AVLI Under Licensing Agreement With Multinational Company; Estimates $1,000,000 in Revenues Over Next Twelve Months.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--May 13, 1998--Kenwick Inc. d/b/a American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Video Language Institute (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AVLI) announced today that through an exclusive agreement with a billion dollar multinational company, AVLI has become the exclusive distributor of the company's English 1. English - (Obsolete) The source code for a program, which may be in any language, as opposed to the linkable or executable binary produced from it by a compiler. The idea behind the term is that to a real hacker, a program written in his favourite programming language is as a second language learning program. Under the agreement AVLI will begin a broad marketing campaign of this extraordinary learning program which teaches English as a second language. Additional programs will also be included in the new future. AVLI President Kenneth Wulwick said: "We are pleased to begin a massive effort to fill the incredible void in teaching children English at a level they can understand and enjoy. This is an extraordinary market in size. There are very few good children's programs available. Most programs are geared towards the adult market and can't maintain the attention span of children. Finally a program has come along that is designed just for children and their special needs. Through our aggressive marketing campaign we look to sell this program to libraries, schools and institutions as well as direct to consumers. The excellence of this product combined with the vastness of this market and the need for this type of program, leads us to estimate conservative revenue increases of $1 million over the next twelve months. We plan to announce the name of the company within twenty-four hours." AVLI is in the business of selling comprehensive learning systems that help non-English speakers to learn English. One of the company's great strengths is that it markets to non-English speaking people in their native tongue. Their customers are primarily people who speak Chinese, Vietnamese, Korean, Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river. , Portuguese and Russian Russian associated in some way with Russia. Russian blue a breed of cats with short, dense, silver-tipped blue-colored coat and vivid green eyes. as their main language. For additional information contact: Venture Capital and Marketing Consultants Inc., 312 West First Street, Suite 203, Sanford, Fla. 32771, Phone: 407/302-9994 or Toll Free: 888/302-9994. -0- From time to time, the company may issue forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risk and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Act of 1934, as amended. Actual results could differ and any forward-looking statements should be considered accordingly. CONTACT: Venture Capital and Marketing Consultants Inc. 407/302-9994 or 888/302-9994 |
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