DGKO De Greko Communications, a wholly owned subsidiary of De Greko, Inc. a holding company that specializes in consolidating Greek themed revenue-generating companies, today announced that it has started development on European and Asian versions of Clixme, its new "Click to Call" Service.
UNTAPPED WORLD MARKETS
Following the successful launch of Clixme over the last couple of weeks in North America, the company is moving forward on developing the product to be compatible with European and Asian telephone services. Currently, to our knowledge, no one is developing this type of program for these markets. The Company has not yet researched trade and regulatory restrictions in these markets, but intends to begin to do so in the near future.
At the end of 2005, the Asian population reached over 3.6 billion people. According to "Internet World Stats," over 10% had Internet capability, which is over 364 million people. The Asian and European markets account for 64% of the world's Internet users.
"We cannot ignore the facts that the Internet brings the world together. By developing an Asian and European version of Clixme, we will have the potential to reach over 650 million Internet users in these regions," stated Fotis Georgiadis, CEO of De Greko. "Our research and development team continues to tweak Clixme into a dynamic program and we hope to begin testing our Asian and European versions shortly."
For all future De Greko investor relations needs, investors are asked to visit the De Greko IR Hub at http://www.AGORACOM.com/IR/DeGreko, where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to DGKO@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.
De Greko, Inc. (OTC: DGKO) is the parent company of De Greko Foods, De Greko Communications and De Greko Entertainment. Founded in 1998 as De Greko, LLC, the Company plans to serve as a commercial hub for a variety of revenue-generating companies. De Greko's business philosophy combines the American entrepreneurial sprit with old-world charm and cutting-edge commercial innovation.
Note: All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results to differ materially from such statements, including, without limitation: (i) competition, (ii) fluctuations demand and supply of our target markets, including Internet based telephone operations (iii) risks associated with new business ventures. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.
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