WQN Signs Letter of Intent With GP-Imports to Distribute Child Safe Mobile Games
20 December 2011 - 1:56AM
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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