LOS ANGELES, CA, Mar 31, 2014 (Marketwired via COMTEX) -- Gawk Incorporated (otcqb:GAWK) is pleased to announce today that it has signed a letter of intent with Pacific Title Archives ("PTA"), a leading film, video and tape media asset management company, to source and distribute content through Gawk's online global distribution program.
PTA has been an integral component of the entertainment industry since its founding in 1935. With over 2, 000 clients, the company manages over 250,000 pieces of film, video and tape content. This includes movies, short films, TV series and music videos and concerts. Per the LOI, PTA will introduce its client base to the opportunity of being able to source and distribute content through Gawk's online digital distribution platform. This provides the 79 year old company with a new revenue stream and an additional monetization service for their clients.
"We are excited by our relationship with PTA and believe this represents another milestone for Gawk. With PTA's content reach, we have the ability to accelerate the growth of our multimedia libraries and exceed our aggressive expectations for Gawk's development as a major player in the digital streaming distribution industry," stated Mars Callahan, CEO of Gawk Incorporated.
"We have always been and are more than ever, fully committed to providing an extraordinary high level of personal service to the motion picture, film, television, recording and multimedia entertainment industries," stated Peter Hubbard, CEO of Pacific Title Archives.
About Pacific Title
Pacific Title Archives has been an integral component of the entertainment industry since its founding in 1935. The firm is privately held by the founding family and Peter Hubbard, the CEO, is a third generation family member and only the fourth CEO (all family members) to head Pacific Title Archives.
About Gawk Incorporated
Gawk Incorporated is a world innovator of self-service global digital distribution. Designed to meet the needs of modern consumers, Gawk has the unique and defining capability to stream all forms of digital media, including but not limited to, movies, documentaries, TV shows, music videos, vlogs, digital books, digital shorts, social networking videos and video game entertainment. Gawk provides an innovative platform and interactive social network for artists to capitalize on their creativity through the Gawk self-service model of Post, Price and Promote. Gawk's multifaceted strategic approach generates ongoing and long term revenue opportunities through independent content publishing, creative entertainment viewing, product integration, sponsorship and advertising. For more information, please visit http://www.gawkinc.com
Forward-Looking Statements - This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such stat ements. The forward-looking statements in this release are made as of the date hereof and Gawk Incorporated undertakes no obligation to update such statements.