ZKid Network Company and Sharing Way LLC Sign 20 Million Dollar Sales and Marketing Agreement
22 December 2004 - 2:28AM
PR Newswire (US)
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/
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