Company Press ReleaseSOURCE:
Coming to a Video Store Near You!
ObjectSoft Corporation and Plaza Entertainment Unveil New FastTake Video Kiosk
at East Coast Video Show
ATLANTIC CITY, N.J., Oct. 7 /PRNewswire/ -- ObjectSoft Corporation
(Nasdaq: OSFT - news; owner-developer) and Plaza Entertainment (exclusive sales
agent) unveiled the new FastTake(TM) interactive video kiosk at the East Coast
Video Show today.
FastTake is designed as a retail selling tool which provides consumers
with the information required to make purchasing and rental decisions as well
as transactions. For retailers, FastTake creates an affordable way to move
inventory without an increase in workforce.
Using an attractive touch-screen, consumers can access a database that
searches a retailer's inventory by title, actor, director, rating or genre.
Additionally, if a selected video is out of stock, FastTake will suggest an
alternative and if idle for 30 seconds, an ``Attract Loop'' of the ``top 20''
trailers will play on screen.
Enclosed inside a futuristic-like housing and surrounded by shelving and
signage, FastTake comes equipped with a number of features which can be seen
in detail on the FastTake website at http://www.fasttake.com. In addition to
its powerful database, FastTake has the ability to offer reviews, provide plot
summaries and hold up to 500 movie trailers.
Software for FastTake allows for more advanced features including daily
updates of the database, cross promotion between studio and retailer,
advertising opportunities, multiple rental promotion, point-of-purchase
promotion and demographic targeting.
``A concept that the market has long been looking for is now a reality,''
said David E. Y. Sarna, CEO of ObjectSoft Corporation. ``FastTake is an easy
and entertaining way for consumers to make a purchasing or rental decision,
and can increase revenue for store owners and franchisees.''
``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 asking
IBM will be providing installation and field service for FastTake
throughout the United States. ``With IBM Global Services, FastTake customers
can be assured of industry leading implementation and on-going maintenance
services to support this exciting new technology,'' said Jack Bevans, Offering
Executive, IBM Support Services.
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
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.
Newsbit furnished by:
A: NetShift Software Ltd.
A: Hughenden Yard, Marlborough, Wilts,SN8 1LT, UK
T: +44 (0)1672 511 094
F: +44 (0)1672 511 078
Thanks Tim and Anna!