CableClix USA Inc (CCLX)

[mcjodie]

LOS ANGELES, March 17, 2017 /PRNewswire/ -- CableClix (USA), Inc. "CableClix" (OTC:CCLX) has entered into a twelve-month consulting agreement with a privately held Canadian company, 1823606 Alberta Ltd. Under this agreement, CableClix resources will provide consultative services and project management to a variety of operating companies in the areas of video transmission, caching, and archiving. These services will enable significant operational efficiencies and increased security capabilities for several logistical business units. 1823606 Alberta Ltd.'s principals recognize CableClix's proficiency in video transmission and security as a market differentiator when applied to its internal operation.

"CableClix is excited to be part of our client's IT transformation through the use of our technical capabilities. We are looking forward to building a long-term relationship beginning with this initial transaction," said Kris Domich, President and CEO of CableClix.

Under this consulting agreement, CableClix will recognize US$100,000 in revenue immediately from a service retainer.