Pilot programs are starting !
ObjectSoft and Instant Replay Video Bring FastTake(TM) Video Kiosk to
Pittsburgh Marketplace
HACKENSACK, N.J., Feb. 16 /PRNewswire/ -- ObjectSoft Corporation
(Nasdaq: OSFT) today
announced that it has entered a Pilot Production Agreement with Instant
Replay Video
(IRV) of Pittsburgh, Pennsylvania for its FastTake(TM) video kiosk.
According to the agreement, ObjectSoft will deliver FastTake kiosks to
two of IRV's
locations in early March. Based on the results of the pilot project,
additional kiosks
will be deployed to other retail locations the company maintains
throughout the
Pittsburgh metropolitan area.
"We are delighted that IRV is bringing the FastTake video kiosks to
the Pittsburgh
market," said George J. Febish, President and Co-CEO of ObjectSoft. "By
aiding customers
to make rental and purchases decisions that encompass a retailer's
entire inventory, we
believe that the FastTake kiosk will become an essential part of video
retailing in the
21st century."
"I believe that FastTake can make a significant increase in our
business," said Russ
Homer, President of IRV. "IRV will evaluate FastTake for 90 days and,
if successful, we
expect to roll out FastTake to all of our seven locations. FastTake is
a major
enhancement to our store and stands to revolutionize the in-store video
business."
About ObjectSoft
Founded in 1990, ObjectSoft Corporation provides information and
services through
public access kiosks. The Company's products, FastTake(TM) and
SmartSign(TM) kiosks are
based on Internet technology and enable organizations to interact with
the general public
in retail stores and high- density pedestrian traffic areas. ObjectSoft
uses Microsoft
development tools and Internet platforms. Installation and Field
Service are provided by
IBM Corporation. ObjectSoft's FastTake(TM) Video kiosk will offer
electronic commerce
from futuristic walk-up kiosks in stores everywhere. In addition to
previewing up to 500
movie trailers, reviews, and searching up to 7,500 titles, consumers
will be able to
order their favorite titles for drop shipment to their home or
workplace. The
patent-pending software also allows for periodic updates to the
database, cross promotion
between studio and retailer, advertising opportunities, multiple rental
promotion,
point-of- purchase promotion and demographic targeting. ObjectSoft is a
publicly held
company listed on NASDAQ. For more information on ObjectSoft, visit
their website at
objectsoft.net.
About Instant Replay Video
Founded in 1982, Instant Replay Video has seven retail store in the
Pittsburgh area
with over 15,000 video titles in stock. The Company, which also owns
video production
facility, is the largest and oldest independently owned video store in
the Pittsburgh
area. Russ Homer is the Company's owner and founder.
This press release contains certain forward-looking statements
concerning ObjectSoft
which are subject to a number of known and unknown risks that could
cause actual results,
performance and achievements to differ materially from those described
or implied in the
forward-looking statements. Among such risks are those discussed in the
Company's
Registration Statements on Form SB-2 and Form S-3 and its Quarterly
Reports on Form
10-QSB and include, but are not limited to, limited operating history,
recent
establishment of new business divisions, dependence on new and untested
product, risks
related to technological factors and potential manufacturing
difficulties.
/CONTACT: Brian Bailey Public Relations of Rubenstein Associates,
212-843-9258; or
Dodi Zirkel, Investor Relations of Continental Capital and Equity
Corp., 407-682-2001,
both for ObjectSoft/
06:00 EST |
