Safe Communications, Inc., Finalizes Full Licensing Agreement With Chinese
SCOTTSDALE, Ariz., Feb. 25, 2013
SCOTTSDALE, Ariz., Feb.25, 2013 /PRNewswire/ --Safe Communications, Inc.
(OTCPINK: SGTB) announced today the signing of final licensing agreement with
FullChance of China.The license calls for a launch of Safe's virtual world,
Kuboo.com in China.The license calls for Safe to supply the technology while
the China partners will provide the funding and technical expertise to
develop, register and market Kuboo for the Chinese market. The original
agreement, signed in October 2012, called for an initial investment of
$500,000 by the China Company.The two companies have been working on the
technology transfer during the past several months as well as the translation
of the site from English to Chinese and are already well on the way to the
China Launch of Kuboo.com.Safe Communications did a beta launch of
www.Kuboo.com, its virtual at its family day event on October 6, 2012 and is
preparing to launch the updated site in the next few weeks.
John Venners, President of Safe Communications stated: "Our relationship with
our Chinese partners has proven to be extremely friendly, positive and
cooperative. The technology and language transfers have been moving as fast as
could be expected, especially after taking into consideration a new directive
regarding website access by the Chinese government in late December.There
are currently over 550 million internet users in China, with approximately 57
million new users signing up in 2012.That growth is expected to continue.
With a Chinese government and culture that is extremely protective of their
children,Safe Communications child safe products are a natural there,
providing us with endless opportunities."
Representing the Chinese partners, FullChance, are Annie Ma and Shouvik
ABOUT THE PARTNERS:
ANNIE MA: Annie has vast business expertise in China from financing to
corporate development. Annie is founder and CEO of Ample Luck International
Capital. Ample Luck has raised over $1.5 Billion in private equity and venture
capital funds and has over $500 Million under management. Ample Luck and
leading media retailer FAB co-manage a 1 Billion RMB Film, Media and Culture
fund. Ample Luck is preparing a $300 Million film fund to be launched in
October, 2012. For more information go to www.AmpleLuck.com.
Annie attended the Executive Program at the Sloan School of Management at the
Massachusetts Institute of Technology (MIT). She has a PhD in Finance from
Huazhong University of Science and Technology, an MA from Capital Economics
and Trade University, and a B.A. in International Trade from Changchun
Annie is a National Committee Member of the 300 million strong All-China Youth
Federation, a Standing Committee Member of the Hubei Provincial Youth
Federation and a Director of China Youth Entrepreneurs Association. She serves
on the board of directors ofoverten companies.
SHOUVIK BHATTACHARYYA: Shouvik is CEO & MD of Valtech Technologies,
responsible for US, Asia-Pacific, Middle-East & Africa. He has been with
Valtech and its acquired entities for ten years, and has held leadership roles
in strategy, technology, delivery and operations.
Shouvik has been profiled amongst "12 Global Leaders for tomorrow" in Chief
Executive Magazine. He received the "Bharat Gaurav" award in 2009, recognizing
his contribution to the industry as a non-resident Indian. He was awarded "CEO
with HR Orientation" by Asia-Pacific HRM Congress in 2010.
Prior to joining Valtech, Shouvik was with Booz Allen Hamilton in New York,
where he had management consulting experience serving several industries
including retail, oil and gas, telecom, energy utilities, financial services
and education, for clients in the U.S., Europe and the Middle-east.
Shouvik was a Sloan Fellow at the Massachusetts Institute of Technology (MIT)
and has an MBA from the Sloan School. He is an alumnus of the Indian Institute
of Technology (IIT). He is an Electrical & Electronics engineer, with a second
Master's degree focused on industrial engineering and management.
About Safe Communications:
Safe Communications provides secure email and web texting service free of
charge through its kids site, MouseMail.com. Parents must register their
children and pre-approve all contacts. Any unapproved contacts or
inappropriate content will be diverted directly to the parent for further
action. In addition, the company offers totally secure video chat that also
requires parental contact approval. Safe Communications is accepting a limited
number of people to test and review its beta version of the most advanced safe
3D virtual world, with individualized Avatars, for small children called
KUBOO. Those interested in participating should visit www.KUBOO.com. The KUBOO
world will be filled with educational features, age appropriate games as well
as interactive capabilities with approved contacts.
Safe Communications' products, led by MouseMail.com, are designed for the
modern family on the go. Early detection devices warn parents of potential
abuse and inappropriate content, allowing secure, open exchange with loved
ones and friends. Safe Communications designs products so that your children
can enjoy the electronic ride without being exposed to potential harm or
abuse. For more information, contact: firstname.lastname@example.org or visit us
online at www.mousemail.com or www.Kuboo.com.
SOURCE Safe Communications, Inc.
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