CORAL SPRINGS, Fla., Oct. 29, 2013 /PRNewswire/ -- Cyber Kiosk Solutions, Inc. (PINKSHEETS: CYBK) in May the Company announced 4,000 locations would be coming online using CYBK's co-branded web based system.
These locations offer services such as, bill payment, money transfer, mobile top up, debit card load, gift card sales, Debit card purchase, and soon CYBK's digital coupon program. All these locations are currently running on the web application for retail locations.
CYBK has added new locations to this already large roll out. Currently CYBK has trained 3 personnel that represent 1200 locations that are part of the 4,000 locations to be trained. CYBK also has in the pipeline new locations looking to get set up for training on the web based system. The training started off slower then CYBK had anticipated, but the kinks have been worked out and training continues 4 times a week. Over the next several months training will be completed and the individual location trainings will continue with new locations being added each month.
CYBK will be discussing with counsel the best way to help reward its shareholders who have been loyal and patient while the Company grows the business. The special reward may come in the form of a dividend and is expected to be announced in early November.
CYBK would like to inform its shareholders it intends on using social media outlets and the Company's website for updates per an SEC ruling that allows these outlets to meet Fair Disclosure Requirements. If you have not already done so, please join any of the Company's social media sites as they become available online to receive updates as they are posted.
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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SOURCE Cyber Kiosk Solutions, Inc.