Redbox, the nation's leader in providing automated DVD
rental services, today announced an agreement choosing Solectron
Corporation (NYSE:SLR), a leading provider of electronics
manufacturing and integrated supply chain services, as the exclusive
worldwide manufacturer of Redbox's fully automated DVD rental kiosks.
The newly designed system manufactured by Solectron will immediately
appear in markets.
"We are thrilled to be working with Solectron to provide increased DVD capacity and better overall functionality to our consumers," said Gregg Kaplan, venture leader for Redbox. "The superior design and capabilities of this new Redbox DVD kiosk will enhance both our consumers' and retailers' experience, and will help ensure we reach our plan to deploy 1,200 Redbox kiosks domestically in 2005." Over the last three years, Redbox has explored numerous designs and manufacturers and tested several in market, but has determined that its new Redbox design together with Solectron as a manufacturing partner provides a superior automated DVD rental kiosk. Furthermore, Redbox plans to replace its currently deployed kiosks with the Solectron-manufactured kiosks by the end of this year.
Launched in 2002, Redbox continues to revolutionize the DVD rental industry with a combination of ubiquitous locations and $1 per-night pricing. In 2004, Redbox deployed more than 100 automated DVD rental kiosks in nearly every McDonald's in the Denver, Colo., metro-area. Based upon the outstanding success of Redbox in Denver, McDonald's Corporation has committed to deploying DVD rental kiosks in several new markets in 2005.
Featuring worldwide manufacturing capabilities, a breadth of design and engineering services, product time-to-market, and a fully integrated supply chain, Solectron provides a global footprint for future expansion of Redbox products. "Solectron is proud to have been selected by Redbox to produce its fully automated DVD rental kiosks worldwide," said Doug Britt, executive vice president of Sales for Solectron. "Our innovative supply chain services, advanced technology and global support system have made Solectron a leader and a trusted partner for manufacturing of high-tech electronics."
About Solectron
Solectron (www.solectron.com) provides a full range of worldwide manufacturing and integrated supply chain services to the world's premier high-tech companies. Solectron's offerings include new-product design and introduction services, materials management, product manufacturing and product warranty and end-of-life support. The company is based in Milpitas, Calif., and had sales from continuing operations of $11.64 billion in fiscal 2004.
About Redbox
A wholly owned subsidiary of McDonald's Corporation, Redbox is a leading renter of DVDs through automated kiosks. Redbox continues to revolutionize the DVD rental industry as it expands its footprint inside grocery stores such as Smith's Food & Drug Stores, Giant and Stop & Shop, McDonald's restaurants, and other locations. More information about Redbox can be found at www.redboxdvd.com.
"We are thrilled to be working with Solectron to provide increased DVD capacity and better overall functionality to our consumers," said Gregg Kaplan, venture leader for Redbox. "The superior design and capabilities of this new Redbox DVD kiosk will enhance both our consumers' and retailers' experience, and will help ensure we reach our plan to deploy 1,200 Redbox kiosks domestically in 2005." Over the last three years, Redbox has explored numerous designs and manufacturers and tested several in market, but has determined that its new Redbox design together with Solectron as a manufacturing partner provides a superior automated DVD rental kiosk. Furthermore, Redbox plans to replace its currently deployed kiosks with the Solectron-manufactured kiosks by the end of this year.
Launched in 2002, Redbox continues to revolutionize the DVD rental industry with a combination of ubiquitous locations and $1 per-night pricing. In 2004, Redbox deployed more than 100 automated DVD rental kiosks in nearly every McDonald's in the Denver, Colo., metro-area. Based upon the outstanding success of Redbox in Denver, McDonald's Corporation has committed to deploying DVD rental kiosks in several new markets in 2005.
Featuring worldwide manufacturing capabilities, a breadth of design and engineering services, product time-to-market, and a fully integrated supply chain, Solectron provides a global footprint for future expansion of Redbox products. "Solectron is proud to have been selected by Redbox to produce its fully automated DVD rental kiosks worldwide," said Doug Britt, executive vice president of Sales for Solectron. "Our innovative supply chain services, advanced technology and global support system have made Solectron a leader and a trusted partner for manufacturing of high-tech electronics."
About Solectron
Solectron (www.solectron.com) provides a full range of worldwide manufacturing and integrated supply chain services to the world's premier high-tech companies. Solectron's offerings include new-product design and introduction services, materials management, product manufacturing and product warranty and end-of-life support. The company is based in Milpitas, Calif., and had sales from continuing operations of $11.64 billion in fiscal 2004.
About Redbox
A wholly owned subsidiary of McDonald's Corporation, Redbox is a leading renter of DVDs through automated kiosks. Redbox continues to revolutionize the DVD rental industry as it expands its footprint inside grocery stores such as Smith's Food & Drug Stores, Giant and Stop & Shop, McDonald's restaurants, and other locations. More information about Redbox can be found at www.redboxdvd.com.
© 2005 Business Wire
