SOURCE: Children's Internet, Inc.

April 12, 2007 06:00 ET

The Children's Internet, Inc. Announces Appointment of New Director of Finance and Operations

New Senior Management Has Extensive Experience to Lead Turnaround

PLEASANTON, CA -- (MARKET WIRE) -- April 12, 2007 -- The Children's Internet, Inc. (OTCBB: CITC) announced today that Tim T. Turner has accepted its offer to become Director of Finance and Operations, effective immediately.

"I am extremely excited by both the challenge and the opportunity," said Mr. Turner, Director of Finance and Operations of The Children's Internet, Inc. "I have always considered The Children's Internet® to be one of the best products that I've been associated with over the course of my career. The Company faces many obstacles, but also has a tremendous opportunity to achieve great heights. I have confidence in the product and believe it has great market potential. I look forward to working with Sholeh and the rest of The Children's Internet staff. They have shown tremendous dedication and perseverance in their continuing efforts to move the company forward and build value for shareholders."

"We are delighted to welcome Mr. Turner to the Company," said Ms. Sholeh Hamedani, Chief Executive Officer of The Children's Internet, Inc. "Tim is intimately familiar with our Company, our product and our market and I believe can help us move beyond these difficult times. He is a man of unquestioned integrity who brings with him a wealth of experience, from managing start-ups and public companies to leading turnarounds. He will add great value to our Company and on top of it he is a pleasure to work with. As Director of Finance he will manage our Accounting Department and oversee the relationship with our new audit firm thereby allowing me to leverage my time and focus on marketing and product development."

Mr. Turner added, "In the coming months it is my intention to work with Company management to accomplish three things. First and foremost is to negotiate a settlement agreement with the SEC. Getting the SEC action behind us will enable the company to focus its efforts on marketing and operations rather than on accountants and lawyers. Second, the Company must take steps to raise additional capital that will enable the Company to aggressively market its product. A large and expanding customer base will be fundamental to increasing revenues through expanded licensing fees, but more importantly, I believe, through the establishment of profitable relationships with new partners and advertisers. Third, we must insure that The Children's Internet® continues to be a world class service; unquestionably better than any other product on the market and compelling to potential customers."

About The Children's Internet, Inc.:

The Children's Internet, Inc. http://www.ChildrensInternet.com is the exclusive marketer and distributor of the multiple award-winning membership based service, The Children's Internet®. The Children's Internet is the most comprehensive, predator-free, secure Internet service and educational super portal created just for kids, pre-school to junior high, providing them with SAFE, real time access to the World Wide Web; access to millions of the best pre-selected, pre-approved educational and entertaining web pages.

The Children's Internet provides a child with the tools they need to succeed in life; a rich array of easy to use applications including secure e-mail, a kid-friendly search engine, homework help, games, news, fun activities and virtually limitless educational resources all within its protected online community. The product is not simply a filtering or monitoring product that studies say fail 1 out of 5 times to protect kids from inappropriate sites. It's unique from all other services because it is protected by proprietary, patent pending software, SafeZone Technology®, which locks down the desktop as it offers unprecedented security against Internet predators and crude, unsuitable content while giving children a sense of freedom and parents total peace of mind!

About Tim Turner:

Mr. Turner has over thirty years of experience in a variety of industries including high tech, Internet, consumer products and retail. Tim has been the CFO or COO for eight companies over the course of his career. Tim's experience ranges from Fortune 100 companies to ground floor startups, as well as extensive turnaround experience. Tim was controller for Heublein Wines, Inc., a division of RJR Nabisco, which was at that time the world's second largest producer and marketer of wine products. Fifteen years ago Tim co-founded Spatialight, Inc. Spatialight developed the world's first VGA LCOS display. Today, these products are used in high end projection TVs. Tim was hired by California Orchards, Inc. as CFO to successfully lead a turnaround of this troubled specialty retail chain. In addition, from 1998 though 2000, Tim was CFO and COO for Two Dog Net, Inc., the developer of Safe Zone Technology® and The Children's Internet®. At Two Dog Net Tim led a team of over twenty technologist and creative staff that designed and developed the product from the concept stage to a fully functional prototype. Tim has also held the positions of CFO for Almaden Vineyards, Inc., CFO for ISC Wines, Inc., COO for Excambria, Inc., CFO for Sundale Beverages, Inc. and CFO and COO for NanoXM, Inc. Tim earned a BS degree in Engineering from San Jose State University.

FORWARD-LOOKING STATEMENTS

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to the Company and its present and planned business and operations. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's and management's ability to control and that actual results may differ materially from those discussed in the forward-looking statements as a result of various factors.

All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

Contact Information

  • Contact:
    Investor Relations:
    ir@tcimail.net
    Phone: (925)737-0144
    Fax: (925) 737-0224