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 TROY, Mich., Sept. 2 /PRNewswire/ -- Kmart Corporation (NYSE: KM) and Axxess Entry Technologies today announced that all Kmart stores now offer an advanced new automated Precision Key Duplicating System that identifies and manufactures metal keys with greater speed and accuracy than existing technology.
 "The system provides Kmart associates the means to cut keys more conveniently and efficiently than any other retailer. This innovative new technology eliminates the guesswork when matching a customer's key and provides quality service that is ahead of its competition," said Tim Findlay, divisional vice president for Kmart.
 "The Axxess Precision Key Duplicating System is the result of three years and $8 million of research resulting in state-of-the-art, user- friendly technology that will revolutionize retail key cutting service," said Richard P. Kughn, Axxess board member.
 Axxess developed the key duplicating system which was tested in several Kmart stores prior to the rollout to all Kmart stores, Kughn explained. The prototypes of the Axxess system achieved excellent results in the test stores.
 "Kmart's leadership in the retail market is further enhanced by the addition of the Precision Key Duplicating System," added Findlay.
 "The Precision Key Duplicating System not only makes identification and cutting keys easier, but it instills confidence in the operating attendants," Kughn said.
 "With the Precision Key Duplicating System, employees are not hesitant to use the key machine," said Sharon Lombard, sports/auto manager for a Phoenix-area Kmart store.
 Another benefit to the system, explained Kughn, is a built-in audio training program that allows any employee to use the machine.
 "The training process eliminates the need for a store to have an experienced key attendant with years of key cutting knowledge. The system allows anyone to use it," Kughn said.
 Kughn is president and chairman of the board of Lionel Trains, Kughn Enterprises and he is chairman of the Upper Deck Corporation.
 Axxess Entry Technologies began development of the Precision Key Duplicating System in 1990. Realizing the system's potential, Warburg, Pincus Investors, L.P., an affiliate of the New York-based venture banking firm of E.M. Warburg, Pincus & Co., Inc., provided expansion capital for Axxess in 1993.
 Kmart Corporation serves America with over 4,000 retail outlets in all 50 states in the United States and in Puerto Rico, Canada, the Czech Republic and Slovakia. Kmart, currently operating 2,409 Kmart stores, is also the parent company for PACE Membership Warehouse, Builders Square, PayLess Drug Stores, Waldenbooks, The Sports Authority, OfficeMax and Borders.
 -0- 9/2/93
 /CONTACT: Darlene Park of Kmart, 313-643-4210; or G. Lynn Hagen of Axxess, 602-731-6699/

CO: Kmart Corporation; Axxess Entry Technologies ST: Michigan, Arizona IN: Retail SU: PDT

ML -- DE008 -- 8293 09/02/93 09:31 EDT
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Publication:PR Newswire
Date:Sep 2, 1993

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