TELECORP INC. ENTERS INTO MULTI-MILLION DOLLAR SALES
AGREEMENT
October 9th, 2013
New York, New York ? October 9, 2013 ? Telecorp, Inc. (OTC Markets:
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. in the
past 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.
________________________________________
About 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.
Founded in 2006 in Cheyenne, Wyoming USA and with operations in New
York City and Barrie, Ontario Canada. Telecorp has a team of
employees based in North America, Central America, Australia and
Europe.
________________________________________
Safe Harbor Statement
This release includes forward looking statements, which are based
on certain assumptions and reflects management?s current
expectations. These forward looking statements are subject to a
number of risks and uncertainties that could cause actual results
or events to differ materially from current expectations. The
Company disclaims any intention or obligation to update or revise
any forward looking statements, whether as a result of new
information, future events or otherwise.
________________________________________
About Forward-Looking Statements
Statements in this press release may be "forward-looking
statements". Words such as "anticipate," "believe," "estimate,"
"expect," "intend" and similar expressions, as they relate to the
company or its management, identify forward-looking statements.
These statements are based on current expectations, estimates and
projections about the company's business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict.
Therefore, actual outcomes and results may, and probably will,
differ materially from what is expressed or forecasted in such
forward-looking statements due to numerous factors, including those
described above. In addition, such statements could be affected by
risks and uncertainties related to the exploration for and
development of mineralized material, product demand, market and
customer acceptance, competition, pricing and development
difficulties, as well as general industry and market conditions and
growth rates and general economic conditions. Any forward-looking
statements speak only as of the date on which they are made, and
the company does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this release.
For further information, please contact:
Telecorp, Inc.
Investor Relations
investors@telecorp.com
or German_IR@telecorp.com
Copyright ? 2013 Telecorp Inc. All rights reserved
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