Chalk Signs Agreement with Fortune 100 Telecommunications Provider
October 09 2008 - 7:00AM
Marketwired
Chalk Media Corp. (TSX VENTURE: CKM) today announced that it has
signed a software licensing agreement for Mobile chalkboard(TM)
with one of the largest telecommunications companies in the world.
The carrier has millions of customers across the United States,
including all of the Fortune 1000 companies.
Mobile chalkboard(TM), Chalk's BlackBerry� communication
software, will initially be used by the carrier's mobile
consultants who develop mobile strategies for the Fortune 1000
accounts. These consultants will be using Mobile chalkboard(TM) to
wirelessly distribute audio and video based podcasts to their
BlackBerry devices. Additionally, they will be using Chalk's
software to deliver training and share knowledge.
"We are excited to sign this deal with one of RIM's largest
carrier partners and one of the largest resellers of BlackBerry
devices worldwide", said Stewart Walchli, President & CEO of
Chalk. "Moreover, this deal creates tremendous leverage by getting
our software not just in the hands of our customer, but also in
front of our customer's customers."
"We have already gained tremendous traction with several other
telecommunications companies as a result of this deal," Mr. Walchli
explained. "This validates our strategy of first licensing our
software to those organizations that are leaders in our targeted
industry verticals and securing them as referenceable
accounts."
"The initial deployment of our software is to a very elite and
influential group within this carrier," Mr. Walchli continued. "By
winning this competitive bid, we believe that we are very well
positioned to sell additional licenses to this carrier for the
100,000+ mobile devices that it has deployed across its
organization."
About Chalk Media Corp.
Chalk's mobile content deployment system, Mobile chalkboard(TM),
allows multimedia content to be created, securely pushed and
tracked on BlackBerry� smartphones. Our software and content help
organizations communicate with their employees, business partners
and customers. Additional information is available at
www.chalk.com.
Forward Looking Statement
This press release contains "forward-looking statements" within
the meaning of applicable Canadian securities legislation.
Generally, forward-looking statements can be identified by the use
of forward- looking terminology such as "plans", "expects" or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may" ,"could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Chalk to be materially
different from those expressed or implied by such forward-looking
statements, including but not limited to: risks related to the
speculative nature of the software industry, which is affected by
numerous factors beyond Chalk's control; the existence of present
and possible future government regulation; the significant and
increasing competition that exists in the software industry; and
risks associated with early stage companies such as Chalk,
including uncertainty of revenues, markets and profitability and
the need to raise additional funding.
Although Chalk has attempted to identify important factors that
could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors
that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. Chalk does not undertake to update any forward-looking
statements that are incorporated by reference herein, except in
accordance with applicable securities laws. Further information on
Chalk Media Corp. is available at www.sedar.com.
The BlackBerry� and RIM families of related marks, images and
symbols are the exclusive properties and trademarks of Research In
Motion Limited. RIM assumes no liability and makes no
representation, warranty or guarantee in relation to third party
products or services.
The TSX Venture Exchange has not reviewed the contents of this
release and is not responsible for its accuracy.
Contacts: Chalk Media Corp. Kris Sutherland Executive Vice
President (604) 453-4424 Email: kris@chalk.com Website:
www.chalk.com
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