V2K Completes Prototype Design for Its Kiosk Marketing Program
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LAKEWOOD, Colo., Feb. 7 / / - V2K International, Inc. (BULLETIN BOARD: VTOK), announced today that its wholly owned subsidiary, V2K Window Fashions, has completed the prototype design for its kiosk marketing program. The kiosks are being built for a two-store test program with a major U.S. "big box" retail business, with approximately 580 locations. The unmanned kiosks will have live product custom window fashion samples and V2K franchisees will provide the infrastructure for order fulfillment on behalf of the retailer. To view the kiosk, please visit http://v2kinternational.com/V2Kkiosks.asp
V2K's proprietary 3-D software creates a three-dimensional room 100% to scale for viewing. First selections are made from hundreds of window treatment designs and fabric options. Next the choices are imported onto the virtual room for viewing of the window treatment along with instant pricing.
The leads generated by the kiosks will be distributed to one of the roughly 180 geographically located V2K Window Decor and More franchises to complete the sale, thereby enhancing the effectiveness of the sales and creating additional royalty revenue.
"The completion of the development of this prototype is a substantial milestone for our company, as it will ultimately be leveraged with our 3D Decor Creator technology. We are extremely excited to put our kiosk concept into action on schedule and within budget. During the past few months we have been working directly with the retailer developing the look, design and functionality of the prototype unit," said Vic Yosha, President & CEO of V2K. "The test will commence immediately upon completion of the initial kiosks, in approximately four to six weeks. 180 days after that, we expect to roll out an expanded test of an additional 25 units placed at demographically appropriate locations."
"We are now taking the strides necessary to commercialize and then expand the kiosk sector of our business. This is the second of three sources of revenue in our business model, with the third to materialize later this year. We have identified over 16,000 retail locations that are viable prospects for our kiosk marketing program and expect that revenues from this activity will quickly increase the revenues of our existing franchise model."
About V2K International, Inc.
Through its wholly owned subsidiary, V2K Technology, V2K develops and licenses proprietary software that is designed to be used in the commercial and home decor markets. Almost anything can be done to the interior of a room utilizing its software. In a three dimensional view, where everything is 100% to scale, the user can add, adjust, color and texture walls, windows, doors, ceilings and floors, and then drag and drop items from a library of products into the scene. V2K Technology licenses a version of the software for custom window treatments to another wholly-owned subsidiary, V2K Window Fashions, which operates the franchise system, V2K Window Decor & More. Using the technology as the centerpiece of a franchise offering, V2K Window Fashions sells and supports franchises in the window fashion industry. V2K currently has approximately 180 franchisees operating in the United States, Canada and Aruba.
Source: V2K International, Inc.
