Oct 26, 2009 13:45 PSI Corp.'s Coupon Program Makes Progress PSI Corp. (Pink Sheets:PSCP), operating as Pantel Systems Inc., (the "Company" or "PSI") operates a full service multi-functioning kiosk in various supermarket locations in New York City. For the past six months, the Company has focused on the development of its advertising and coupon dispensing technology function from its kiosks. David Foni, the Company's Chief Executive Officer, stated, "PSI's multi-functioning kiosk is unique for its multiplicity of capabilities and now has succeeded in raising coupon redemption rates in excess of 20% for its supermarket coupons versus the supermarket industry average of 1.4% redemption rate for free standing inserts. The key reasons for the success of the program is the products being offered are all from major consumer product good companies, there are meaningful discounts on the offerings, there are visual ads being shown on the kiosk's LCD screen in the supermarkets and equally important the supermarkets are receiving a 100% realization from the coupons being redeemed within 30 days." continued...
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