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Ft Lauderdale, FL, United States, 2011/07/06 - Richard Shergold CEO of Smart Kids Group, Inc announced today the signing of a MoU with Innovative Learning Center (ILC) - SmartKidsGroup.com.
We inspire vision! Smart Kids Group, Inc. (OTCBB:# SKGP) Smart Kids Group develops, distributes and licenses quality children's character based Edutainment products through a variety of media including television, DVD, retail, direct marketing, and the Internet.
Smart Kids Group Inc. (SKGI) today signed a Memorandum of Understanding (MOU) with the Innovative Learning Center (ILC). The Naples based company has agreed to license its proprietary learning methods, packet exchange technology and other production methods to SKGI. In addition, ILC will work with SKGI to create leading edge interactive multi media content with distribution over a wide spectrum of channels. These multi-lingual interactive educational sessions are provided to both public and private enterprise. Mr. Shergold stated "combining Smart Kids products with ILC's intellectual property, efficient education methods and certain design components seemed a natural fit and will allow us to continue our expansion into new media". SKGI and ILC will begin to integrate their products and technologies.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21B of the Securities and Exchange Act of 1934, as amended. Readers are cautioned not place undue reliance on these forward-looking statements, which are only predictions and only speak as of the date hereof. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "plan," "expect," or similar expressions and are subject to numerous known and unknown risks and uncertainties. These risks and uncertainties could cause the Company's actual results to differ materially those indicated in the forward-looking statements.
Investors are encouraged to carefully review regulatory filings prior to investment consideration. Past performance is no guarantee of future success or that there cannot be losses or business interruption. The Company is in a rapid growth sector that may or may not continue to grow in the future and therefore poses risks that may be different than other investments. Management regularly provides news and additional information believed to be true and accurate at the time of dissemination but has no requirement to modify, comment or change in the future should circumstance change or information prove to be inaccurate for any reason. Additionally, the Company makes every effort to comply with all applicable laws.
Contact: info[.]smartkidsgroup.com or Investor Inquiries: Jon Boyd, Interactive Business Alliance, jboyd[.]ibaconsultingllc.com, 866.525.4714