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ImageXpres Reports Third-Quarter Revenue, Income Increases

October 21, 2010

“Sales of both countertop and pedestal kiosk units continue to grow, and the company will soon announce a new model incorporating the Apple iPad, for added consumer convenience. As SmartKiosk market trials progress, and customized software requirements for retail customers are completed, the Company will be announcing contracts with several major retail chains, and distributors who service the hotel, entertainment and gaming industry segments.”

The company's medical healthcare product line, including its Surg-i-Scan surgical Checklist boards, and "digital" Surg-i-Scan software app for Apple's iPad, iPod, and iPhone devices, has seen a marked uptick in customer inquiries and actual sales during the third quarter. As stated previously, although the company's presence in this important, growing market segment, is minimal to date, total revenues of $67,470 in third quarter of 2010 represent a modest increase from second quarter. The company is receiving strong interest from the hospital community, and the company's products are well positioned, highly differentiated from the competition, and priced very competitively.

Zankowski states, “A major marketing and sales effort is now underway, and we are in the process of contacting thousands of hospitals, with strong references from existing medical customers. The company expects to achieve significant increases in revenues as its digital product line becomes more familiar to surgeons, nurses and other caregivers associated with patient care initiatives worldwide. We expect sales of customized versions of both the current analog and digital checklist to accelerate, and we will be announcing a major contract with a Texas-based healthcare group shortly.”

About ImageXpres
ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, health and business communications market segments. ImageXpres is currently manufacturing and marketing a family of self-service interactive digital kiosks, and LitePix Digital Displays, digital signs that provide unique advertising benefits for business owners. The company's website is www.imagexpres.com.
 
Source: Company press release.
 

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