Cyber Kiosk Is Expanding Its Media Distribution Channel
Nov 05, 2013
OTC Disclosure & News Service
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Cyber Kiosk Is Expanding Its Media Distribution Channel
PR Newswire
CORAL SPRINGS, Fla., Nov. 5, 2013
CORAL SPRINGS, Fla. , Nov. 5, 2013 /PRNewswire/ -- Cyber Kiosk Solutions, Inc. (PINKSHEETS: CYBK) has been working on securing agreements with media distribution outlets to feed into their existing networks.
CYBK has received verbal commitments from media outlets that have digital displays around the country that will allow CYBK to access their networks and upload ads from clients that will also be placing ads on the Kiosks. One company which has given CYBK access to their network already has over 700,000 screens placed around the country they upload advertising to. The other company currently owns over 1,200 digital advertising screens located in multiple airports around the US such as Atlanta , Denver and Palm Springs. The Company has an aggressive contracted rollout to over 25 additional airports in 2014.
The additional ad placements will increase revenue received by CYBK for digital placements. The agreements are expected to be completed by early first quarter for next year and the Company expects to be booking revenue from these ad placements by the second quarter of 2014.
CYBK has been working to align itself with a major music label that will give the Company access to artists to be placed on products which will be produced by XSKN. The music label Company will be announced upon the signing of the licensing agreement which is expected by end of year. The Company has been negotiating other various licensing deals with major entities to be able to use protected likenesses and images on the XSKN products, which will then be sold through the Company's already established distribution channels. The agreements are being drafted with the goal of executing them in time for the Company to produce and ship product for sales during the first quarter of 2014.
About Cyber Kiosk Solutions, Inc.
Cyber Kiosk Solutions distributes Company owned kiosk machines and tablets under the brand name Cyber-Thingy to earn residual revenues and/or sell kiosk machines to earn up-front and residual revenues. Cyber-Thingy's multiple revenue streams are derived transaction and fee based programs running within the kiosks such as: Digital Advertising, Mobile Phone Top-up minutes (reload), Online Bill Pay, Gift Card Programs, Prepaid Cards, and the debut of New Branded Products (ALL with immediate purchasing options). Each Kiosk machine comes with a cash bill acceptor and a credit card reader for ease of payment. Tablets are connected to existing POS systems. These multi-functional kiosks and tablets earn Cyber-Thingy residual revenues and create residual revenue opportunities for the multiple companies involved.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For additional information about this release please contact:
Chris Clarke
investor@cyber-thingy.com
954-509-3748
SOURCE Cyber Kiosk Solutions, Inc.
