Photo Kiosks - Business Update for PNI
PNI providing business update today in conference call. Background includes news about Fred Meyer and KingSoopers for new photo sites and over 700 software deployments.
PNI Digital Media Provides Business Update and Date of Release for
Second Quarter 2009 Financial Results PhotoChannel to Release
Results and Host Investor Call at 4:30 pm Eastern on May 13th, 2009
2009-04-30 14:21:06 -
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/30/09 -- PNI Digital Media (TSX VENTURE: PN)(OTCBB: PNWIF), ("PNI" or "PhotoChannel"), the leading innovator in digital photography and media solutions for retailers, will release its unaudited financial statements for its second quarter ending March 31st, 2009 on Wednesday, May 13th, 2009. A conference call will be held at 4:30 p.m. Eastern Time, 1:30 p.m. Pacific, on May 13th, 2009. Kyle Hall, Chief Executive Officer, Aaron Rallo, President, and Simon Bodymore, Chief Financial Officer, will host the conference call.
BUSINESS UPDATE:
The Company remains very focused on its goals for the current fiscal year, and wishes to advise shareholders that record order volumes continued through the recent quarter. For the quarter ending March 31st, 2009, overall retail value of sales processed through the PNI Digital Media Platform on behalf of our retail partners was up 213% over the same quarter in 2008. Total orders processed for the quarter were up 153% over the same quarter last year, with an average daily order volume of 31,000 orders.
NEW BUSINESS:
PNI is pleased to announce that it has been selected by Fred Meyer and King Soopers (both Kroger companies) to deliver their next generation online photo site and kiosk. PNI will deliver two new photo sites branded for Fred Meyer and King Soopers, as well as over 700 kiosk software deployments. The kiosk software is part of PNI's "Connected
Kiosk" program and was recently acquired as part of the purchase of Works Media, now integrated to the PNI Platform. Besides providing 1-hour print capabilities, both the online site and the kiosks will be fully outfitted with a large selection of gift products. The new services will start being deployed in the current quarter.
About PNI Digital Media- Founded in 1995, PNI Digital Media (also known
as "PNI" or "PhotoChannel") operates the PNI Digital Media Platform,
which provides transaction processing and order routing services for
major retailers. The PNI Digital Media Platform connects consumer
ordered digital content, whether from in-store kiosks, online sites or
desktop software, with retailers that have on-demand manufacturing
capabilities for the production of merchandise such as photos and
business documents. PNI Digital Media successfully generates millions of
transactions each year for retailers and their thousands of locations
worldwide.
For more information please visit www.pnimedia.com : www.pnimedia.com
.
Posted by staff at May 1, 2009 12:01 PM