COLORADO SPRINGS, Colo., Nov. 4, 2009 (GLOBE NEWSWIRE) -- PSI Corp. (Pink Sheets:PSCP), operating as Pantel Systems Inc., will begin additional installations of its multi-function Kiosks at MET FOODMARKETS. The geographic area will include stores in New York City, New Jersey, Long Island, Westchester and Connecticut. PSI Corp. expects the rollout for the installations to begin in January of 2010.
David Foni, CEO of PSI Corp., stated, "MET is a well known supermarket in the metropolitan New York area. The rollout could exceed over 110 stores with potential for additional stores. PSI Corp is fortunate that, due to its progress to date, many supermarkets are intrigued by our kiosk and how it could impact their customers and their own profitability. PSI anticipates increasing the number of brands of supermarkets and geographic expansion over the next several quarters."
About PSI Corp.:
PSI Corp., operating as Pantel Systems, Inc., provides interactive customer communications systems and applications that support the targeted marketing programs at point of purchase (POP) service and information. The Company has two vertical markets for its Multi-Function Kiosks in Supermarkets and Deep Discount Retailers.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "could," "estimates," "expects," "hopes," "intends," "plans," "seeks," "will," and other terms with similar meaning, including, but not limited to, statements regarding expansion into 110 stores and increasing the number of brands and supermarkets in the next several quarters. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.