U-Vend, Inc. Expands Market Presence in Chicago, IL. Region
26 Giugno 2014 - 3:45PM
Marketwired
U-Vend, Inc. Expands Market Presence in Chicago, IL. Region
SANTA MONICA, CA--(Marketwired - Jun 26, 2014) - U-Vend,
Inc. (OTC Pink: UVND) (PINKSHEETS: UVND) (the "Company"), a
consumer products and technology company that develops, distributes
and markets various next-generation self-serve electronic kiosks in
a variety of locations including grocery stores, drug stores, mass
merchants, malls, and other retail environments across North
America, is pleased to announce the installation of an additional
thirty advanced Mini-Melt self-serve vending kiosks in Wal-Mart
stores and entertainment centers throughout the greater Chicago,
IL. area.
With today's announcement, U-Vend's total installed base of Mini
Melt kiosks in the Chicago region is now at seventy-five, the
majority of which are located within Wal-Mart
venues. Furthermore, the Company has expanded the
refrigeration and storage capacity at its Chicago depot to manage
the new kiosks, as well as the anticipated future roll-out of
additional machines.
"We're delighted to announce the placement of another thirty
Mini Melt machines in Chicago as we continue to develop our brand
and increase the number of U-Vend kiosks in the region," stated
Raymond Meyers, U-Vend, Inc. CEO. "In addition, we are
cultivating a number of revenue-meaningful relationships with both
national and international footprint implications, as the
cost-savings attributes and stand-alone applications for our
self-serve, electronic kiosks continue to appeal to numerous
consumer/retail industries," added Meyers.
In October 2013, U-Vend signed an Operator Agreement for the
distribution and sale of Mini Melts USA products throughout the
greater Chicago, Illinois region. Mini Melts offers a superior
frozen ice cream product which is produced utilizing the
instantaneous freezing capabilities of liquid nitrogen to ensure
that the delicious flavors are "locked in". The ice cream uses
an ultra-premium base mix, and the highest quality flavors from
around the globe and is available in 10 different flavors. For
more information, visit:
http://www.minimelts.com/home/index.php
ABOUT U-VEND, INC. U-Vend, Inc. is currently headquartered in
Santa Monica, CA. with additional locations in Stoney Creek,
Ontario, Canada, Chicago, IL. and Williamsville, NY. U-Vend
develops, distributes and markets various "next-generation"
self-serve electronic kiosks in a variety of locations ranging from
grocery stores, drug stores, mass merchants, malls, and other
retail locations in North America. The Company owns and
operates kiosks and has partnered with numerous national consumer
product companies to deliver new and unique customer retail
experiences in an automated setting. For more information on
U-Vend, visit: www.u-vend.com.
Follow U-Vend on Twitter: https://twitter.com/u_vend
Like U-Vend on Facebook:
https://www.facebook.com/pages/U-Vend-Inc/515566561886917
Forward Looking Statements Certain statements contained in
this news release regarding matters that are not historical facts
may be forward-looking statements. Because such forward-looking
statements include risks and uncertainties, actual results may
differ materially from those expressed in or implied by such
forward-looking statements. Factors that could cause actual results
to differ materially include, but are not limited to, uncertainties
pertaining to market acceptance for the Company's products and
services, its ability to succeed in increasing revenues in the near
term to attain profitable operations and generate sufficient cash
flow from operations, the effect of new competitors in its markets,
its integration of acquired businesses, and other risk factors
identified from time to time in its filings with the Securities and
Exchange Commission, including the Company's Annual Report on Form
10-K, Quarterly Reports on Form 10-Q and current reports on Form
8-K which are available at the SEC's website www.sec.gov. Other
factors not currently anticipated may also materially and adversely
affect U-Vend's results of operations, financial position, and cash
flows. There can be no assurance that future results will meet
expectations. While the Company believes that the
forward-looking statements in this news release are reasonable, the
reader should not place undue reliance on any forward-looking
statement. In addition, these statements speak only as of the
date made. The Company does not undertake, and expressly
disclaims any obligation to update or alter any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by applicable law.
For more information: U-Vend, Inc. Corporate Office Tel: (855)
55-UVEND Email: info@u-vend.com Investor Relations Tel: (855)
55-UVEND, ext. 3 Email: ir@u-vend.com
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