SOURCE: GAWK, Inc.

GAWK, Inc.

December 03, 2015 08:30 ET

GAWK CEO on MoneyTV Friday to Talk to Investors About $2 Million Line of Credit to Buy Data Centers & Ongoing Client Wins

LOS ANGELES, CA--(Marketwired - Dec 3, 2015) - GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle will be a guest on MoneyTV on Friday, December 4, 2015, to communicate to investors and the media the Company's plans to purchase data centers in the Mid-West and East Coast, utilizing TCA's recently announced line of credit of $2 million. Kettle will also talk about the significant client wins that GAWK has had in the last several months, including its letter of intent to acquire all of the assets of Connexum, LLC, which will, on execution, bring GAWK's annual revenue to approximately $6 million. Kettle said, "Connexum's strong position in the VoIP sector will nearly triple our revenue, making us a bottom line profitable company."

GAWK's business plan is to build a national chain of data centers, with international expansion. The Company has a presence in 21 countries, and 31 major cities, (16 cities in the U.S.) The Company posted the best quarter since its inception recently, reporting that revenue was up 952%.

Kettle continued, "We will install our Wireless technology in data centers we plan on purchasing throughout the United States, beginning with Southern California. GAWK's technology enhances the competitive and economic advantages of using Wireless for the delivery of broadband services to thousands of businesses."

About GAWK, Inc.

Gawk, Inc. offers a suite of cloud communications, cloud connectivity, cloud computing, and managed cloud-based applications solutions to small, medium, and large businesses; and offers domestic and international voice services to communications carriers worldwide. It offers a suite of advanced data center and cloud-based services, including fault tolerant, high availability cloud servers, which comprise platform as a service, infrastructure as a service, and a content delivery network; managed network services that converge voice and data applications, structured cabling, wireless, and security services, as well as include Internet access via Ethernet or fiber at speeds ranging from 10 Mbps to 10 Gbps; and data center solutions, including cloud services, colocation services, and business continuity services, such as storage and security. www.gawkinc.com

About MoneyTV

MoneyTV, created by Don Baillargeon, is the Founder, Executive Producer and Anchor of MoneyTV, an internationally syndicated weekly business television program reaching 150 million TV households globally. MoneyTV debuted in 1996, recently began its 20th year on television.

Forward-Looking Statements

All statements in this release that are not strictly historical facts are "forward-looking statements." Such forward-looking statements are based on GAWK's current assumptions, beliefs and expectations, and involve risks, uncertainties and other factors that may cause GAWK's actual results to be materially different from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words such as "expect," "plan," "possibility," "offer," "if," "negotiate," "when," "believe," "will," "estimate," "continue," and similar expressions. Risks, uncertainties, and other factors that could cause or contribute to such differences include, but are not limited to: ongoing and future intellectual property enforcement actions; the ability to successfully litigate or settle claims of patent infringement; GAWK's ability to obtain necessary financing, generate sufficient cash flow, and maintain appropriate indebtedness; and the increasing development of market competition in the area of telecommunications. These factors and others are described in more detail in GAWK's public filings with the Securities and Exchange Commission, including the risks discussed in the "Risk Factors" section in GAWK's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of these reports can be found on GAWK's website (http://gawkinc.com) under the heading "Investor Relations." GAWK is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    GAWK Inc.
    Investor Relations
    888.754.6190 Ext. 3