AdZone Research Signs Contract with Web Wise Kids Estimated to be Worth More Than $50,000,000 Annually Tuesday January 31, 10:00 am ET
CALVERTON, N.Y., Jan. 31, 2006 (PRIMEZONE) -- AdZone Research, Inc. (OTC BB:ADZR.OB - News) today reported it has signed a contract with Web Wise Kids, Inc. it estimates to be worth more than $50,000,000 annually. Under terms of the agreement, AdZone will be responsible for securing OPPS online predator profiling system licenses starting with the more than 2,000 Web Wise Kids community partners it has already engaged. Through the combined marketing effort with Web Wise Kids, AdZone's goal is to expand licensing of OPPS to potentially every one of the 19,000 police forces nationwide.
``We expect this partnership with Web Wise Kids will give AdZone access to as many as 2,000 police forces to immediately license with OPPS,'' said John A. Cardona, President and COO of AdZone. ``What we came to realize, once the Letter of Intent was signed two weeks ago, was that the 2,300 orders AdZone has already received from some 80 communities represents an average of 25 to 30 OPPS licenses per police department.''
``So, based on our experience to date, the communities where Web Wise Kids is already present represents a potential of upwards of 50,000 licenses,'' said Dan Wasserman, Executive Vice President and Managing Director of AdZone. ``To meet this forecasted demand, we have commenced discussions with channels used to dealing with this kind of licensing volume, to ensure that every license in every jurisdiction brought to AdZone through the Web Wise Kids strategic agreement will be fulfilled in the shortest amount of time.''
Web Wise Kids is a nonprofit organization located in Southern California. Since 2002, it has been teaching children, and their youth leaders, strategies for safe Internet use including methods of detecting and deterring online predators.
This press release is available on the company's official online Investor Relations HUB at http://www.agoracom.com/IR/AdZone for investor questions, answers and monitored commentary. Alternatively, investors are able to e-mail all questions and correspondence to ADZR*agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Contact: AdZone Research, Inc. Charles A. Cardona III (631) 369-1100
Posts: 274 | From: union,nj,usa | Registered: Jan 2004
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I'm testing out a new system ....this will keep the uptrend tomorrow and more than likely the next day IMO.
Posts: 36 | Registered: Jan 2006
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i got in late at .16 and i still made 17% when it went to .20.
How far do you think this will go? I mean $50mil is pretty big for stocks/companies at this price isn't it?
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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This should make a pretty nice gain tomorrow. IMO this will move nicely for at least days before it takes a dip.
From looking at the lines, there seems to be a pretty good gap before it closes on a signal for a downtrend. I'll probably get a better idea in two days.
Only my opinion!! GLTA
Posts: 36 | Registered: Jan 2006
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You guys need to look a little into how that "contract" amounts to $50 million, if it is a contract of any kind. I think think you are in a snow storm and might be blinded.
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