U-Vend USA LLC. ("U-Vend"), an operating unit of Internet Media Services, Inc. (OTCQB: ITMV), that designs, develops, distributes and markets various next-generation self-serve automated retailing kiosks perfectly suited for a variety of locations ranging from hospitals, schools, airports, grocery stores, mass merchants, malls, and other retail locations, announced today that they have entered into an Operator Agreement for the distribution and sale of Mini Melts USA ("Mini Melts) products throughout the greater Chicago, Illinois region.
Raymond Meyers, CEO of U-Vend, commented, "We are very excited with our new relationship with Mini Melts USA and, in particular, to have secured Chicago as the initial market for the introduction of our self-serve kiosks. This agreement allows U-Vend to place the Mini Melts kiosks in high volume big box stores, sporting facilities, and shopping malls throughout the Chicago area. The initial sales volume we're capturing at our current locations is exceeding expectations, and we look forward to the continued roll-out of operations through-out the greater Chicago area and its suburbs."
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 including banana split, cookie dough, cotton candy, mint chocolate, Oreo®, Moose Tracks® and of course, vanilla, chocolate and strawberry.
Dan Kilkoyne, President of Mini Melts USA, commented, "We are pleased to welcome U-Vend as a select operator and distributor of our ice cream products. I envision a long and mutually rewarding business relationship."
During the fourth quarter 2013, U-Vend successfully installed 30 advanced Mini Melts self-serve kiosks in 27 Wal-Mart stores and entertainment centers throughout the greater Chicago area. Additional installations are planned for 2014.
To support the Company's existing kiosks and future expansion in the Chicago and surrounding regions; the Company has placed into operation a supply depot to provide comprehensive support services for its operating inventory of kiosks. The fully-staffed depot occupies approximately 3,600 sq. ft. and has the capacity to handle the servicing, maintenance and management requirements for over 400 self-serve kiosks.
ABOUT MINI MELTS
Mini Melts USA operates as the exclusive licensee of Mini Melts Inc., an INC. 500 Company, to produce Mini Melts® ice cream in the United States. Mini Melts Inc. owns the equipment and facility in Norwich, Connecticut and Mini Melts USA operates this facility under this exclusive license. For more information, visit http://www.minimelts.com/home/index.php.
U-Vend is currently headquartered in Stoney Creek, Ontario Canada, with additional locations in 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 with a particular focus on "Healthy Vending" 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.
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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 Speedemissions' 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 USA LLC.
Tel: (855) 55-UVEND
Tel: (855) 55-UVEND, ext. 3
SOURCE: Internet Media Services, Inc.