KIOSK Information Systems - Expanding Production, Products, and People

LOUISVILLE, Colo., Feb. 15, 2011 /PRNewswire/ -- Economic optimism is running rampant at KIOSK Information Systems (KIOSK).  Coming off an exceptional growth rate in 2010 and a recent recapitalization by Alerion Capital Group, Inc., the company is expanding facilities, product lines, and professional staff.

"Completing the recapitalization with Alerion was a huge milestone for the company in terms of moving KIOSK forward at the pace we've set," said Rick Malone, KIOSK Founder and CEO.  "Alerion Capital Group could not be a better match for the company – they recognize the growth opportunity in self-service and are strongly aligned with KIOSK's culture of rapid innovation and agility.  The investment capital timing has enabled high caliber staff additions in Engineering, Sales, Manufacturing, and Customer Services - as well as a 30+% boost to production capacity."

By the end of February, KIOSK will spread out manufacturing into an additional 20,000 square foot building, implementing a logistics facility adjacent to their existing 65,000 square foot production and development facility in Louisville, CO.  The new logistics area will accommodate the rise in high-volume customer deployments, while maintaining the flexibility in the main building production lines.

KIOSK CMO Tom Weaver adds, "The steep growth throughout 2010 is indicative of the industry coming into a new realm of consumer acceptance.  The rate of incoming deployers and new self-service applications is unprecedented, and we only see it accelerating.  The recapitalization has synchronized KIOSK's response capability to meet this opportunity head on."  

About KIOSK Information Systems:

Since 1993, KIOSK Information Systems (KIOSK) has led the industry in design and manufacturing of self-service kiosk terminals. An exceptionally broad portfolio of standard and custom KIOSK designs is deployed with Fortune 500 clients in virtually all self-service vertical markets.  As the undisputed market leader in custom solutions, KIOSK provides proven expertise in design engineering, component integration, and quick-turn manufacturing for even the most sophisticated self-service solutions.  ISO 9001:2008 certified processes in engineering, manufacturing, service, and support ensures every solution provides superior field reliability.  Additional information about KIOSK Information systems can be found at www.kiosk.com , by calling 1-800-509-5471, or emailing [email protected].

Alerion Capital Group is a private equity and management advisory firm headquartered in Scottsdale with an office in Salt Lake City. Alerion invests in technology sector later-stage, middle market.  Alerion provides investment capital coupled with strategic business expertise gained through the group's extensive management experience at industry leading technology firms. www.alerion.com.

SOURCE KIOSK Information Systems