CALGARY, AB--(Marketwired - Mar 28, 2014) - ChitrChatr Communications Inc. (OTC Pink: CHICF) (PINKSHEETS: CHICF) ("ChitrChatr"), a world leader in developing and marketing the Comprehensive Universal Unified Communications Platform ("CUUCP"), today announced that it has incorporated a subsidiary in the province of Québec to perform further research and development on the CUUCP, potentially qualifying ChitrChatr for governmental economic development incentives, including both tax credits and grants.
In an effort to enable Canadian and Québec companies to become and remain innovative, the Canadian and Québec governments have implemented tax incentives to support these companies in their R&D initiatives. As a result, Canada and Québec are recognized as being among the most attractive places in the world to undertake R&D activities. ChitrChatr stands to benefit from incentives at both levels by performing development and advancement work on the CUUCP within the province of Québec.
The Canadian federal income tax credit program for Scientific Research and Experimental Development (SR&ED) sets out the conditions for basic and applied research or for experimental development to qualify for tax incentives. A project and its activities must meet three criteria, namely: scientific or technological advancement, scientific or technological uncertainty, and scientific or technical content.
In Québec, the program is structured to reimburse up to 90% of R&D completed in Canada. ChitrChatr believes the Canadian and Québec government programs are the most R&D friendly of any it has seen and allow for the best and most realistic opportunity to bring its products to market.
ChitrChatr aims to be the most advanced CUUPC available by integrating virtually all methods of communications, including voice, audio, video, conference calling, messaging, chat, text, fax, email and social networking services, into one easy to use platform. The ChitrChatr technology is based on VoIP (Voice over Internet Protocol) and uses Internet services and data transmission, rather than the public circuit-switched telephone networks of land telephone lines, cellular networks and satellite service.
When a ChitrChatr subscriber logs into the CUUCP, it will automatically log into all other accounts of the subscriber in services such as Yahoo, WhatsApp, MSN, Google Hangouts, Viber, Facebook, Skype, Fringe, etc. The subscriber will be able to communicate with contacts in all other platforms within ChitrChatr without having to log into each individual account. Screen sharing and sending and receiving files will also be features available in the Instant Messaging window. The initial release of ChitrChatr is expected to include various languages including English, Spanish, French, German, Chinese and Standard Hindi. Subscribers will only pay for calls made to mobile and PSTN telephones, and several competitive affordable subscription plans will be available.
Features of ChitrChatr
ChitrChatr's planned platform will feature chat and video calling, group messaging, conference calls, and text services all for free. It is not only a mobile messaging application; it can also be accessed from your desktop. ChitrChatr's Comprehensive Universal Unified Communications Platform ("CUUCP") will allow you to communicate with another CUUCP user (on any platform) by instant messaging, audio or video conference calls.
No longer will you have to switch from WhatsApp, to Google Hangouts, to Facebook Messenger, to MSN, to Yahoo, etc., to send/receive messages to specific contacts. ChitrChatr will incorporate all your contacts on all your different chat and video calling applications under one umbrella, making it much easier to connect with contacts on different platforms. You will be able to obtain one or more phone numbers from over 65 countries and forward incoming calls to any other phone number, whether you are on or offline.
ChitrChatr email will incorporate all the features currently available on other platforms like Microsoft Outlook, Gmail, Hotmail, Yahoo, and will allow you to receive emails from different email accounts into a consolidated ChitrChatr email management platform. You will be able to reply back from ChitrChatr using your incoming email account (i.e. Gmail) as a default for that particular reply. One sign in will allow you to reply, regardless of the platform.
While setting up your ChitrChatr preferences, you will input all your social network sites. Every time you log into ChitrChatr, you will automatically be logged into all other social network sites and can easily be directed to your social media network of choice. If for example, a friend sends you a message through Facebook Chat, you will receive these messages in ChitrChatr and be able to reply back without having to switch applications.
One of the most unique features of ChitrChatr's text/SMS will be your ability to reply from a forwarded number with the recipient receiving your actual SMS number instead of the number from which you forwarded the message.
With a ChitrChatr phone number, you will be able to send and receive telephone, SMS/text, and faxes to and from that single number. When someone sends you a fax, the ChitrChatr system will identify it as a fax and allow you to send it to a fax machine via email as well as view the fax on your ChitrChatr app on your desktop or cell phone. As a subscriber, you will be able to choose your preferences while setting up your account.
ChitrChatr's stock trades on 3 markets: in Canada on the Canadian Securities Exchange (CSE) under the trading symbol 'CHA', in Germany on the Frankfurt Stock Exchange (FRA) under the symbol 'CH9', and in the United States on the Over The Counter Market (OTC) under the symbol "CHICF".
ChitrChatr is developing a proprietary internet-based communications platform, the Comprehensive Universal Unified Communications Platform ("CUUCP"), which will offer communications services to users delivered through a fully integrated global communications platform and user friendly interface. The CUUCP will be a common unified application that integrates virtually all methods of communication, including audio, video, conference calling, messaging, chat room, texting, facsimile, email and social networking services, into one easy to use platform. The technology is based on VoIP and uses internet services and data transmission, rather than the public circuit-switched telephone networks of land telephone lines, cellular networks and satellite service.
The CUUCP will be made available to end users as an app that can be accessed using a web browser, and optionally installed on various technology devices such as desktop and tablet computers, smart phones, mobile handheld devices and other dedicated hardware devices. Combining all communications into one easy to use application will eliminate the need to download individual applications for each and every use. One App is all that's needed-ChitrChatr.
On Behalf of ChitrChatr Communications Inc.
President & Chief Executive Officer
Neither the CSE, the Frankfurt Stock Exchange nor the OTC Markets have reviewed, approved or disapproved the content of this press release.
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the expected business and commencement of trading in the common stock of ChitrChatr. The forward looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.