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CKM Chalk Media Corp Com Npv

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Share Name Share Symbol Market Type
Chalk Media Corp Com Npv TSXV:CKM TSX Venture Common Stock
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Chalk Signs Software Licensing Agreement for Ten Thousand Seats of Mobile chalkboard(TM) With Fortune 200 Defense Contractor

24/09/2008 12:20pm

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Chalk Media Corp Com Npv (TSXV:CKM)
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Chalk Media Corp. (TSX VENTURE: CKM) today announced that a Fortune 200 defense contractor has licensed 10,000 seats of Mobile chalkboard(TM) Version 5.1 to utilize Chalk's BlackBerry Productivity Library, a series of courses designed to provide basic training to BlackBerry users.

The Fortune 200 defense and aerospace systems supplier, specializes in defense, homeland security, and other government markets throughout the world.

This deal represents Chalk's single largest deployment of Mobile chalkboard(TM) to date. It helps validate the assertion that large enterprises see value in rolling-out Mobile chalkboard(TM) broadly across their organizations. Furthermore there is potential for the account to grow and the client's decision was based in part on an expectation to realize significant help desk support cost savings from the licensing of Chalk's BlackBerry Productivity Library.

"We are ecstatic to have won this deal with this Fortune 200 company," said Stewart Walchli, President & CEO, Chalk. "This deal illustrates the tremendous market opportunity we have with professional services firms and government contractors, two industry verticals that have a very large number of BlackBerry devices deployed."

"In an environment where smartphone growth is exploding and where businesses are looking to reduce costs, we are proving that our solution is uniquely positioned to help our clients save money, and increase their return on their existing investments in BlackBerry technologies," added Mr. Walchli.

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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