April 25, 2002
LODI, Calif. - PayStar Communications Corporation (OTCBB:PYST), has entered into a joint venture agreement with Coca-Cola of Indianapolis to promote full-motion video advertising on Coca-Cola vending machines. PayStar's advertising affiliate, brandATM, is also involved in the deal.
The agreement involves installing a 6 ½-inch self-contained video screen into Coke vending machines. PayStar predicts the innovation will generate significant annual revenues, which will be distributed among the three partners in the agreement. The project launch date is scheduled for Dec. 1.
PayStar is an independent provider of payphone services; Internet kiosks, cashlesss ATM Scrip machines; and pre-paid, multimedia and telecommunications services.