aVinci Media’s Photo Movie Software To
Be Offered At Walgreens–Nation’s Largest Retail Pharmacy Chain
Approximately 6,300 Retail Locations to Carry
Product Beginning November 2008
DRAPER, Utah – October 23, 2008 – aVinci Media Corporation (“aVinci�, AVMC.PK, www.avincimedia.com),
a company revolutionizing the way life’s events and memories are created,
shared, and preserved, will offer its aVinci® Studio Photo DVD kits in approximately
6,300 Walgreens stores across the U.S. The Walgreens product launch is scheduled
for mid- November 2008, in time for the holiday gifting season.
“Selling through Walgreens, the nation’s largest retail pharmacy chain,
is a major milestone for us,� said Chett B. Paulsen, aVinci’s chief executive
officer. “Walgreens customers will be able to buy our DVD kit and use their
home computers to create compelling full motion productions, complete with
fully licensed popular music that they can view on any television or personal
computer with a DVD player.�
The aVinci® Studio Photo DVD kits will be sold in the photo departments
of Walgreens stores. Each kit comes with nine different “movie� themes for
customers to choose from, including All Occasion, Wedding, Baby, Achievement,
and Vacation, to name a few with additional seasonal titles available for
download online. The kits, which retail for under $25, include a finished
professional quality DVD production that is mailed directly to the end customer.
A new feature to aVinci’s software allows customers to preview and order
matching photo books and/or posters with “one-click.�
As part of its strategy to monetize some of the 300+ billion images captured
in the U.S. each year and stored offline, aVinci Media’s new Digital Image
Lifestyle solutions are designed to automatically create compelling productions
for customers rather than be another complex software tool that requires
time or expertise to use. The company invites interested parties to view
aVinci’s Digital Image Lifestyle products by visiting www.avincistudio.com.
About Walgreens
Walgreens is the nation's largest drugstore chain with fiscal 2008 sales
of $59 billion. The company operates 6,479 drugstores in forty-nine states,
the District of Columbia and Puerto Rico. Walgreens provides the most convenient
access to consumer goods and cost-effective health care services in America
through its retail drugstores, Walgreens Health Services division and Walgreens
Health and Wellness division. Walgreens Health Services assists pharmacy
patients and prescription drug and medical plans through Walgreens Health
Initiatives Inc. (a pharmacy benefit manager), Walgreens Mail Service Inc.,
Walgreens Home Care Inc., Walgreens Specialty Pharmacy LLC and SeniorMed
LLC (a pharmacy provider to long-term care facilities). Walgreens Health
and Wellness division includes Take Care Health Systems, which is comprised
of: Take Care Consumer Solutions, managers of 247 convenient care clinics
at Walgreens drugstores, and Take Care Employer Solutions, managers of worksite-based
health and wellness services at 364 employer campuses.
About aVinci® Media Corporation
Each year, more than 300 billion images are captured with digital cameras
and phones. Less than 10% of those images are monetized through prints and
personalized photo products. aVinci Media Corporation develops compelling
and easy-to-use solutions for photo consumers, available through partners
such as Walmart, Costco, Meijer, HP, Fujicolor and others that revolutionize
how individuals create, capture and share compelling personal moments while
unlocking the value of images stored offline. The company developed the aVinci
Experience product line to simplify and automate the process of creating
professional-quality, multi-media productions using personal photos and videos.
Visit http://www.avincimedia.com.
Safe Harbor Statement
This press release contains forward-looking statements. Such forward-looking
statements are subject to a number of risks, assumptions and uncertainties
that could cause the Company's actual results to differ materially from
those projected in such forwardlooking statements. In particular, factors
that could cause actual results to differ materially from those in forward
looking statements include, our inability to obtain additional financing
on acceptable terms, risk that our products and services will not gain widespread
market acceptance; continued consumer adoption of digital technology, inability
to compete with others who provide comparable products, the failure of our
technology, inability to respond to consumer and technological demands,
inability to replace significant customers; seasonal nature of our business
and other risks detailed in our filings with the Securities and Exchange
Commission. Forward looking statements speak only as of the date made and
are not guarantees of future performance. We undertake no obligation to
publicly update or revise any forward-looking statements. When used in this
document, the words “believe,� “expect,� “anticipate,� “estimate,� “project,�
“plan,� “should,� “intend,� “may,� “will,� “would,� “potential,� and similar
expressions may be used to identify forward-looking statements.
The Investor Relations Group
Erika Moran/Tom Caden
Public Relations
Steven Melfi/Lynn Granito
212-825-3210 |
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