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CYBK to Launch Its Mobile Coupon & Virtual Mall App for iPhone and Android in November(October 16, 2013)
CORAL SPRINGS, FL -- (Marketwired) -- 10/16/13 -- Cyber Kiosk Solutions, Inc. (OTC Pink: CYBK) (referred to as "CYBK" or the "Company"), would like to announce the launch of its iPhone/Android mobile wallet application available in the app store in November.
The tough economy has increased coupon usage while Green initiatives and the high cost of printing have drastically reduced the amount of paper coupons thus creating the online explosive growth in couponing. Shoppers' habits are shifting as more and more consumers adopt smartphones.
CYBK will bridge the gap between Retailers/Grocers and the Consumer in November when the Company launches its Mobile Wallet, Manufacturer Coupon and Virtual Mall app for the iPhone and Android. Consumers will be able to download the app from the app store from their smartphone. Some of the app features are:
Virtual Shopping-create custom & master shopping lists, predictive search engine
Digital Couponing-choose pre-selected coupons to be delivered to your smartphone
Closed-Loop Secure Payments-shoppers can purchase products via ACH-Direct Debit from their checking account
GPS Store Locater-choose a store and get turn-by-turn directions
Product Scanner-scan a product bar code and it is added to your shopping list
Voice-talk into your smartphone to add items to your list
QR Code Scanning-scan a QR code to view a product or watch a video about the product
In other Company news:
Cyber Kiosk Solutions has renegotiated the transaction with XSKN, Inc. and expects to finalize documents by early next week. The Companies are in agreement with the following terms:
XSKN, Inc. will return 5 million CYBK shares to Cyber Kiosk Solutions to be canceled which reduces the Company's outstanding shares.
CYBK will receive 35% of XSKN, Inc. instead of 25% stated in a previous Press Release.
CYBK will purchase in Q1 of 2014 special printing equipment to be used at XSKN's facility in China which will print an extremely high resolution image on any silicon skin such as Cell Phone Cases, computer/keyboard accessories and other silicon products.
CYBK, in Q1 of 2014, will pay for specialty licensing for images to be printed on silicon products.
CYBK will utilize its large distribution network partners to sell the licensed specialty products.
Cyber Kiosk Solution's CEO Chris Clarke states, "We are very excited about the mobile app going into the app store next month because it will show the public how large our reach will be. It is an important step in branding and getting the consumer familiar with the technology. We also look forward to completing the XSKN, Inc. deal ahead of schedule and expect great things in Q1 of 2014 from this relationship." The Company will release other news in the next two weeks.
About Cyber Kiosk Solutions, Inc.:
Cyber Kiosk Solutions distributes Company owned kiosk machines and tablets under the brand name Cyber-Thingy to earn residual revenues and/or sell kiosk machines to earn up-front and residual revenues. Cyber-Thingy's multiple revenue streams are derived transaction and fee based programs running within the kiosks such as: Digital Advertising, Mobile Phone Top-up minutes (reload), Online Bill Pay, Gift Card Programs, Prepaid Cards, and the debut of New Branded Products (ALL with immediate purchasing options). Each Kiosk machine comes with a cash bill acceptor and a credit card reader for ease of payment. Tablets are connected to existing POS systems. These multi-functional kiosks and tablets earn Cyber-Thingy residual revenues and create residual revenue opportunities for the multiple companies involved.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
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