ZKid Network Company Signs Letter of Intent to Acquire USURF America's MomsandDads Parental Control Software
Tuesday April 20, 9:08 am ET
CHICAGO, April 20 /PRNewswire-FirstCall/ -- ZKid Network Company (OTC Bulletin Board: ZKID - News) announced today that it has signed a Letter of Intent to acquire the business and intellectual properties of USURF America's (OTC Bulletin Board: USUR - News) Children Technology Inc. d/b/a MomsandDads, a software company dedicated to providing a content-protected online environment for children.
MomsandDads' flagship product is Garfield Island(TM), available via download at www.garfieldisland.com and features the world famous cartoon cat Garfield(TM). ZKid expects to close the acquisition on or before May 30, 2004.
Jon Darmstadter, CEO of ZKid Network Company, says, "When we complete this acquisition we will be the largest, most dominant player; with the greatest package of technological software in the area of child safety on the Internet. To be able to acquire MomsandDads ends a journey which began by identifying the Company as a worthy competitor, acknowledging the greatness of its software, licensing the product from USURF America, to signing a Letter of Intent to purchase the MomsandDads business and intellectual properties. With the addition of Garfield(TM) in conjunction with the marketing programs we are currently undertaking, along with the customer base MomsandDads will provide, ZKid's commitment to becoming a revenue-producing Company in the second quarter of 2004 will become a reality."
About ZKid Network Company:
ZKid Network Company is a proprietary software company dedicated to providing a totally safe environment for children. ZKid's software provides safe Internet, e-mail, and chatroom capabilities as well as fully animated education/entertainment content for children ages 4-10. Subscribers can participate in a Virtual Private Network (VPN) specifically designed to provide a totally safe environment for children.
About MomsandDads
MomsandDads empowers parents to provide a safe online experience for their children. Its easily installed software applications provide a kid-safe Internet community that can be conveniently customized from anywhere.
