May 17, 2005

Photo Contract for Army and Air Force

Kiosk Exchange (Robert Pratt, Bob Gallner)announced a big win for photo kiosks for the US Military. The contract calls for the deployment of 118 digital photo units in 115 Army and Air Force installations in the U.S., including Hawaii, Alaska and Guam.

The Kiosk Exchange, a Subsidiary of Strategic Management & Opportunity Corporation Announces Contract from AAFES for Deployment of Digital Photo Kiosks in 115 U.S. Military Installations
Monday May 16, 11:03 am ET

BELLINGHAM, Wash.--(BUSINESS WIRE)--May 16, 2005--Strategic Management & Opportunity Corporation (PINK SHEETS:SMPP - News), is pleased to announce that the Kiosk Exchange, a wholly owned subsidiary of SMOC and its SMO Multimedia division has been awarded a contract from the Army & Air Force Exchange Service (AAFES). The contract calls for the deployment of 118 digital photo units in 115 Army and Air Force installations in the U.S., including Hawaii, Alaska and Guam. Kiosk Exchange was chosen for its advanced technology in remotely monitoring every device in all of its systems, and providing its state of the art system for instant digital printing.

Robert Gallner, President of SMO Multimedia, and an Industry veteran commented on the contract award by stating:

"We are extremely pleased with the award. We felt that we could provide the best solution for AAFES and its customers and it showed in us being awarded the contract. We feel we offer the best stand alone instant photo kiosk in the industry today." With the popularity and growth of the digital camera market, consumers are looking for convenient, high quality options for printing. The EZpix solution is very different from many current solutions on the market today in that it is completely focused on Self-Service and requires no counter assistance whatsoever. The units are also remotely managed 24 hours a day through a sophisticated network program that can automatically troubleshoot any potential operating issues. Important items like paper levels and standard maintenance issues are reported in real time."

Robert Pratt, CEO of Strategic Management & Opportunity Corp. (SMPP) and parent company to the Kiosk Exchange, commented "We are glad to provide tangible growth to the shareholders of SMPP." The digital photo space is growing faster than any one ever imagined. The deployment to AAFES clearly demonstrates our abilities to market our products into mainstream areas where these services are desperately needed and ROI can rapidly be achieved."

About AAFES

The Army & Air Force Exchange Service (AAFES) is a joint command of the U.S. Army and U.S. Air Force, and is directed by a Board of Directors who is responsible to the Secretaries of the Army and the Air Force through the Service Chiefs of Staff. AAFES has the dual mission of providing authorized patrons with articles of merchandise and services and of generating non-appropriated fund earnings as a supplemental source of funding for military Morale, Welfare and Recreation (MWR) programs. To find out more about AAFES' history and mission or to view recent press releases please visit our Web site at http://www.aafes.com/pa/default.asp.

About SMO Multimedia and Kiosk Exchange

SMO Multimedia www.smomedia.com is a full service application developer, software developer, and integration company serving the kiosk industry. Through its subsidiary and marketing partner, the Kiosk Exchange Inc the company specializes in development and sales of applications pertaining to the self-service industry. The company markets software and hardware designed mainly for the digital media markets, including photography. Its EZpix instant photo kiosk www.ezpixkiosk.com is a revolutionary digital photo solution that compliments existing equipment in the marketplace such as the Kodak Instant Picture Maker, (NYSE: EK - News), the Sony (NYSE: SNE - News) Picture Station and Fuji (OTCBB: FJCPF - News) Aladdin Systems.

Through strategic partnerships and through its proprietary product line SMO Multimedia is positioning itself to be a leading player in multiple digital media industries. The company has acquired the necessary sales organizations, its own Network Operation Center, as well as an installation and service company. These corporate assets allow SMO's quality control to be managed completely within the organization. SMO Multimedia has also partnered with the best of breed service in all areas outside of the companies core product lines to provide consulting and deployment services that are second to none.

About Strategic Management & Opportunity Corporation

The goal of SMOC is to provide an environment where a diverse group of companies can be acquired and then focus on the development and deployment of their individual core technology. This environment capitalizes on leveraging the core competencies of the group and provides centralized expertise in areas common to the group as a whole. Currently SMOC has two wholly owned subsidiaries; "SMO Multimedia Corporation," a Washington Corporation and the Kiosk Exchange of Plantation, Florida. SMO Multimedia works with the Kiosk Exchange in the sales, design, and placement of self service digital photo kiosks and is preparing to deploy advanced way-finding and kiosk systems in high traffic areas including airports, shopping centers, federal buildings, etc. Please see the corporate website www.smocorp.com for further information on the Company and its subsidiary companies.

NOTE: Safe Harbor Statements may contain "forward looking statements" under the Private Securities Litigation Reform Act of 1995. This announcement and herein mentioned conference call may contain "forward looking" statements. Although we believe that the statements contained herein and in call are reasonable, no assurance can be guaranteed as to their accuracy, authenticity or prove correct.
Contact:

SMOC
Sam Lindsey, 360-354-3118
www.smocorp.com
or
Investments 101, Ltd.
Investor Relations:
Jeffrey A. Brommer, 336-882-8063
www.investments101.com

press release link

Posted by keefner at May 17, 2005 03:07 PM