NYON, SWITZERLAND--(Marketwire -03/07/12)- Wikifamilies (OTCQB: WFAM.PK - News) (Pinksheets: WFAM.PK - News), a developer of patented social media technologies and the online community www.Wikifamilies.com, announced today that it has entered into a letter of intent (LOI) with The Revelation Network (TRN) http://trn.tv, a multi-media, digital broadcast company based in Los Angeles, CA. Under the terms of the LOI, TRN is committed to offering www.Wikifamilies.com to their associates, including, but not limited to, the United States Pastors Association (USPA), under the direction of Rev. Dr. Erick Hall, which has over 17 million member congregants.
Under the terms of the LOI, Wikifamilies will be offered to all USPA members. TRN helps Pastors and their congregations utilize technology for ministry and evangelism as they transition from brick and mortar communication models to efficient and cost effective digital models. TRN, through its television network, premium channels and pay-per-view programming, reaches audiences worldwide across multiple media platforms including: the Internet, mobile phones, personal hand held devices, and new media digital transmissions.
Alicia Hamilton, Founder and Principal of TRN, said, "Since many of our programs are religious-based, I immediately connected to the idea of having Pastors set up their own 'family' of congregations on Wikifamilies' secure site. From there, members can create subgroups such as the choir, church management group, elders, etc. Pastors can broadcast their sermons, Bible Studies, archive inspirational videos or send private messages to those in need. With Wikifamilies, we have added peace of mind knowing that online information will not be sold or shared publicly without the users' explicit approval."
"Since all of TRN's media is inspirational, educational and motivational with positive themes for the entire family, it was directly in line with our goal to attract communities with shared values. This licensing agreement enables Wikifamilies to reach a broad range of individuals, producers, ministries, churches and organizations from all around the world. We stand to benefit from shared revenue streams and per user fees, plus fees related to online storage of confidential data. It's a win-win for both parties," said Malcolm Hutchinson, CEO of Wikifamilies, Inc.
About Wikifamilies, Inc.
Wikifamilies, Inc., through its proprietary social media and mobile platform www.Wikifamilies.com, is a Web-hosted networking site where friends, families, sports teams, churches and other membership organizations can manage, store and share information, videos, documents, and more, all within close-knit communities. Unlike other social media networks that sell your personal information to advertisers, Wikifamilies, Inc. offers secure and complete privacy of data, which is never mined for advertisers. To sign-up today, visit www.Wikifamilies.com. It is free to join and a number of high-value services are available for a nominal fee.
This press release may contain forward-looking statements, including statements about the business plan and prospective financial condition of Wikifamilies. The forward-looking statements are subject to risks and uncertainties, including that the parties may not complete the transaction or that when completed, the transaction might be different than presently contemplated. Readers should not place undue reliance on the forward-looking statements. Wikifamilies does not undertake any obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. In addition, any forward-looking statements regarding expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: whether Wikifamilies can successfully execute its operating plan; its ability to integrate acquired companies and technology; its ability to retain key employees; its ability to successfully combine product offerings and customer acceptance of combined products; general market conditions; and whether Wikifamilies can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.