SOURCE: ChitrChatr Communications, Inc.

March 06, 2014 09:00 ET

ChitrChatr Congratulates WhatsApp on Its Acquisition by Facebook for $19 Billion

CALGARY, AB--(Marketwired - Mar 6, 2014) - ChitrChatr Communications Inc. (OTC Pink: CHICF) (www.chitrchatr.com), a world leader in developing and marketing Comprehensive Universal Unified Communications Platform (CUUCP), congratulates WhatsApp on being acquired by Facebook as announced late Wednesday, February 19, 2014. We compare ChitrChatr to WhatsApp.

To provide subscribers a detail look into the features and operation of the ChitrChatr CUUCP, ChitrChatr has released the following video which can be viewed on YouTube:

https://www.youtube.com/results?search_query=ChitrChatr%20Ultimate%20Messaging%20Platform&sm=3

Last month, ChitrChatr announced the launch of a Founding Subscriber drive and is pleased to announce 11,400 new users seek to be Founding Users for ChitrChatr when it launches.

Facebook announced February 19th that it plans to acquire WhatsApp for $16 billion in cash and stock, plus another $3 billion in restricted stock units for employee retention, which is by far the company's largest acquisition and a deal that represents nearly one-tenth of Facebook's market value. ChitrChatr feels this reinforces the sector's momentum as technological advancements that consolidate and simplify communications are achieved. 

WhatsApp Messenger is a cross-platform mobile messaging app that allows you to exchange messages without having to pay for SMS. Currently, WhatsApp Messenger is available for iPhone, BlackBerry, Android, Windows Phone and Nokia. In addition to basic messaging WhatsApp users can create groups, send each other unlimited images, video and audio media messages using the same internet data plan that you use for email and web browsing, there is no additional cost to message and stay in touch with your friends. 

Facebook's deal to pay up to $19 billion for WhatsApp comes on the heels of a $900 million purchase of another messaging service, Viber, by Japanese Internet giant Rakuten.

Some analysts expect more deals to come now that it's clear that messaging is becoming a killer app that can enable mobile phone users around the globe to get free from their local carriers and communicate freely worldwide. ChitrChatr is poised for tremendous growth that can benefit shareholders and users alike moving forward.

In a February 24 article on Bloomberg.com "Facebook $19 Billion Deal Fuels Search for Next WhatsApp", Brian Blau, a social-media analyst at Gartner Inc said "If you're a technology player today, and you're in the communications business, then you need a way to capture people and bring them into your ecosystem," Blau said. "Virtually anybody in the technology space that has a pillar product around conversations and connecting people together could be a potential buyer." See the article here: http://www.bloomberg.com/news/2014-02-24/facebook-19-billion-deal-fuels-search-for-next-whatsapp.html

ChitrChatr's planned platform will do everything WhatsApp does and more. ChitrChatr has no ownership interest in WhatsApp and does not do any business with WhatsApp. Both ChitrChatr and WhatsApp feature: Profile; Voice Messaging and SMS. Only ChitrChatr will feature: Video Call; Group Messaging; Conference Calling; Call forwarding; Text forwarding; Social Media Networks, Voicemail/Video mail; Multi-protocol; Email; Fax and Desktop Application. WhatsApps also has Pay for Friend.

ChitrChatr - The planned communications platform will users voice/audio, video, conference calls, multi-protocol Chat services, Social Network Messaging, Text/SMS, Fax Services, and Email all rolled into one free messaging application. Subscribers only pay for calls made to mobile and PSTN telephones. Several competitive affordable subscription plans will be available to subscribers. 

ChitrChatr integrates 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 IP) 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 Universal Unified Communications Platform (UUCP), 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 their contacts in all other platforms within ChitrChatr without having to log into each individual account. Screen sharing, sending and receiving file(s) will also be a feature 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.

FEATURES OF CHITRCHATR

Voice /Video
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. Our Universal Unified Communications Platform (UUCP) allows users to communicate with another UUCP user by instant messaging, audio or video conference calls.

No longer will you have to switch from WhatsApp, to Google Hangouts, to Facebook Messenger, to Talkatone, to Skype, to Libon, to Viber, to BBM etc to send/receive messages to specific contacts. ChitrChatr incorporates all your contacts from all your different chat and video calling applications under one umbrella making it much easier to connect with contacts on different platforms.

ChitrChatr users can obtain one or more phone numbers from over 65 countries. Incoming calls can be forwarded to any other phone number. When calls are received -- whether the subscriber is on or offline -- all calls can be forwarded to the user specified number.

Email
ChitrChatr email will incorporate all the features currently available on other platforms like Microsoft Outlook, Gmail, Hotmail, Yahoo, and will allow the subscriber to receive emails from all their different email accounts into a consolidated ChitrChatr email account. Users are able to reply back from ChitrChatr using your incoming email account i.e. Gmail as a default for that particular reply. As a ChitrChatr subscriber you will no longer need to sign into all of your various email accounts just to receive and reply to emails regardless of which email account was used.

Social Media
While setting up the ChitrChatr preferences, users will be able to input their username(s) and password(s) for all their social network sites. Every time the user logs into ChitrChatr they will automatically be logged into all other social network sites. Users can easily be directed to the social media network of choice. If for example, a friend sends you a message through WhatsApp, and another from Facebook Chat, you will receive these messages in ChitrChatr with the reply back to their respective apps, without having to switch applications.

Text
One of the most unique features with ChitrChatr Text/SMS will be when a user reply's from your forwarded number, the recipient will receive your actual SMS number instead of the cell phone number from which you have forwarded from.

Fax
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 forward it to a fax machine, email address, and it can also be viewed 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.

The ChitrChatr Platform 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. By combining all communications into one easy to use application it will eliminate the need to download individual applications for each and every use. One app is all that's needed -- ChitrChatr.

ABOUT CHITRCHATR

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 "CA9", and in the United States on the Over The Counter Market (OTC) under the trading symbol "CHICF".

ChitrChatr is developing a proprietary internet-based communications platform, the Comprehensive Universal Unified Communications Platform (CUUCP), which offers communications services delivered to users through a fully-integrated global communications platform and user-friendly interface. The CUUCP is a common unified application that integrates virtually all methods of communication (including audio, video, conference calling, messaging, chat, text, fax, email and social networking services) into a single easy-to-use platform. The CUUCP 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.

ChitrChatr's CUUCP will be made available to end users as an app that can be accessed using a web browser and installed on a myriad of devices (including desktop and tablet computers, smart phones, mobile handheld devices and other dedicated hardware devices).

ON BEHALF OF CHITRCHATR COMMUNICATIONS INC.

Rahim Mohamed
President and Director

For further information please email press@chitrchatr.com.

Neither the CSE, the Frankfurt Stock Exchange nor the OTC Markets have reviewed, approved or disapproved the contents of this press release.

Forward-Looking Information:

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.

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