December 3, 2009 (FinancialWire) — PSI Corp. (OTC: PSCP), operating as Pantel Systems, Inc., has signed a contract to install its multi-function kiosks, with strategic ATM services provided by MVMC, in Gristede’s Inc, a premiere New York City chain of small supermarkets. The contract calls for the installation of 26 kiosks during the first quarter of 2010.

This is PSI Corp.’s first integrated venture with MVMC, a subsidiary of The Egan Group, a large security and money management company servicing over 8,000 ATM locations for banks, credit unions and ISO retail ATM providers throughout the tri-state region. MVMC strategic services include vault cash, armored car service, 24-hour help desk for customer support and installation services.

PSI’s multi-function Pantel kiosks supplement traditional ATMs with multiple consumer point-of-purchase services, including advertising and coupon-dispensing. PSI has recently announced contracts to install its kiosks in several major supermarket chains, including Met Foods, D’Agostinos, Key Food, and the National Supermarkets Association, operating throughout New York City as well as New Jersey, Long Island, Westchester and Connecticut. In addition to providing traditional ATM services from MVMC, PSI’s innovative Pantel multi-function kiosks can print on-demand coupons, redeem text-messaged and loyalty-card coupons, distribute long-distance phone cards and permit select bill-paying, serving consumers and measurably boosting purchases at the stores that carry the kiosks.

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