Announcement transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
New York, NY July 8, 2008: MyPhotoAlbum Inc. (Symbol 'FCT'), formerly
relationship to make KODAK-branded products available to MyPhotoAlbum
'This strategic relationship leverages MyPhotoAlbum’s position in the
market providing custom online photo sharing methods with Qualex’s highest
quality photo products and services, said Mark DeSimone, Qualex President.
Qualex is an innovative, full-service imaging company and we are pleased
that MyPhotoAlbum has chosen to form an alliance with our company.'
Under this agreement, Qualex will add MyPhotoAlbum to its existing digital
print production customer base, and MyPhotoAlbum will offer a wide range of
existing and next generation photo products and services. Premium quality
KODAK ROYAL Digital Paper will be used for all digital and film print
production moving forward. The agreement also allows MyPhotoAlbum
customers to benefit from Qualex’s best practices for customer fulfillment
and product delivery, and provides MyPhotoAlbum with marketing support.
'Qualex has provided a full suite of photo products and fulfillment
services enabling MyPhotoAlbum to aggressively compete with the largest
online consumer photo service companies in the industry. Our unique online
customization services combined with Kodak’s extensive product offering,
positions us well for growth over the next several years. The new
relationship reflects MyPhotoAlbum’s growing position in the North American
consumer photo industry. By working closely with Qualex, we will gain
immensely from a relationship with one of the largest wholesale photo
finishers, their marketing support and the power of the Kodak brand,' said
Peter Macnee, MyPhotoAlbum President and CEO.
MyPhotoAlbum, Inc. is a photo sharing service offering the most extensive
features for creating highly-unique, personalized online photo albums and
photo keepsakes. By taking the online photo experience beyond ordinary
uploading and printing, MyPhotoAlbum makes it easy and fun for everyone to
share and store photos within their own distinctive style and personality.
MyPhotoAlbum was founded in 2004 and is operated by a creative team
passionate about helping people get the most out of their digital photo and
Qualex Inc. is one of the largest wholesale photofinishing companies in the
world. Qualex offers traditional print and digital output solutions by
operating a large network of commercial labs throughout the United States
and Canada. The company is a wholly owned subsidiary of Eastman Kodak
Company and is headquartered in Durham, NC. Qualex and Kodak are
continuously researching, designing, and implementing innovative output
technologies that allow consumers to enjoy their pictures and images in
ways never before imagined.More information about Eastman Kodak Company is
available at www.kodak.com.
Kodak is a trademark of Eastman Kodak Company.
President & CEO
Issuer: MyPhotoAlbum Inc.
322 8th Avenue, Suite 701
10001 New York, NY
Vereinigte Staaten von Amerika
Phone: +1 212 981-8600
Fax: +1 212 981-8125
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Hannover, Düsseldorf, Stuttgart
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