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WQNI WQN Inc (CE)

0.0001
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
WQN Inc (CE) USOTC:WQNI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

WQN Signs Letter of Intent With GP-Imports to Distribute Child Safe Mobile Games

19/12/2011 2:56pm

GlobeNewswire Inc.


WQN (CE) (USOTC:WQNI)
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WQN, Inc. (OTCPK:WQNI.PK) today announced that it has signed a Letter of Intent with GP-Imports (http://www.gp-imports.com) to Market and Distribute the company's mobile game catalog through WQNI's retail distribution outlets. The Letter of Intent outlines a marketing and distribution agreement under which GP-Imports will grant WQNI an exclusive license to market and distribute the Company's mobile game catalog.

WQNI is a group of experienced entrepreneurs with expertise in marketing and distribution of digital products. WQNI will introduce the GP-Imports mobile games to consumers with a WQNI Child Safe Rating through the company's Mobile App Center in designated retail outlets.

"We are excited about adding Child Safe mobile games to our distribution channel that already consists of our No-Texting-while-Driving, and other Parental Control applications," said Michael Adler, Chief Executive Officer of WQNI.

Parents are worried about the risk of mobile games especially, when kids install mobile games from less-than-reputable sources or through links from text messages, they might also be getting offensive content, spam or malicious software. The combination of GP-Imports and CellSafety's parental control software adds an additional layer of protection and helps prevent these kinds of problems.

WQNI describes and rates all mobile games distributed through the company's Mobile App Centers.

"I believe WQNI's Child Safe Rating and retail distribution model makes tremendous sense," said Paul Jaimovich, CEO of GP-Imports. "We are pleased to be working with a company with a vision for child safety," continued Mr. Jaimovich.

About WQNI

WQNI markets and distributes mobile applications that enable parents to monitor their children's mobile phone activities.

Forward-Looking Statements

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. Specifically, references herein to contemplated acquisitions, industry growth and possible growth in company revenues and/or earnings are forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

CONTACT:  WQN, Inc.
          Phone: 214-533-8451

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