U-Vend, Inc. Places 24 Mini-Melt Self-Serve Kiosks In Southern California Market

SANTA MONICA, CA--(Marketwired - Jun 25, 2015) - U-Vend, Inc., a consumer products and technology company that develops, distributes and markets next-generation self-serve electronic kiosks in a variety of retail environments across North America, is pleased to announce that it has placed an additional twenty-four Mini-Melt self-serve kiosks within its Southern California market, and as a result, remains ahead of schedule in its goal of installing a minimum of one hundred new machines in this territory by the end of 2016.

"We are very pleased with the reception we've received in the Southern California market, as well as with the financial performance being recorded since entering this region just eight months ago. We now total 54 self-serve kiosks strategically located in high-traffic areas and will continue to expand our presence within our targeted markets," stated Raymond Meyers, CEO of U-Vend, Inc.

Last October, U-Vend acquired territory rights from Mini Melts USA, Inc. for the placement and operation of Mini Melts self-serve kiosks, and establishment of wholesale operations within ten counties in Southern California and the greater Las Vegas area. As part of that agreement, U-Vend committed to installing a minimum of 100 additional new Mini Melt kiosks within these territories over the next 24 months. These two markets alone contain over 28 million consumers, and provide exemplary environments for the continuing expansion of the Company's Mini Melts self-serve kiosks.

Earlier in the year, the Company prepared for this growth by expanding the capacity of their depot, located in Orange, CA, as well as adding additional vehicles to assist with kiosk maintenance, customer service and new client installations.