CableClix Recognizes First 2017 Revenue
LOS ANGELES, March 17, 2017 /PRNewswire/ -- CableClix (USA), Inc. "CableClix" (OTC:CCLX) has entered into a twelve-month consulting agreement with a privately held Canadian company, 1823606 Alberta Ltd. Under this agreement, CableClix resources will provide consultative services and project management to a variety of operating companies in the areas of video transmission, caching, and archiving. These services will enable significant operational efficiencies and increased security capabilities for several logistical business units. 1823606 Alberta Ltd.'s principals recognize CableClix's proficiency in video transmission and security as a market differentiator when applied to its internal operation.
"CableClix is excited to be part of our client's IT transformation through the use of our technical capabilities. We are looking forward to building a long-term relationship beginning with this initial transaction," said Kris Domich, President and CEO of CableClix.
Under this consulting agreement, CableClix will recognize US$100,000 in revenue immediately from a service retainer.
CableClix is an innovative 'cord cutting' company that builds virtual cable networks over the Internet that mimic existing cable television franchises by providing live streaming television services. The Company was formed in 2013 to be a leading provider of high definition streaming television over broadband connections. Our goals remain as they were at our inception; deliver quality television programming in high and ultrahigh definition, including local network content, directly to the local consumer, on nearly any device, at any time.
More information about CableClix (USA), Inc. can be found at http://www.cableclix.com
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