Zkid Network (NASDAQ:ZKID)
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ZKid Network Company and Sharing Way LLC Sign 20 Million Dollar
Sales and Marketing Agreement
NORTHBROOK, Ill., Dec. 21 /PRNewswire-FirstCall/ -- ZKid Network Company
(OTC:ZKID) (BULLETIN BOARD: ZKID) has signed a sales and marketing contract
with Sharing Way LLC, Scottsdale AZ. The contract allows all Sharing Way
Pre-Paid MasterCard Subscribers to become members of ZKid Network Company. ZKid
will become a value added partner to all Sharing Way Pre-Paid MasterCard
Customers. In return, ZKid Network Company will have access to debit bill all
Sharing Way Pre-Paid MasterCard members. ZKid Network Company will provide safe
internet access and age appropriate content to all Sharing Way MasterCard
members. Also, ZKid Network Company will provide safe faith-based internet
content to all Sharing Way Pre-Paid MasterCard members. Sharing Way LLC will
market ZKid Network Company to all of its 28 million members and allow them to
sign up to be members of ZKid Network Company. ZKid Network Company is a
proprietary software company dedicated to providing a totally safe environment
for children. ZKid's software provides safe internet e-mail and chatroom
capabilities as well as fully animated education/entertainment content for
children ages 4-10. Subscribers can participate in a Virtual Private Network
(VPN) specifically designed to provide a totally safe environment for children.
About Sharing Way LLC:
Sharing Way LLC is a charitable organization which provides a Debt Free Sharing
Way Pre-Paid MasterCard Program to its core audience of 28 million families to
support your church or favorite charity everyday. Visit Sharing Way LLC at
http://www.sharingway.com/ .
For investor information, contact Equitilink PR: Mr. Ron Gardner at
858-824-1940 or visit our new website at http://www.zkidnetwork.com/ .
Safe Harbor Provisions:
Safe Harbor Act Notice... This release may contain forward looking statements
that involve risks and uncertainties, including without limitation, acceptance
of the Company's products, increased levels of competition, product and
technological changes, the Company's dependence on financing and third party
suppliers, and other risks detailed from time to time in the Company's federal
filings, annual report, offering memorandum or prospectus. Specifications are
subject to change without notice.
ZKid Network Company CEO Donald Weisberg said, "After months of secret
negotiations, I am proud to announce the ZKid Network Company-Sharing Way LLC
Agreement. I am proud to announce that ZKid Network Company will be a value
added partner in The Sharing Way Pre-Paid MasterCard program and will also be
marketed out to all of Sharing Way's 28 million members. With approximately
500,000 Pre-Paid Sharing Way MasterCard members by the end of 2005, and 1
million members by the end of 2006, we have conservatively estimated our
agreement to be worth approximately $20,000,000 dollars. These projections have
allowed the Board of Directors to authorize the ability to have a 1 million
dollar buyback of common stock upon its discretion under market conditions in
the next 12 months, and a $250,000 line of credit. I would like to thank
Sharing Way's President Stuart Graham for choosing ZKid Network Company as a
value added partner. We will be sharing the value added stage alongside other
major corporations. This agreement will allow ZKid Network Company to enter a
new playing field in providing safe internet and faith- based content to
hundreds of thousands of Sharing Way LLC Pre-Paid MasterCard Subscribers. Our
next press release will explain our projections and new marketing strategies."
DATASOURCE: ZKid Network Company
CONTACT: Mr. Ron Gardner of Equitilink PR, +1-858-824-1940
Web site: http://www.sharingway.com/
http://www.zkidnetwork.com/