PSI Corp. Signs LOI For Strategic Services With Security And Money Management Company
April 28, 2009 (FinancialWire) — PSI Corp. (OTC: PSCP), operating as Pantel Systems, Inc., has signed a letter of intent with The Egan Group for MVMC, a subsidiary of The Egan Group, to provide strategic services, including vault cash, armored car service, 24-hour help desk for customer support and installation services.
MVMC Corp is a large security and money management company servicing over 8,000 ATM locations for banks, credit unions, and ISO retail ATM providers located throughout the tri-state and surrounding areas within the Northeast Region and is complemented by a traditional armored service provider, Armored Money Services.
David Foni, CEO of PSI, said the LOI will help support the implementation of Pantel’s Cash Xpress e-banking kiosk allowing growth and market recognition to build business opportunities.”
PSI Corp., operating as Pantel Systems, Inc., provides interactive customer communications systems and applications that support the targeted marketing programs at point-of purchase service and information. The company has two verticals products: full service E- Banking Kiosks and full motion video digital signage in hospitals.
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