iKarma Inc. to Present at the ValueRich Small Cap Financial Expo
For further information, contact:
Paul Williams - CEO, iKarma Inc.
For immediate release:
MIAMI, FLORIDA -- Mar. 7, 2006--
iKarma Inc. (Pink Sheets:IKMA), announced today that Paul Williams, CEO of iKarma Inc., will be giving a presentation titled: "Reputation Management with iKarma" (www.iKarma.com) at the ValueRich Small Cap Financial Expo in Miami, Fla.
About iKarma Inc:
iKarma Inc., is a Jupiter Florida based provider of reputation management systems designed to bring greater trust to business relationships and maximize customer word of mouth. iKarma is proud to join the American Stock Exchange, Standard & Poor's, Lyons Capital and several other fine companies as a sponsor of this Miami event.
About ValueRich Expo:
ValueRich is pleased to announce their Small Cap Financial Expo which will feature thousands of top Wall Street financial minds, research analysts, fund managers, money managers, institutional investors, brokers, investment bankers and the financial media for two days of financial presentations and business development in a format unlike any other small-cap financial event. Visit http://www.ValueRichOnline.com for more info.
iKarma.com, New tools for better business
To assist in this process, iKarma Inc. operates iKarma ( http://www.iKarma.com ), an online reputation management service that anyone can use to capture and build a record of their customer testimonials. iKarma then displays these reviews online where prospective customers can easily find and view them. The result is a powerful and effective way to turn customer experience and good word of mouth into a tool for making future sales. The iKarma system also incorporates a process to help handle customer complaints. Unhappy customers often post their complaints to blogs, or online chat boards, where they can become impossible to remove, and easy for search engines to find. The iKarma system helps avoid this increasingly common problem by giving both parties a chance to cool down, and work out their disagreements.
"The popularity of websites like eBay (NASDAQ:EBAY) and Amazon.com (NASDAQ:AMZN) have educated consumers about the value of customer testimonials, so it's natural that consumers would like to see reputation systems applied to other fields of business. iKarma takes reputation management out from the confines of the auction and internet marketplace, and makes it open and available to the rest of the business world," says Williams. "In our service based economy, there are millions of other businesses that could benefit from having an easily available online reputation. The open structure of iKarma makes it an ideal solution for almost any business or business profession."
"We believe the future will bring more customer co-operation, and more demand for consumer privacy," adds Pitchford. "This trend makes traditional advertising both more costly and less effective, while increasing the power and influence of reputation and word of mouth. As customers demand greater openness and honesty from the businesses they deal with, business will have two choices. It can embrace this consumer revolution with a more open and honest business model, or it can continue using pretty girls to sell bad products. We aren't debating the old claim that `Sex Sells,' we just think you'll make more money if your business is the one that gets naked."
About iKarma, Inc.
iKarma Inc. is a public company that trades on the Pink Sheets under the symbol IKMA. Based in Jupiter, Florida, iKarma Inc. specializes in providing reputation and customer feedback systems for businesses and professionals. iKarma's mission is to help create prosperity and commerce by bringing greater trust and openness to business transactions. iKarma is a proud member of WOMMA, The Word of Mouth Marketing Association. iKarma was a sponsor of WOMMA's 2005 conference in New York, and a guest speaker at its recent WOMBAT training event in Orlando. We encourage anyone interested in word of mouth marketing to visit the organizations web site at http://www.WOMMA.org .
iKarma, iKarma, eReputation and eReputation.com are all service marks owned by iKarma Inc.
This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, including the Company's expectations or beliefs concerning, among other things, future operating results and various components thereof. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results and liquidity needs to differ materially from such statements, including, without limitation: (i) increased competition, (ii) changes in the demand for e-commerce and internet based businesses and (iii) changes in general economic conditions. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.
For more information, visit http://www.iKarma.com.