SOURCE: Telecorp, Inc.

Telecorp, Inc.

September 30, 2013 17:19 ET

Telecorp Inc. Enters Into Multi-Million Dollar Sales Agreement

Agreement With Retail Merchants' Association of Canada Adds to Bottom Line Revenues

NEW YORK, NY--(Marketwired - Sep 30, 2013) - Telecorp, Inc. (PINKSHEETS: TLNUF), a leading developer of affordable, state-of-the-art Customer Relationship Management (CRM) and client contact software solutions, announced today that it has signed a major sales agreement with The Retail Merchants' Association of Canada (RMA).

The Retail Merchants' Association (RMA) is an Ontario based not-for-profit organization serving the independent retailers in Canada since 1910. The RMA's mission is to assist independent businesses and associations to compete and make a profit by offering programs, such as rebates, coupons and online advertising, to its members in order to reduce their operating costs.

The RMA has connection to over 75,000 members and, it is believed that through their marketing channels, as well as their associate associations, their combined endeavors will allow Telecorp to secure significant sales and subscriptions in this partnership's shared revenue model. It is estimated through group strategies and projections that in three years, this combined program will generate revenues in excess of $3.5 million. This conservative estimate is based on obtaining 3,000 to 4,000 subscribers over the course of the 3-year sales agreement. 

The sales agreement with RMA offers to sell core services to all members of the association. The expanded agreement will also include partnerships with six more associations to create superior revenue streams than originally predicted. Beyond the individual members and each member's satellite locations, and now with this rejuvenated mandate, Telecorp has added the following association partners to the sales agreement: Canadian Automobile Association Programs (CA-AP), Canadian Home Furnishings Association (CHFA), Federation of Ontario Bed and Breakfast Accommodations (F.O.B.B.A.), Opticians Association of Canada, Canadian Home Furnishings Alliance, and Ontario Restaurant, Hotel& Motel Association (ORHMA).

"RMA is very pleased with our partnership with Telecorp Inc. and we are elated we can take it to the next step with them. The exciting suite of services that will be available for our members and now our associate associations will help all of us reach targets and forecasts," said Ralph Moyal, President of Retail Merchants' Association of Canada Inc. "We are extremely excited for the opportunity that we have before us and I have total faith that this project will exceed all financial benchmarks we have forecasted together," he added.

"Our projections, based on numbers presented to us by the associations and from the RMA, will undoubtedly increase our exposure opportunities, which means more demonstrations and trials, and which will subsequently transition into sales," said Paul Phillips, President and CEO of Telecorp Inc. "More to the point, the Company will increase revenue expectations by at least 10% and that figure will increase exponentially over the term of the agreement," he added.

Telecorp Inc.

Telecorp is a growing provider of communication solutions to many companies and industries including, automotive, real estate, financial, health, charities, and many more. Telecorp offers creative and software solutions for communicating with our client's customers at levels never seen before. A total solution that is not only affordable, but indispensable for any business, no matter the size. Telecorp's modules allow the best marketing tools, first rate sales acquisition systems, customer communication processes, drive greater profitability from every interaction and allow every user to reduce costs and increase productivity at every use.

The company's integrated suite of customized solutions includes customer acquisition, customer care, automated voice services, emergency communications, conferencing, data management, webinars, customer and hardware support tools, e-mail, fax and text broadcast messaging, direct to voice mail messaging, customized voice messaging, text to speech systems, predictive and progressive dialing, contact management solutions and much more.

Telecorp Inc. was incorporated in Canada in 2009.

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