aVinci Media's Photo Movie Software To Be Offered At Walgreens--Nation's Largest...
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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--(Business Wire)--
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(R) 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(R) 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(R) 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,
Walgreens, 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
forward-looking 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, 212-825-3210
or
Public Relations
Steven Melfi/Lynn Granito, 212-825-3210
Copyright Business Wire 2008
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