IRVINE, Calif.--(BUSINESS WIRE)--Oct. 31, 2005--AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation (OTCBB: OWHC) is pleased to announce it has retained the services of AGORA Investor Relations Corp. ("AGORA") (http://www.agoracom.com) to provide investor relations services.
AGORA is tasked with creating effective communication between AskMeNow, its shareholders and the investment community through AGORA's Internet based investor relations system. Effective immediately, a customized and monitored AskMeNow IR HUB (http://www.agoracom.com/IR/AskMeNow) will allow AskMeNow and AGORA to communicate with investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to the AskMeNow broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote & chart information and an executive audio address updated quarterly. In addition, the IR HUB provides investors with a monitored discussion forum for constructive discussion about the Company that is free of Spam, bashing, hyping and profanity.
AGORA will also be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
AskMeNow President and CEO, Darryl Cohen, stated, "Given the Company's recent developments and in advance of our November launch, the time has come to significantly increase communications with shareholders and the investment community. The solution provided by AGORA fulfills our need to manage and execute an IR strategy in a cost-efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and the Company should benefit greatly from near real-time communications, regularly planned updates and increased exposure."
For all future AskMeNow investor relations needs, investors are asked to visit the AskMeNow IR Hub at http://www.agoracom.com/IR/AskMeNow where they can post questions and receive answers within the same day, or review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to OWHC@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
AGORA Investor Relations Corp. (AGORA) is North America's leading outsourced investor relations firm for small-cap companies. AGORA's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%.
AGORA has specialized in small-cap investor relations since 1997 and is the exclusive provider of all content to the AOL Small Cap Channel.
AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation (OTCBB:OWHC), is a groundbreaking mobile lifestyle network for any mobile telephone or wireless handheld. AskMeNow is the easiest way to get virtually all the information found on the Internet from your cell phone. Simply call or text any question from your mobile telephone and receive what you requested in moments. Basic questions are answered for free, while actual agents answer questions through its AskMeAnything feature. AskMeNow expects to generate revenue through one-to-one advertising and sponsorship on its service, as well as per usage charges for its AskMeAnything feature. Launched in beta in May 2004, AskMeNow is based in Irvine, CA.
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. These forward-looking statements involve risks and uncertainties and include "Our shareholders and the Company should benefit greatly from near real-time communications, regularly planned updates and increased exposure." Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include our ability to continue to lower our costs, our timely development and customers' acceptance of our products, including acceptance by key customers, pricing pressures, rapid technological changes in the industry, increased competition, our ability to attract and retain qualified personnel, our ability to identify and successfully consummate future acquisitions; adverse changes in general economic conditions in the U.S. and internationally, political and economic uncertainties associated with current world events. These and other risks are detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-KSB for its fiscal year ended September 30, 2004, and its Registration Statement on Form S-B2 dated September 14, 2005.
