Chalk Media Corp.

Chalk Media Corp.

October 15, 2008 07:00 ET

Financial Times Global 500 News Agency Licenses Mobile chalkboard™

WASHINGTON, DISTRICT OF COLUMBIA--(Marketwire - Oct. 15, 2008) - Chalk Media Corp. (TSX VENTURE:CKM) today announced that one of the world's largest news agencies has signed a software licensing agreement for Mobile chalkboard™. The agency plans to deliver its multi-media news content to BlackBerry® devices using Chalk's software.

"This deal represents the largest licensing agreement for Mobile chalkboard™ that we have signed to date," said Stewart Walchli, President & CEO of Chalk. "The news agency will offer the service using our software to over 1,000,000 people. We will earn a recurring license fee from each of the subscribers."

"We are absolutely delighted with this deal as it demonstrates the appeal of our software in yet another important industry vertical," Mr. Walchli continued. "This is a cornerstone deal around which we plan to build our business."

About Chalk Media Corp.

Chalk's mobile content deployment system, Mobile chalkboard™, allows multimedia content to be created, securely pushed and tracked on BlackBerry® smartphones. Our software and content help organizations communicate with their employees, business partners and customers. Additional information is available at

Forward-Looking Statement

This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Chalk to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the speculative nature of the software industry, which is affected by numerous factors beyond Chalk's control; the existence of present and possible future government regulation; the significant and increasing competition that exists in the software industry; and risks associated with early stage companies such as Chalk, including uncertainty of revenues, markets and profitability and the need to raise additional funding.

Although Chalk has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Chalk does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. Further information on Chalk Media Corp. is available at

The BlackBerry® and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM assumes no liability and makes no representation, warranty or guarantee in relation to third party products or services.

The TSX Venture Exchange has not reviewed the contents of this release and is not responsible for its accuracy.

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