ZKid Network Company Receives $2.2 Million Financing Commitment
27 10월 2004 - 9:00PM
PR Newswire (US)
ZKid Network Company Receives $2.2 Million Financing Commitment
CHICAGO, Oct. 27 /PRNewswire-FirstCall/ -- ZKid Network Company
(OTC:ZKID) (BULLETIN BOARD: ZKID) signed a term sheet for a $2.2M
financing package. This is the first in a series of steps to create
and enhance shareholder value for ZKid shareholders. The financing
will help to secure the long-term future and stability of ZKid
Network Company. ZKid Network Company CEO, Mitchell Lederer, says,
"In response to a difficult 90-day transition period, ZKid secured
this financing that it expects to close within thirty days. The
financing will ultimately benefit our loyal shareholders, secure
our long-term future and allow the company to continue its mission
to be the leading advocate of child safety on the Internet through
the development of innovative software and marketing programs."
ZKid's software provides safe Internet, e-mail and chatroom
capabilities as well as fully animated education/entertainment
content for children ages 4-10 and teenagers. Subscribers can
participate in a virtual private community specifically designed to
provide a safe online environment for children and teens. For a
free trial subscription, visit http://www.zkidnetwork.com/ . For
Investor information, contact Equitilink PR: Mr. Ron Garner at
858-824-1940, or visit our website at: http://www.zkidnetwork.com/
. 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. DATASOURCE:
ZKid Network Company CONTACT: Ron Garner of Equitilink PR,
+1-858-824-1940 Web site: http://www.zkidnetwork.com/
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