Safe Communications, Inc., Finalizes Full Licensing Agreement With Chinese Company, FullChance.
SCOTTSDALE, Ariz., Feb. 25, 2013 /PRNewswire/ -- Safe Communications, Inc. (OTCPINK: SGTB) announced today the signing of final licensing agreement with FullChance of China. The license calls for a launch of Safe's virtual world, Kuboo.com in China. The license calls for Safe to supply the technology while the China partners will provide the funding and technical expertise to develop, register and market Kuboo for the Chinese market. The original agreement, signed in October 2012, called for an initial investment of $500,000 by the China Company. The two companies have been working on the technology transfer during the past several months as well as the translation of the site from English to Chinese and are already well on the way to the China Launch of Kuboo.com. Safe Communications did a beta launch of www.Kuboo.com, its virtual at its family day event on October 6, 2012 and is preparing to launch the updated site in the next few weeks.
John Venners, President of Safe Communications stated: "Our relationship with our Chinese partners has proven to be extremely friendly, positive and cooperative. The technology and language transfers have been moving as fast as could be expected, especially after taking into consideration a new directive regarding website access by the Chinese government in late December. There are currently over 550 million internet users in China, with approximately 57 million new users signing up in 2012. That growth is expected to continue. With a Chinese government and culture that is extremely protective of their children, Safe Communications child safe products are a natural there, providing us with endless opportunities."
Representing the Chinese partners, FullChance, are Annie Ma and Shouvik Bhattacharyya.
ABOUT THE PARTNERS:
ANNIE MA: Annie has vast business expertise in China from financing to corporate development. Annie is founder and CEO of Ample Luck International Capital. Ample Luck has raised over $1.5 Billion in private equity and venture capital funds and has over $500 Million under management. Ample Luck and leading media retailer FAB co-manage a 1 Billion RMB Film, Media and Culture fund. Ample Luck is preparing a $300 Million film fund to be launched in October, 2012. For more information go to www.AmpleLuck.com.
Annie attended the Executive Program at the Sloan School of Management at the Massachusetts Institute of Technology (MIT). She has a PhD in Finance from Huazhong University of Science and Technology, an MA from Capital Economics and Trade University, and a B.A. in International Trade from Changchun Institute.
Annie is a National Committee Member of the 300 million strong All-China Youth Federation, a Standing Committee Member of the Hubei Provincial Youth Federation and a Director of China Youth Entrepreneurs Association. She serves on the board of directors of over ten companies.
SHOUVIK BHATTACHARYYA: Shouvik is CEO & MD of Valtech Technologies, responsible for US, Asia-Pacific, Middle-East & Africa. He has been with Valtech and its acquired entities for ten years, and has held leadership roles in strategy, technology, delivery and operations.
Shouvik has been profiled amongst "12 Global Leaders for tomorrow" in Chief Executive Magazine. He received the "Bharat Gaurav" award in 2009, recognizing his contribution to the industry as a non-resident Indian. He was awarded "CEO with HR Orientation" by Asia-Pacific HRM Congress in 2010.
Prior to joining Valtech, Shouvik was with Booz Allen Hamilton in New York, where he had management consulting experience serving several industries including retail, oil and gas, telecom, energy utilities, financial services and education, for clients in the U.S., Europe and the Middle-east.
Shouvik was a Sloan Fellow at the Massachusetts Institute of Technology (MIT) and has an MBA from the Sloan School. He is an alumnus of the Indian Institute of Technology (IIT). He is an Electrical & Electronics engineer, with a second Master's degree focused on industrial engineering and management.
About Safe Communications:
Safe Communications provides secure email and web texting service free of charge through its kids site, MouseMail.com. Parents must register their children and pre-approve all contacts. Any unapproved contacts or inappropriate content will be diverted directly to the parent for further action. In addition, the company offers totally secure video chat that also requires parental contact approval. Safe Communications is accepting a limited number of people to test and review its beta version of the most advanced safe 3D virtual world, with individualized Avatars, for small children called KUBOO. Those interested in participating should visit www.KUBOO.com. The KUBOO world will be filled with educational features, age appropriate games as well as interactive capabilities with approved contacts.
Safe Communications' products, led by MouseMail.com, are designed for the modern family on the go. Early detection devices warn parents of potential abuse and inappropriate content, allowing secure, open exchange with loved ones and friends. Safe Communications designs products so that your children can enjoy the electronic ride without being exposed to potential harm or abuse. For more information, contact: email@example.com or visit us online at www.mousemail.com or www.Kuboo.com.
SOURCE Safe Communications, Inc.