News

InnoVentry adds Arizona locations

March 7, 2002

SAN FRANCISCO -- InnoVentry Corp will deploy its RPM cash management machines, which feature check-cashing functionality, in 22 Albertson's supermarkets and three Osco Drug stores in the Phoenix and Tucson metro areas.

The initial installation of the RPM machines in Albertson's and Osco will take place this month. The Albertson's installations will bring the current number of RPMs located in retail locations in the Phoenix area to more than 100. Nationwide, InnoVentry has deployed approximately 500 of the machines.

"We have been looking for a kiosk based provider of broad range financial services for years," said Pat Steele, Albertson's executive vice president of information systems and technology. "We believe InnoVentry's RPM machines will be an excellent customer service tool and we're pleased to have entered into this agreement with them."