CITC (good news this am):
The Children's Internet, Inc. Enters Into Preliminary Discussions With Industry-Leading, Security and Software Company
2010-07-15 08:30 ET - News Release
GOLD RIVER, CA -- (MARKET WIRE) -- 07/15/10
The Children's Internet, Inc. (PINKSHEETS: CITC) announced today that it has entered into preliminary discussions with Symantec, best known for its antivirus internet security. With the help of its strategic partners, The Children's Internet is currently negotiating potential business relations with this industry leading internet security and software provider. Recent due diligence has included The Children's Internet providing detailed information to Symantec that shows the unique, novel and proprietary advances that The Children's Internet has made with its kids based Wizard Lock Security?.
Richard J. Lewis, CEO of The Children's Internet, stated that "Because everyone in the industry is looking for better ways to protect kids while they are online and exploring the internet, we are well positioned with our technology to be a valuable asset to many of the more established security and software based internet companies. I say that because we provide a quick path to this high demand market niche by offering an award winning, multi-pronged security technology that includes age appropriate security and online content components, and safe, social networking features."
Mr. Lewis added that "Our overall corporate strategy has always included bundling our product with prominent internet service providers. This is another step forward toward that end."
A password to view the current Corporate and Investor videos, designed by "IDEAS - The Innovation Studio" of Orlando, formerly part of Walt Disney Company, can be obtained by going to www.kidwideweb.net. The Children's Internet® was ranked by PC Magazine as Editors' Choice in the category of "Kids' Browsers and Services" and declared the winner, rated #1 over AOL, MSN and EarthLink.
