Klever Marketing Inc. Provides Shareholder Update
18 Maggio 2009 - 3:00PM
PR Newswire (US)
SALT LAKE CITY, May 18 /PRNewswire-FirstCall/ -- The new board of
Klever Marketing, Inc. (Pink Sheets: KLMK) is pleased to announce
the following accomplishments. Klever Marketing, Inc. has retained
DME Capital LLC, a New York based Investor Relations Firm to expand
the company's strategic investor relations. The newly designed
innovative 'Giving Cart(TM)' Unit with its Retailer
'Chime-Time(TM)' Award Program Prototype is nearing completion. The
unit is currently being tested in preparation for its upcoming
scheduled installation in our 'pilot' store. We have contracted
additional engineering resources to insure the successful
implementation of our software systems, design and packaging. With
this new unit we have significantly enhanced the communication
capability. Our newly designed unit also takes advantage of the
latest enhancements in real time location systems capability. It
also enables us to further enhance more precisely Path-Data and
Analytics at any store location along with advancement in
simplifying the Wi-Fi Communication Software. Funding is already in
place for this pilot store. The test is scheduled to run for four
months. This initial pilot test store will be followed by an
installation in Southern California. We are currently in
negotiations with a major funding source with regard to a capital
equity raise for further expansion. Company debt on our balance
sheet has been further reduced by our new board. The board is
currently investigating the possibility of completing a form 15c211
and filing the appropriate documents to qualify to be listed back
onto the Electronic Bulletin Board (EBB). Our legal representatives
have already filed for an all-inclusive patent based on our
technological upgrades. Our newly designed Giving Cart(TM) unit is
much more cost-effective allowing us to offer an even lower cost
per ad per cycle thereby enabling regional manufacturers and
retailers to more fully participate in our advertising program in
this current economy. Paul G. Begum, CEO of Klever Marketing said,
"We are pleased with what we have been able to accomplish in a
short period of time. We will continue to make improvements to the
company to help increase shareholder value." About Klever Marketing
Klever Marketing, Inc. is leading the way in electronic shopping
cart devices that improve customer satisfaction and retailer
profitability. The new Giving-Cart(TM) innovation with its Retailer
Chime-Time(TM) Award Program helps the retailer with Cart Basket
Lift along with Customer Repeat Visits. The Klever-Kart Wireless
System is a point-of-selection (at the decision making zone)
advertising system consisting of a readable electronic display that
is attached to a shopping cart that receives featured products'
ad-messages and displays them when the customer approaches the
product. This is accomplished by utilizing the Internet and
proprietary software. Klever Marketing is a recurring revenue model
non-dependent on any one advertising client. DATASOURCE: Klever
Marketing, Inc. CONTACT: Paul Begum of Klever Marketing, Inc.,
+1-801-942-6444, Web Site: http://www.kleverkart.com/
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