LOS ANGELES, Dec. 3, 2014 (GLOBE NEWSWIRE) -- GAWK Inc. (OTC:GAWK) announced today a signature client win with the signing of an agreement with WAHLCO, Inc. (Wahlco), an International Company that specializes in the design and manufacture of Industrial Air Pollution Control Equipment.
Scott Kettle, CEO of GAWK, Inc., said, "We are most pleased that Wahlco chose GAWK for its managed cloud and IT services. This puts our annual revenue well above $400,000. Wahlco is the worldwide leader in gas ammonia delivery systems servicing the utilities industry and a pioneer of SO3 Flue Gas Conditioning systems."
Al Munoz, CEO of Wahlco, commented, "GAWK provides our Company with state-of-the-art data management, allowing Wahlco to grow beyond the 600 systems we have installed and serviced worldwide since 1972. GAWK assists us in all aspects of our IT efforts including cloud services, IP telephony and disaster recovery services."
Wahlco offers full-spectrum field support, including installation supervision, commissioning, maintenance, equipment upgrades, rentals, and replacement parts.
GAWK purchased WebRunners, Inc., an Irvine, CA-based data center on November 5, 2014, for more than $1 million in a combination of cash and stock as part of GAWK's plan to create revenue by acquiring data centers to offload the vast amounts of data produced by the major wireless cell phone companies. GAWK has identified thirteen more firms as potential acquisition targets.
WebRunners, a wholly-owned subsidiary of GAWK, is a Tier III site, built by AT&T, is an Internet service provider specializing in virtualization, high-availability hosting, and storage and professional IT services, and is a former Verio/NTT facility with carrier-grade equipment in place.
About GAWK, Inc.
Gawk Incorporated is a world innovator of self-service global digital distribution. Designed to meet the needs of modern consumers, Gawk has the unique and defining capability to stream all forms of digital media, including but not limited to, movies, documentaries, TV shows, music videos, vlogs, digital books, digital shorts, social networking videos and video game entertainment. The Pay per Gawk model offers a simplistic and economical transaction experience with each purchase. No subscription fees, no hidden costs. Gawk provides an innovative platform and interactive social network for artists to capitalize on their creativity through the Gawk self-service model of Post, Price and Promote. Gawk's multifaceted strategic approach generates ongoing and long-term revenue opportunities through independent content publishing, creative entertainment viewing, product integration, sponsorship and advertising. www.gawkinc.com
About Wahlco Incorporated: "Preserving the Air We Breathe"
Wahlco is a leading international provider of air pollution control equipment, servicing the utilities industry and a pioneer of SO3 Flue Gas Conditioning systems. Since 1972 Wahlco has supplied over 600 systems worldwide. Specializing in the design and manufacturing of the patented Urea to Ammonia (U2A®) generation system and Aqueous/Anhydrous equipment for NOx reduction systems. We provide engineering and manufacturing for a wide range of specialized equipment such as direct ammonia injection and chemical mixing systems. Wahlco offers full-spectrum field support, including installation supervision, commissioning, maintenance, equipment upgrades, rentals, and replacement parts. www.wahlco.com
Forward-Looking Statements
All statements in this release that are not strictly historical facts are "forward-looking statements." Such forward-looking statements are based on GAWK's current assumptions, beliefs and expectations, and involve risks, uncertainties and other factors that may cause GAWK's actual results to be materially different from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words such as "expect," "plan," "possibility," "offer," "if," "negotiate," "when," "believe," "will," "estimate," "continue," and similar expressions. Risks, uncertainties, and other factors that could cause or contribute to such differences include, but are not limited to: ongoing and future intellectual property enforcement actions; the ability to successfully litigate or settle claims of patent infringement; GAWK's ability to obtain necessary financing, generate sufficient cash flow, and maintain appropriate indebtedness; and the increasing development of market competition in the area of telecommunications. These factors and others are described in more detail in GAWK's public filings with the Securities and Exchange Commission, including the risks discussed in the "Risk Factors" section in GAWK's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of these reports can be found on GAWK's website (http://gawkinc.com) under the heading "Investor Relations." GAWK is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.