EPGL gonna run hard on Monday...
Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 28, 2006, the Company entered into an agreement with the United States Army for a U.S. Army Research Project entitled Exceptional Family Training and Transitioning Program, focusing on education and training in the developmental and special health care needs arena. The contract which is worth over $800,000 will be paid in installments and will be effective from December 1, 2006 through December 31, 2007. Under the terms of the agreement, EP Global Communications Inc. will be working with the US Army Medical Corp (USA-Medical Corp) and their Exceptional Family Member Program (USA-EFMP) Program Coordinators and Families by providing a special U.S. Army edition of Exceptional Parent Magazine, developing and implementing a series of online CME and CEU accredited interactive TV quality seminars on a variety of disability specific topics and by providing selections from the Exceptional Parent Bookstore to be delivered to specified US Army installations and special needs families.
Upon commencement following a needs assessment meeting with representatives of the Department of Defense Exceptional Family Program, U.S. Army, USA Medical Corps and other interested parties, EP Global and USA-EFMP will construct and implement its mutually designated representatives to implement and distribute plan goals. Up to eight military installations with large hospital and rehabilitation facilities will be identified as the target Department of Defense (DoD) recipients of this information and these centers will be key sites for measuring the effectiveness of this research undertaking. Beginning in January 2007, EP Global will deliver up to 8,000 customized copies of its flagship publication, Exceptional Parent Magazine, monthly, to the designated military installations that include the DoDs major hospitals and/or combined rehabilitation facilities.
EP Global will also work with the USA-EFMP Program Coordinators, USA Medical Corps and Professional Medical Societies such as the AADMD in developing and executing up to six CME and CEU accredited online interactive TV-quality seminars to Exceptional Family Military Program families, Army Medical Staff and others in the area of developmental disabilities. The topics and focus of these seminars will be selected by the special needs assessment USA-EFMP delegates working in concert with EP Global Communications and its associated partners, the American Academy of Developmental Medicine and Dentistry and Vemics, Inc.
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