Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : KZAP's Stock Talk Thread -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (302)	2/16/1999 8:39:00 AM
From: GJLevine	Read Replies (2) \| Respond to of 410

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