O2 Secure Wireless, Inc. Announces Subsidiary, Earthcom Service C por A Has Entered Into a Lease Agreement for the Establishm...

ST. AUGUSTINE, Fla., July 21, 2011 /PRNewswire/ -- O2 Secure Wireless, Inc. (Pink Sheets: OTOW) announces that the Company wholly owned subsidiary, Earthcom Service C por A has secured their highly anticipated Corporate Offices in Santo Domingo. The new head office will be located in the National District.

The Company recently announced that its wholly owned subsidiary, Earthcom Service C por A, has positioned itself to qualify for submittal of a bond offering in the Dominican Republic. The company expects to file the documentation for a $25 million bond offering. This Corporate Headquarter establishment was one of the necessary milestones required for completing the bond offering.

It was also recently announced that the Company is actively seeking to acquire parallel finance vehicles rather than relying solely on one funding entity. The establishment of a corporate office will provide a much required presence, and open the door to the culmination of these business activities. As the Company prepares the required filings for registration of the securities, O2 has contacted Fitch Ratings to rate the secondary and expects the bonds to be rated between BB and BBB, with a coupon in the range of 9.25% to 9.75%, which is typical of a bond rating in this region.

O2 Secure Wireless has secured all the respective domain names. The Company's marketing name in the Dominican Republic is appropriately termed "DIGAME". Digame Wireless and Digame Cellular are the Company's registered trademarks in the Dominican Republic, and the domains have been secured in numerous potentially promising countries such as Cost Rica, Antigua, Belize, Columbia, Grenada, Haiti,, Honduras, St Kitts and Nevis, St Lucia, Montserrat, Turks & Caicos, St Vincent and the Grenadines, Chile, Guyana, Venezuela, Ecuador, Anguilla, Jamaica, Panama, Puerto Rico, El Salvador, Dominica, and Guadeloupe.

"This is a very significant landmark in our strategy to secure the bond offering. We are pleased with the location, and expect for this to mark an official beginning to our presence in the Santo Domingo Market," stated Val Kazia, President, Earthcom Service Inc.

About O2 Secure Wireless: O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically. Under a recent merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E 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. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

For more information visit our website at http://o2securewireless.com or contact Investor Relations: Gibraltan Financial [phone]

SOURCE O2 Secure Wireless, Inc.

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