says Cleveland Smith, takes on significance when you consider that over 234 million people annually attend theme and water parks owned by the top 10 amusement park chains. An additional 10 million people in the United States attend carnivals managed by the top 10 carnival companies. Major league sports accounts for another 126 million people while NASCAR events generate 10 million and top concerts 37 million.
Omni ParkPass, Inc. has entered into a license agreement for the exclusive use of technology owned by Automated Business Companies, Inc. Dallas, Texas, a privately owned engineering and intellectual property development company. Among other technologies, the license agreement specifically includes the Master Operating Software System program that manages all of an entity's technology from a single program.
This release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are economic, competitive and technological factors effecting the company's operations, markets, products, services and prices, as well as other factors detailed in the company's filings with the Securities and Exchange Commission.
CONTACT:
Omni ParkPass, Inc.
Cleveland Smith, 972/387-3376
Fax: 972/387-5894
www.omniparkpass.com
or
Bright Designs, Inc.
jAson Entner, 212/924-4474
Fax: 212/352-9027
www.flixx.net
jAson@flixx.net
or
Adler Communications Group
Ray Adler, 972/387-3355
radler@adlercommunications.com
KEYWORD: TEXAS
BW0884 AUG 29,2000
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