5th New Product Launch

Photo-Me International PLC 2 October 2000 PHOTO-ME INTERNATIONAL IN 5TH NEW PRODUCT LAUNCH OF 2000 Big savings on mobile telephone charges possible PMI will shortly start to deploy in France an ingenious addition to its remote retailing portfolio, the core of which is some 20,000 photobooths worldwide - the print@call machine, which will occupy less than 0.4 sq m, be located in high footfall areas and sell four products and services: * pre-paid telephone charge cards; * business and invitation cards; * e-mail; and * advertising. The telephone cards will be sold on behalf of Intercall, a publicly quoted telco in France and the French leader in pre-paid telephone charge cards, which, pursuant to a two year contract, will pay PMI a fixed amount per machine per month plus a substantial percentage of the turnover over a certain figure for this new, and for Intercall cheaper, channel of distribution. The cards, which can be used in connection with both fixed lines, public and private, and Intercall mobile telephones, give access to cheap rates - with savings to the consumer of up to 40% on mobile telephones and without the commitment and expense of a subscription - assist control of telephone charges and represent an attractive gift. Initially, 300 machines will be rolled out at a rate of 50 machines per month, starting in February 2001, but there is a stated mutual intention to deliver over 1,000 machines in France. The business and invitation card facility will represent a material upgrade on PMI s existing business card machine in terms of quality and speed. 30 standard size business cards will cost FF30. E-mails can be sent or received, and e-mail accounts can be created. A 15' square plasma screen on the top of the machine will be available for advertising, something which is likely to be particularly attractive to telephone companies. Such advertising screens are proving a generator of significant revenues for PhotoPlanet, PMI s photobooth with Internet access. The print@call machines, which will be manufactured at Photo-Me s factory at Grenoble in France, will both replace PMI s existing business card machines, of which there are some 1,000 in France and some 7,000 worldwide, and be installed in new sites. Many of the machines will be sited adjacent to PMI s photobooths and they will be maintained by the same personnel. The print@call machines look much more modern, in part through being equipped with a touchscreen, and are easier to operate than their predecessors. With their numerous advantages, they can be expected to yield a useful incremental profit. This is PMI s fifth significant new product launch of 2000, following: * the PhotoPlanet photobooth with Internet access (in jv with BT); * the minibooth reduced size (0.7 sq m) photobooth; * the DKS digital photo printing minilab (which recently won an important OEM contract from Eastman Kodak); and * the self-service digital photo printing kiosk (in jv with SanDisk). Serge Crasnianski, PMI s CEO, stated 'There can t be many companies of PMI s size that will achieve five significant new product launches in 2000. The print@call machine exemplifies PMI s strategy of offering additional services per site, of moving increasingly into the world of communications and of exploiting Internet technology with immediate profit. Roll out in other countries will follow once telephone card partners have been signed up.' Enquiries: Photo-Me International plc 01372-453399 Serge Crasnianski (CEO) Bankside Consultants Limited 020-7220 7477 Charles Ponsonby Photographs: A photograph of PMI s CEO, Serge Crasnianski, together with one of the machines, taken at the recent Photokina exhibition in Cologne and printed on a DKS machine, is available from Bankside Consultants.
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