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Ultimate Shopping Network Launches Revolutionary Digital Gift Card From imX Solutions
13 June 2006 USN Corporation (OTC Bulletin Board: USNR) ("USN"), owner of television's only luxury home shopping network, the "Ultimate Shopping Network," announced today a partnership with imX Solutions to offer a next generation, interactive digital gift card that will be available for purchase both online and in stores across the nation. More than a simple gift-certificate style card, the new offering delivers an immersive, multimedia shopping experience for USN's online customers and establishes the company as a leader in the lucrative and rapidly growing gift card arena. Initially available through the company's Web site and via phone, the pre- paid digital gift cards will be rolled out across the country later this year in national retail outlets, such as Sears, Kmart and CompUSA, significantly enhancing USN's customer reach by placing the card in front of millions of potential customers. The new cards will also play an important role in enhancing USN's online sales by offering an exciting shopping experience while delivering the Internet's most secure shopping solution with a two-factor authentication process prior to purchase. "At USN, we pride ourselves on exceeding the customer's shopping expectations and our new digital gift card expands this level of service to our online shoppers," said Mark J. Miller, CEO of USN Corporation. "Because the gift card business is such a large percentage of today's retail purchase environment, the card will help us to grow our online sales and significantly increase our presence with retailers across the country." imX Solutions' technology utilizes a wallet-sized mini compact disk (CD) to authenticate the user's identity, making secure online transactions possible. The imX CD not only validates the user's identity but has both storage and stored value capabilities, providing the perfect vehicle for multi-media educational presentations or secure application of payments directly to the card. "Our new USN digital gift card provides a 360 degree branding opportunity for the company while offering the Internet's most secure online shopping solution," said Jim Downes, CEO, imX Solutions. "As the world's first digital gift card, our solution truly represents the next level of e-commerce and is designed to provide our clients with a bridge between retail and online shopping. In the case of USN we anticipate a brand new client base of shoppers who now have a credit card alternative for shopping online and we are excited to be launching this great new card." ABOUT imX SOLUTIONS, INC. Founded in September 2003, imX Solutions Inc. -- an acronym for Internet money exchange -- delivers breakthrough technology to facilitate secure monetary or data access transactions over the Internet. imX created the world's first Internet shopping card that (through a patented process) drives customers directly to client web stores via an interactive marketing message. The card features retail product images users can click to make a purchase, "click-to-shop." For more information, visit http://imX-solutions.com or call 877-466-2120. ABOUT USN CORP. USN's (OTC Bulletin Board: USNR) wholly owned Ultimate Shopping Network is quickly becoming the luxury brand in television shopping. USN has positioned itself as television shopping's version of high-end retailing with a dedication to service, quality, integrity and luxury. Today, the Ultimate Shopping Network is broadcast to more than 30 million aggregated U.S. households on DIRECTV Channel 345, Dish Network 223, and various cable and broadcast outlets. The company also has an Internet shopping site, http://www.shopusn.com, which offers customers many of the same upscale products seen by viewers on the network at very competitive price points. Statements in this news release about anticipated or expected future revenue or growth or expressions of future goals or objectives, including statements regarding whether current plans to grow and strengthen the company's existing network will be implemented or accomplished, are forward- looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements in this release are based upon information available to the Company on the date of this release. Any forward-looking statements involve risks and uncertainties, or the benefits anticipated from the acquisition will not be realized. Additionally, forward-looking statements are based on current market conditions and risks, which may change as the result of certain regulatory, political or economic events, a shift in consumer preferences, as well as those risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, which could cause actual events or results to differ materially from the events or results described in the forward- looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements. Investors: Chris Rosgen Capital Market Relations for Ultimate Shopping Network 949-481-9739
Source: prnewswire
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