ObjectSoft Corporation Enters Nationwide Agreement with Plaza Entertainment
08:17 a.m. Sep 23, 1998 Eastern
HACKENSACK, N.J., Sept. 23 /PRNewswire/ -- Plaza Entertainment, a National leader in retail video distribution, and ObjectSoft Corporation (Nasdaq: OSFT) announced today an agreement to develop and distribute new technologies aimed at the retail video market.
The first version of the companies joint project known as "FastTake" is scheduled to be unveiled at the East Coast Video Show in Atlantic City, NJ on October 6th with production beginning shortly after.
"We are thrilled by this arrangement with Plaza Entertainment," said David E. Y. Sarna, CEO of ObjectSoft Corporation. "They provide us with the distribution backbone and industry expertise needed to succeed in this new venture."
"ObjectSoft's technology and our customer base are a perfect fit," said Eric Parkinson, CEO of Plaza Entertainment. "We are aiming to provide a management solution with this new product that the market has been looking for."
Founded in 1990, ObjectSoft Corporation provides information and services through public access kiosks. The Company's products, SmartStreet and SmartSign kiosks enable organizations to interact with the general public in high density pedestrian traffic areas. ObjectSoft is a publicly held company listed on Nasdaq. For more information on ObjectSoft, visit their website at http://www.objectsoftcorp.com.
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 Statement on Form SB-2 and its Quarterly Report 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. SOURCE ObjectSoft Corporation
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Thanks Tim and Anna!