IRW-Press: ChitrChatr Communications Inc.: Integrated Platform Could Emerge As New Standard



Published on 22 January 2014

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by Press Office

(IRW-PRESS and WireNews+Co)

Vienna, Austria


COMPANY SNAPSHOT

ChitrChatr is a technology company that developing a proprietary Internet-based communications platform, the Comprehensive Universal Unified Communications Platform ('CUUCP'), which will offer communications services to users delivered through a fully integrated global communications platform and user friendly interface. Based on VOIP technology, the CUUCP will be a common unified application that integrates virtually all methods of communication, including audio, video, conference calling, messaging, chat room, texting, facsimile, email and social networking services, into one easy to use platform. The CUUCP will be made available to end users as an app that can be accessed using a web browser, and can be installed on multiple mobile and other devices.

INVESTMENT HIGHLIGHTS

Newly public ChitrChatr Communications is set to launch a new and innovative, integrated platform that could emerge as a new standard bearer for users across the globe. The Company is delivering this unified application through the fast-growing, low cost and highly effective VoIP technology. For example, the growth in mobile VoIP minutes is expected to leap from 15 billion in 2010 to 470 billion in 2015.

Available as an app for use on multiple devices, the Company’s Comprehensive Universal Unified Communications Platform ('CUUCP') integrates virtually all methods of communication, including audio, video, conference calling, messaging, chat room, texting, facsimile, email and social networking services, into one easy to use platform. For a small monthly fee, subscribers will be able to make unlimited calls to 65 countries. ChitrChatr aims to have the most competitive long distance rates for calls to the rest of the world.

As part of its initial marketing strategy, the Company recently announced that it is launching a worldwide promotion with the first 360,000 subscribers receiving free limited-time worldwide communication services and chances to win smartphones and tablets.

In our view, CHICF could ultimately be worth hundreds of millions since the ChitrChatr UUCP will offer competitive long term advantages that could lead to the displacement of current, non-app integrated popular tools such as Skype or Whatsapp which have at one time or another been valued at over $1 billion. As new users are signed up and development milestones are reached, we believe the stock will be driven toward our $3.75 price target. We rate these shares Speculative Buy.


For more information about this press release including contact details visit http://chitrchatr.com/en.


Contacts

  •  
  • Joachim Brunner
  • IRW-Press
  • PR Contact
  • Tel: +43724221193011
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Posted 2014-01-22 10:50:00