Contact Information: INVESTOR RELATIONS CONTACT: The Children's Internet, Inc. Phone: (916) 631.1500 Fax: (916) 631.1515
The Children's Internet Announces the Incorporation of a Sister Company, The Kid Wide Web, Inc.
| Source: The Children's Internet, Inc.
GOLD RIVER, CA--(Marketwire - January 15, 2010) - The Children's Internet, Inc. (OTCBB : CITC )
(hereinafter referred to as "TCI") announced today that it has completed
the incorporation of a sister company called the Kid Wide Web, Inc., a
Nevada corporation.
Richard J. Lewis III, CEO and Chairman of TCI, stated that, "The Kid Wide
Web will house the award winning internet security solution known as the
Wizard Lock Security™. Unlike traditional filter products, the Wizard
Lock Security™ incorporates a unique, patent pending technology to
provide a system of unparalleled security while at the same time providing
a dynamic, age appropriate kid-based community, complete with many of the
most popular interactive gaming sites."
Mr. Lewis added, "The Kid Wide Web relationship will allow us to upgrade
our product and to take a new, fresh approach to the marketplace.
Furthermore, the Kid Wide Web will enter into a license and service
agreement with TCI that should allow TCI to maximize revenues while cutting
back its overhead."
Mr. Lewis concluded by saying, "This is a sound corporate structure that is
a win-win proposition for both companies."
Awards won by The Children's Internet®:
The Children's Internet® was declared winner of Outstanding Products of
2006 by iParenting Media Awards in the software category.
The Children's Internet® received the coveted National Parenting Center's
Seal of Approval.
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.
Forward-Looking Statements:
This press release may be deemed to contain "forward-looking statements" as
that term is defined in the Private Securities Litigation Reform Act of
1995. Any forward-looking statements are made as of today's date and we do
not undertake any obligation to update forward-looking statements. You can
identify such statements by our use of such words as "should," "expect,"
"will," "intends," and similar words and phrases which denote future events
and which may depend on the future performance of the Company.
Specifically, these include statements as to future product releases, the
implementation of strategic initiatives and the ownership in TCI upon
completion of the transaction and whether or not the transaction will be
consummated. Our assumptions underlying these statements are also
"forward-looking" statements. Forward-looking statements are based on
information and assumptions that are dynamic in nature and subject to rapid
and sometimes abrupt changes. Our forward-looking statements are subject
to a number of risks and uncertainties that could cause actual results to
differ materially from those stated or implied by the statements. Our
forward-looking statements are also subject to important risks and
uncertainties detailed in our latest reports filed with the SEC and
available on its website at www.sec.gov.