Telecorp Inc.
Telecorp and Retail Merchants’ Agreement
Telecorp Inc. / Key word(s): Contract Cheyenne, Wyoming March 16, 2011- Telecorp, Inc., a leading developer of state of the art CRM and Client Contact software solutions; announced today, that they have reached an agreement to extend and significantly increase the scope of the current contract with the Retail Merchants' Association of Canada (RMA) to sell core services to all members of the association. The expanded agreement will also now include partnerships with six more associations to create superior revenue streams than originally predicted. The RMA now has connection to over 65,000 members and it is believe through their marketing channels as well as their associate associations, that their combine endeavors will allow Telecorp to secure significant sales and subscriptions in this partnership and shared revenue model. It is estimated through group strategies and projections that in three years this combine program will generate revenue in excess 3.5 million Euros. This is based on obtaining 3,000 to 4,000 subscribers over the course of the agreement. 'RMA is very pleased with our partnership with Telecorp 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 reach targets and forecasts.' said Ralph Moyal, President of Retail Merchants' Association of Canada Inc. 'We are extraordinary 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.' 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 agreement; Canadian Automobile Association Programs (CA-AP), Canadian Home Furnishings Association, Federation of Ontario Bed and Breakfast Accommodations (F.O.B.B.A.), Opticians Association of Canada, Canadian Home Furnishings Alliance, Ontario Restaurant Hotel Association. 'Our projections, based on numbers presented to us by the associations and from the RMA will increase our exposure opportunities, which means more demos, trials and transitions into sales' said Paul Phillips President and CEO of Telecorp Inc. 'More to the point the Company will increase company revenue expectations by at least 10% and that figure will increase exponentially over the term of the agreement.' The agreement will be in effect June 6th 2011 and be for three years from the agreement date. Telecorp's products and services will be 'White Branded' for the RMA and each of the associations. It is estimated that this agreement will gross 1 million Euros or more per year in revenue after 12 months of operation and increase 25% per subsequent each year after that.
About Retail Merchants' Association of Canada The RMA is a non-profit organization serving the independent retailers in Canada since 1948. With an experienced staff and management team, RMA has the capacity to provide retailers with the answers and services they seek in today's competitive market.
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. 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.
Contacts
Telecorp, Inc. End of Corporate News 16.03.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
115662 16.03.2011 |