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OTOW O2 Secure Wireless Inc (CE)

0.0001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
O2 Secure Wireless Inc (CE) USOTC:OTOW OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

O2 Secure Wireless, Inc. Enters Into Agreement With BigHead TV to Deliver A la Carte Service Domestically and Abroad

27/06/2011 4:00pm

PR Newswire (US)


O2 Secure Wireless (CE) (USOTC:OTOW)
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ST. AUGUSTINE, Fla., June 27, 2011 /PRNewswire/ -- O2 Secure Wireless, Inc. (Pink Sheets: OTOW) announces that the Company has entered into an agreement with BigHead TV that will enable the Company to provide "a la carte" programming to the consumer exclusively in  select  territories here in the United States, as well as Providing Earthcom Service Inc. with a Master Licensing Agreement for the provision of service to the Dominican Republic as well; a territory representing over 3 million homes.

According to the terms of the agreement, BigHead TV, the exclusive license holder to the "disruptive technology", is granting the right to these territories which is estimated to be worth in excess of 50 million dollars. The technology is applicable over fiber, copper, satellite and wireless distribution, or what is called "cross medium utility". It will enable O2 Secure Wireless and Earthcom Service Inc. to exercise the exclusive right to deliver the a la carte programming which would then complete the best triple play offering to the consumer available today.    

BigHead's cutting edge technology will empower O2 Secure Wireless with the opportunity to provide state of the art service, while circumventing the high-cost of otherwise necessary infrastructure build-outs for customer connectivity. This will give the Company an opportunity to deliver a high quality viewing experience at a mere fraction of the cost of providing cable

BigHead TV's goal is to partner strategically with incumbents, like O2, that choose to provide customers with the best home entertainment experience by offering them unique and compelling television programming which is searchable and available upon demand any time and in any manner they wish to view it and pay only for the channels they actually want to receive. The company will accomplish this through leadership in technology, a low fixed cost structure and customer service.

"This represents great progress in our business strategy; it not only allows us three different delivery options to get the content to the market domestically, it will reduce the obstacles that we face entering each domestic market, allowing us to even deliver Blu-Ray HD quality content to the customer.  We are continually seeking to streamline operations, and discover revolutionary ways to increase the quality of our offerings and improve the bottom line," 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://earthcomservice.com or contact:

Investor Relations: Gibraltan Financial (407)830-9777

SOURCE O2 Secure Wireless, Inc.

Copyright 2011 PR Newswire

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