When EP Global Communications, Inc CEO Joseph M. Valenzano said last month that positive developments would be announced shortly, he couldn't have been anymore right. In a market plagued with CEO's who know how to talk but never come through for their shareholders, Valenzano came through in a big way. Tonight EPGL announced an agreement with none other than WebMD. WebMD (NASDAQ: WBMD) trades on the NASDAQ for almost $50 a share. It has a $2.8 billion market cap.
I think this is great news for EPGL shareholders. For those of you still holding from $.0001 when I alerted it, I commend your patience. It is not easy holding a triple zero stock for any length of time, but the rewards can outweigh the risks by 10-20 fold.
I would not be surprised to see EPGL trade to $.001 and better this week on this news.
JOHNSTOWN, Pa., Oct 04, 2010 (BUSINESS WIRE) -- EP Global Communications, Inc. (EPGL), (the Company), (Pink Sheets: EPGL), (www.eparent.com), the parent company of Exceptional Parent (EP) magazine, is pleased to announce that it has just signed a content license agreement with the well-known and highly respected internet-based healthcare network, WebMD. With the goal of providing valuable information related to individuals with disabilities and special healthcare needs, the world-renown leading provider of virtual medical information has turned to the special needs journal that has been exclusively focusing on this population for over 40 years.
WebMD's team of editors and healthcare experts reviewed content previously published by EP magazine and selected articles to position on the WebMD network. Among the topics of initial interest to the company were: brain injury, autism, home schooling, and pet therapy. Additionally, WebMD staff will review each of EP's future issues upon publication and select up to 3 articles from each issue to feature on WebMD.
"The formation of this relationship is a positive development for everyone involved in the special needs community," stated EP President and CEO, Joe Valenzano. "At EP we provide the best and most valuable information for parents, physicians, and caregivers of people with special needs but this content is only delivered to those who opt to subscribe. Now, countless other people -- people who are in need of this kind of support -- will be able to access our resources via WebMD's wide and accessible reach."
The agreement also includes the exchange of reciprocal links between EP and WebMD whereby WebMD will provide a link back to EP's website (eparent.com) and a mention and link back to the EP content on the WebMD Network in two WebMD newsletters each year. In turn, EP will provide a link to the EP content on WebMD via its website and digital publication (eparentdigital.com).
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