Monday, December 1, 2008

CALL GENIE BAGS A CONTRACT WITH CHILE-BASED LA GRAN GUIA

Call Genie has entered into a “full product suite” multi-year contract with La Gran Guia SA, a Chile-based directories publisher owned by El Mercurio SAP and VTR GlobalCom SA. It is anticipated that the solution will be commercialized in phases over the course of next year and into 2010. "Our contract with La Gran Guia represents a significant beachhead into a large, and rapidly expanding Latin American market," said Call Genie CEO Mike Durance. Call Genie will be utilizing a comprehensive suite of its products to commercialize a mobile local search and advertising solution for La Gran Guia. The contract is based primarily on a revenue share arrangement, but also includes upfront implementation fees, transactional fees, and hosting fees. -Smarajit Dasgupta

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