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Technology Stocks : OSFT - Objectsoft -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (399)	3/24/1999 8:24:00 AM
From: d. alexander	Read Replies (2) \| Respond to of 694

release this a.m. Hmmn Objectsoft Corp. March 24, 1999 ObjectSoft Corporation Signs Distribution Agreement With Central Park Media HACKENSACK, N.J., March 24 /PRNewswire/ -- ObjectSoft Corporation (Nasdaq: OSFT) today announced that it has signed another test agreement with Central Park Media for placing video titles on its FastTake(TM) video kiosk. As part of the three-month agreement, Central Park Media will supply six titles per month for each of the 80 FastTake video kiosks at no cost. In return ObjectSoft will place a trailer of the Central Park Media titles on the FastTake Home Screen and in the Editor's Pics section of the kiosk. "Central Park Media is a leader of the rapidly growing market of Japanese Anime, which is steadily gaining popularity in video stores across the country. Their additional distribution agreement makes the FastTake more affordable to video retailers," said Ray Schwartzman, Vice President Sales & Marketing of ObjectSoft. "FastTake allows us to do in-store promotions of older titles and raise awareness to the public. Since Japanese animation is always expanding its fan base, this seems to be a natural fit," said Mike Pascuzzi, Director of Sales for Central Park Media. About ObjectSoft Founded in 1990, ObjectSoft Corporation delivers value-added information and service solutions through interactive kiosks with custom enclosures under the brand names FastTake(TM) and SmartSign(TM). Installation and Field Service are provided by IBM Corporation. FastTake(TM) Video kiosks allows consumers to preview 500 movie trailers, search up to 7,500 titles and the ability to receive drop shipment to their home or workplace through e-commerce and online transaction capabilities. Software provides retailers with monthly updates to the database, advertising opportunities, point-of-purchase promotions, demographic targeting and studio/retailer cross promotion. ObjectSoft is a publicly held company listed on Nasdaq. For more information on ObjectSoft, visit their website at objectsoft.net. About Central Park Media Central Park Media was a pioneer in bringing Japanese animation (anime) to the United States. Founded in 1990, CPM has grown from a company with one video and two employees into America's largest supplier of anime and related products (video, DVD, comic books, computer software, production cels and many other product categories). Now the CPM catalog exceeds 800 titles (including both our own product and distributed products), making it the largest carrier of anime products in America. CPM product is carried by every major video and comic book wholesaler in America and sells directly to top chains such as Tower Video, Blockbuster, Musicland and Electronics Boutique -- just to name a few.