CYBK News: Cyber Kiosk Solutions, Inc. Closes Acquisition of XSKN, Inc. and Cultivates Merchandising Program with Fanlime.
Cyber Kiosk Solutions, Inc. (PC) (USOTC:CYBK)
Intraday Stock Chart
Today : Monday 27 January 2014
CORAL SPRINGS, Fla. , Jan. 27, 2014 /PRNewswire/ -- Cyber Kiosk Solutions, Inc. (OTCPink: CYBK); referred to as "CYBK" is pleased to announce it has completed the acquisition of XSKN, Inc and has acquired 35% of the Company on December 31, 2013 . XSKN Inc., (www.XSKN.com ) is a premier silicone manufacturer that produces several products in the telecom OEM market place as well as other niche product sectors for the past 10 years. XSKN Inc. plays a pivotal role in the growth of CYBK sales, distribution and corporate plans.
XSKN, Inc., CEO Lisa Rockel states, "XSKN is very excited about finalizing our Partnership with CYBK. We have a great team of people in place with both our companies to progressively move things forward. Together we've come up with some great new product ideas to launch into the market this year. Some of them include products for Sports Athletes, Musicians and Record Labels. We are also in negotiations with a National Beverage Company to make customized products as well as other Corporate Branded products. This year we are all anticipating a great year for both XSKN Inc and CYBK to help increase the bottom line for CYBK shareholders."
Throughout 2013, CYBK has been working diligently to contract and obtain licensing by numerous house-hold brand recognized companies to further its product offerings, sales and distribution. CYBK is in the final stages of completing a merchandising program for an established and globally renowned Music label. The Program will offer music artists a new product line up of consumer requested items. The agreement will give CYBK rights to music album covers for reproduction in telecom, consumer electronics and other related merchandise. This comes at a perfect time for CYBK and new subsidiary partner XSKN to begin penetrating the market.
CYBK is also extremely excited to report CYBKs' new collaboration with Fanlime. www.Fanlime.com . FANLIME and CYBK will work together in the production and distribution of licensed merchandise leveraging CYBK's expertise in merchandising and distribution, along with FANLIME's access to, and relationship with, marquee professional athletes.
Fanlime is a marketplace, curated by professional athletes, which showcases their lifestyle through products and experiences. According to Marc Farrell , Founder & CEO, "Fanlime is built on the expanding sphere of influence that athletes command off the court, or off the field of play."
Fanlime works alongside its roster of professional athletes to create exclusive content and unique ecommerce opportunities related to their interests off the court, and, says Farrell, "with this emerging trend, we believe there is a powerful opportunity to convert fans into active consumers".
Fanlime is headquartered in New York , and is spearheaded by Farrell, a graduate of MIT and Harvard Business School and Roberto Muller , Executive Director and Founder of PONY and Former President of Reebok.
CYBK expects to release more news this week related to its Digital Advertising platform vertical and its closed contracts.
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.
CONTACT:
Oren Manelis investor@cyber-thingy.com
954-509-3748
SOURCE Cyber Kiosk Solutions, Inc.
Copyright 2014 PR Newswire
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