DATAWAVE VENDING ANNOUNCES MAJOR AGREEMENT FOR KODAK ELECTRONIC MERCHANDISERS.VANCOUVER, BC--(BUSINESS WIRE)--JANUARY 10, 1995--DATAWAVE VENDING INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (VSE See DOS/VSE. VSE - Virtual Storage Extended :DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. ) Peter Hough, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of DataWave Vending Inc., is pleased to announce that DataWave has signed an agreement with Advanced Technology Applications, of Park City, Utah Park City is a city located in Summit County, Utah, United States. It is one of two major resort towns in Utah, the other being Moab. It is considered to be part of the Wasatch Back and a part of the Salt Lake City metropolitan area. , for 220 Kodak electronic merchandisers. These merchandisers will be placed with various "high profile" national accounts throughout the United States. The first twenty machines will be delivered by February 15, 1995. The total value of this agreement is in excess of $1.12 million (CAN). This agreement initiates an aggressive sales and marketing campaign for DataWave's photographic electronic merchandiser and TeleCard machine for 1995. It is also the first of several initiatives, in 1995, with major US based companies, that DataWave expects to confirm over the next 60 days. DataWave stands out from other vending machine manufacturers in that no competitors use a wireless, on-line credit card-transaction processing technology to dispense products, which one of North America's leading accounting firms predicts will be the leading technology of the 1990's. Mr. Hough is also pleased to announce that DataWave will be hosting a broker and shareholder meeting on Wednesday, January 11, 1995, at the Hotel Georgia, 801 West Georgia Street, from 5:00pm-7:00pm. -0- Note to Editors: The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved or disapproved of the contents of this news release. CONTACT: Datawave Vending Inc., Vancouver
Doug Cook, 604/251-8903, ext. 311
604/251-8906 (Fax)
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