PhotoChannel Signs Agreement with Leading Prepaid Services Provider
Retailers utilizing PhotoChannel and InComm® Fastcard® services can offer their customers prepaid card services with online redemption
VANCOUVER, BC- September 26, 2005 - PhotoChannel Networks Inc. (TSX-V: PNI and OTCBB: PHCHF) ("PhotoChannel") today announced an agreement to integrate Interactive Communications International, Inc.`s ("InComm") Fastcard, state-of-the-art point of sale activation (POSA) technology, with the PNI Digital Media Platform to deliver a broad array of prepaid services to both companies` expanding retail customer base.
The integration of the InComm`s Fastcard technology into the PNI Digital Media Platform will allow retailers to sell prepaid products for photos, music or games that are then redeemed online through the retailers website delivered by PNI. The customer`s order is then produced and made ready for pickup in-store. Prepaid is another form of payment accepted by most PNI retailers, along with credit cards and pay in-store at time of pickup.
"This is another example of PNI`s dedication to the retailers to provide great marketing and merchandising programs to drive orders," said Peter Fitzgerald, Chairman and CEO of PhotoChannel. "Prepaid services are an ever growing part of our business and we believe that as film sales continue to drop, our retailers will replace shelf space once occupied by film SKU`s with online prepaid SKU`s. Additionally, our PNI Digital Media initiative will enable our retailers to merchandise music and games very effectively in the retail store environment with this POSA technology."
"We are always pursuing new prepaid products to market to our retail customer base and with the growth of online digital content we see a relationship with PNI as a natural fit," said Brian Parlotto, Director of International Sales for InComm. "Prepaid services are quickly becoming a household method for payment and these are no longer confined to the telecommunications industry."
About PhotoChannel
Founded in 1995, PhotoChannel has created and manages the open standard PhotoChannel Network environment. The PhotoChannel system is currently utilized by major photofinishing retailers and wireless carriers to provide their consumers with online image printing and picture messaging services. There are more than 8,000 retail locations worldwide accepting print orders from the PhotoChannel system. For more information please visit www.pnidigitalmedia.com.
About InComm
InComm has provided leadership in prepaid products and services since 1992. Its Fastcard® point of sale activation technology supports a suite of prepaid retail services including wireless; long distance; music downloads; wireless games and ring tones; software downloads; prepaid subscription services; prepaid financial services and many more to over 70,000 stores in North America. To learn more about InComm, visit www.incomm.com.
Investor Information: (866) 345-0115
WARNING: The TSX Venture Exchange has neither approved nor disapproved the information contained in this release. The Company relies upon litigation protection for "forward-looking" statements.
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