Financial Times Global 500 News Agency Licenses Mobile chalkboard(TM)
October 15 2008 - 7:00AM
Marketwired
Chalk Media Corp. (TSX VENTURE: CKM) today announced that one of
the world's largest news agencies has signed a software licensing
agreement for Mobile chalkboard(TM). The agency plans to deliver
its multi-media news content to BlackBerry� devices using Chalk's
software.
"This deal represents the largest licensing agreement for Mobile
chalkboard(TM) that we have signed to date," said Stewart Walchli,
President & CEO of Chalk. "The news agency will offer the
service using our software to over 1,000,000 people. We will earn a
recurring license fee from each of the subscribers."
"We are absolutely delighted with this deal as it demonstrates
the appeal of our software in yet another important industry
vertical," Mr. Walchli continued. "This is a cornerstone deal
around which we plan to build our business."
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
Chalk Media Corp Com Npv (TSXV:CKM)
Historical Stock Chart
From Sep 2024 to Oct 2024
Chalk Media Corp Com Npv (TSXV:CKM)
Historical Stock Chart
From Oct 2023 to Oct 2024