May 03, 2008

Phoenix Completes Round of Financing

Tempe, AZ, April 10, 2008 --(PR.com)-- Phoenix Kiosk Inc. (www.phoenixkiosk.com) announced today the completion of a significant round of financing with funds earmarked primarily for strategic partnership and marketing initiatives. Its Board of Directors also announced that it has retained Paula Mitchell as an advisor on corporate development, to identify potential partners and to consult on the execution of various longer term initiatives.

“It is exciting to be at the start of a strategic initiative and feel confident that the right financial resources, personnel and experience are available to us,” said L. Alan Work, CEO of Phoenix Kiosk Inc. “Combining our collective experience in the self-service kiosk industry with Paula’s experience in corporate development in a variety of technology industries opens up the entire spectrum of possibilities.”

Paula Mitchell brings over 20 years of experience in Corporate Development, Mergers and Acquisitions, and Operations. Phoenix Kiosk Inc.’s Board of Directors did not disclose terms of the retainer or financing.

About Phoenix Kiosk Inc.
Phoenix Kiosk Inc. designs, manufactures and distributes enduring, approachable self-service kiosk hardware and software technologies for use in a wide variety of applications including vended Internet access, order entry, human resources, ticketing, bill payment, digital content download, digital signage, way-finding, in-store cataloguing and many others. Through their online store, www.kioskstuff.com, Phoenix Kiosk Inc. also offers specialized cleaning and consumable supplies like paper and ticket stock for interactive kiosks. For more information, visit www.phoenixkiosk.com.

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Posted by staff at May 3, 2008 07:23 PM