PNI Digital Media Renews Contract with Costco Wholesale Canada Online Photo Centre
June 09 2011 - 6:00AM
Marketwired
PNI Digital Media (TSX VENTURE: PN)(OTCBB: PNDMF) ("PNI" or the
"Company"), the leading innovator in online and in-store digital
media solutions for retailers, announced that the Company has
extended the terms of its Internet Services Agreement with Costco
Wholesale Canada Ltd. ("Costco Canada") to provide and operate the
Costco Canada online photo service which is connected to 81 Costco
warehouse locations across Canada for an additional five year
period up to June, 2016. The service will continue to allow Costco
Members to easily upload and place orders for photo prints,
greeting cards, calendars, photo books, posters, and other photo
gift items on the Costco Canada Photo Centre website, with the
ability to pick up their photo prints at the selected Costco
warehouse location. PNI Digital Media also provides online photo
services for Costco in the United States and Australia.
About PNI Digital Media- Founded in 1995, PNI Digital Media
operates the PNI Digital Media Platform, which provides transaction
processing and order routing services for major retailers. The PNI
Digital Media Platform connects consumer-ordered digital content,
whether from online, in-store kiosks, desktop software or mobile
phones, with retailers that have on-demand manufacturing
capabilities for the production of personalized products such as
photos, photo books and photo calendars, business cards and
stationery. PNI Digital Media successfully generates millions of
transactions each year for retailers and their thousands of
locations worldwide.
Further information on our company can be found at
www.pnimedia.com.
The statements that are not historical facts contained in this
release are forward-looking statements that involve risks and
uncertainties. PNI Digital Media's actual results could differ
materially from those expressed or implied by such forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, changes in technology,
employee retention, inability to deliver on contracts, failure of
customers to continue marketing the online solution, competition,
general economic conditions, foreign exchange and other risks
detailed in the Company's annual report and other filings.
Additional information related to the Company can be found on SEDAR
at www.sedar.com and on the SEC'S website at
www.sec.gov/edgar.shtml. The information contained herein is
subject to change without notice. PNI Digital Media shall not be
liable for technical or editorial errors or omissions contained
herein.
PNI Digital Media relies upon litigation protection for
"forward-looking" statements.
The TSX Venture Exchange has neither approved nor disapproved
the information contained in this release. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contacts: PNI Digital Media Simon Cairns Investor Relations and
Press Contact 866-544-4881 ir@pnimedia.com www.pnimedia.com
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