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Leading movie rental kiosk operator TNR Entertainment exclusively selects NCR


August 21, 2008
By Administrator

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Aug. 21, 2008, Dayton, Ohio  – NCR Corporation and TNR Entertainment Corporation announced they have signed agreements that will help bring greater competition to the market for movie rental kiosks and offer more entertainment choices to consumers.

Aug. 21, 2008, Dayton, Ohio  – NCR
Corporation and TNR Entertainment Corporation announced they have
signed agreements that will help bring greater competition to the
market for movie rental kiosks and offer more entertainment choices to
consumers.

TNR is the second-largest operator of movie rental kiosks in North
America, under The New Release and MovieCube brands, and is the movie
kiosk leader in the grocery channel with approximately 2,200 units
deployed.  NCR is the global leader in assisted- and self-service
technology solutions across multiple industries.

Naming NCR as its exclusive supplier of self-service technology and
services, TNR said it intends to place volume orders for NCR Xpress
Entertainment DVD vending kiosks this year and in 2009.

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In addition, TNR signed a multi-year Managed Services agreement with
NCR, focused on kiosk high availability, which is critical in the
consumer self-service market.  With its suite of Managed Services, NCR
is able to offer a turnkey solution that allows enterprises to deploy
quickly and focus on growing their business.

NCR also announced it has made a minority equity investment in TNR.  Terms of the transaction were not disclosed.

“NCR’s technology, combined with its development resources and global
services capabilities, will help provide TNR the resources we need to
continue our success going forward,” said TNR President and Chief
Executive Officer Tim Belton.  “This agreement will help unify our
fleet of kiosks onto a single software platform, improve our quality of
service to consumers and enable TNR to meet growing demand from our
channel and distribution partners.”

The NCR Xpress Entertainment portfolio includes a multichannel software
platform and a high-capacity DVD vending kiosk that enables rentals,
sales of shrink-wrapped media or a combination – with a capacity of
nearly twice that of competing units on the market today.  Other NCR
Xpress Entertainment options include digital download kiosks, as well
as bare-disk handling capabilities and support for other types of
digital media such as music and video games.  NCR also offers the
ability for consumers to interact via the Internet or their mobile
devices.

“NCR is pleased that a market leader like The New Release/MovieCube has
adopted the NCR Xpress Entertainment platform,” said NCR Chairman and
Chief Executive Officer Bill Nuti.  “This further validates our
strategy of expanding NCR self-service solutions beyond our traditional
financial and retail industry strongholds into adjacent markets such as
travel, healthcare and entertainment.”