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PHOTOCHANNEL SINGS AGREEMENT WITH SAM'S CLUB PhotoChannel to provide and operate Sam's Club's online photo services Vancouver, BC - February 6, 2008- PhotoChannel Networks Inc. (TSX-V: PN and OTCBB: PNWIF) ("PhotoChannel") the leading innovator in Online Digital Media Solutions for retailers today announces it has signed an agreement with Sam's Club USA ("Sam's Club"), a division of Wal-Mart Stores, Inc, to provide and operate the Sam's Club online photo service. The service will allow Sam's Club Members to easily and effortlessly place orders for prints, greeting cards, photobooks, calendars and other photo gift items and pick them up at the closest Club location or have them mailed to their home. The new service will launch in March 2008. "Sam's Club is very meaningful to our Company in terms of our growing relationship with Wal-Mart and in terms of the revenue increase it will deliver our business," says Peter Fitzgerald, Chairman and CEO of PhotoChannel. "Sam's Club, besides being one of the largest retailers in the United States is also one of the premier photofinishing destinations. We are building Sam's and their millions of members an online photo site which will set the standard in the industry in terms of features and usability. We are very pleased to have been chosen as Sam's online photo platform provider." "We believe PhotoChannel will provide Sam's Club members with a great online photo experience and uphold the standards and value we strive to deliver every day to our members," says Michael Chaney, Merchandise Director Electronics and Technology at Sam's Club. "This new service will complement our in club photo processing capabilities and give our members more options. We are excited to be partnering with PhotoChannel." About PhotoChannel-Founded in 1995, PhotoChannel operates PNI Digital Media to provide services for major retailers, wireless carriers and content providers. The PNI Digital Media Platform connects consumer ordered digital content with retailers that have on-demand manufacturing capabilities for the production of merchandise. PNI Digital Media generates transactions for retailers and their thousands of locations worldwide including Wal-Mart, Costco, CVS/pharmacy, Tesco and Boots. For more information please visit www.pnidigitalmedia.com. About Sam's Club-The nation's leading members-only warehouse club offers a broad selection of general merchandise and large- volume items at value prices. Since 1983, Sam's Club has been the preferred choice for small businesses, families or anyone looking for great prices on name-brand products. At Sam's Club we exist solely to help small business owners succeed nationwide. Each day more than 584 Sam's Club locations, averaging 132,000 square feet, help small business owners and operators live the American Dream - the same dream Sam Walton lived when he started Wal-Mart and Sam's Club. For more information please visit www.walmartfacts.comor www.samsclub.com.
For Financial Information, Contact: PhotoChannel Networks Inc. Mr. Robert Chisholm Investor Information: (800) 261-6796 Website: www.photochannel.com WARNING: The TSX Venture Exchange has neither approved nor disapproved the information contained in this release. PhotoChannel relies upon litigation protection for "forward-looking" statements. |
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