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KIOSK Information Systems expands production, products, people

February 16, 2011

Coming off an exceptional growth rate in 2010 and a recent recapitalization by Alerion Capital Group, Inc., KIOSK Information Systemsis expanding its facilities, product lines and 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 staff additions in engineering, sales, manufacturing and customer services and a 30-percent boost in 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 its existing 65,000-square-foot production and development facility in Louisville, Colo. The new logistics area will accommodate the rise in high-volume customer deployments, while maintaining the flexibility in the main building production lines.

"The steep growth throughout 2010 is indicative of the industry coming into a new realm of consumer acceptance," said KIOSK's CMO Tom Weaver in a press release. "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."

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KIOSK Information Systems

KIOSK Information Systems is a world leader in self-service solutions because of its long history delivering proven expertise in design engineering and manufacturing, application development, integration, and comprehensive support services.

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