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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. to Launch Testing of New State of the Art Wireless Broadband Equipment in Palm Coast Florida

27/08/2012 1:50pm

PR Newswire (US)


O2 Secure Wireless (CE) (USOTC:OTOW)
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ST. AUGUSTINE, Fla., Aug. 27, 2012 /PRNewswire/ -- O2 Secure Wireless, Inc. (Pink Sheets: OTOW) announces that the Company is set to begin testing of new cutting edge wireless broadband equipment beginning in September, 2012.

The Company has recently completed a fiber backhaul installation at the corporate retail location in Palm Coast and will be installing new revolutionary advanced technology broadband equipment for testing.

The testing period is scheduled to conclude 60 days following installation. O2 Secure Wireless will be thoroughly testing the total coverage area and signal strength for indoor and outdoor coverage, as well as the different antennas and amplifiers. The Company will be testing many different configurations of the equipment. Once it meets or exceeds the specifications of the manufacturers' technical data the Company will approve the purchase of the equipment and begin building out the Palm Coast market area. 

O2 Secure Wireless has a Service Network Agreement for the populated territory encompassing the city of Palm Coast Florida, representing a market potential in the range of 55,000 households. The Company has been engaging in Community events for the purpose of building brand recognition and raising awareness for the Company, with FCC approvals of its "COALS" Applications, the recent announcement with BigHeadTV, and execution of national resale agreements, these give the Company a distinctly superior advantage in the marketplace.  The "triple play" packages are designed to be priced competitively with the median revenue per client to be estimated at $90 to $100 per month.

"We are very excited to have reached this landmark in our strategy to build a presence in the Palm Coast territory. These tests will allow us to have 'real' coverage data, original coverage models indicated 12 sites were needed; we refined that down to 7 sites, but once the evaluation is complete we will be able to determine the precise coverage requirement in order to deliver the best quality product to the consumer. We anticipate that we will be able to announce many new developments as events begin to unfold and the project goes into full swing," stated Val Kazia, President, O2 Secure Wireless, 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://www.o2securewireless.com or contact Investor Relations: Gibraltan Financial (407)830-9777

SOURCE O2 Secure Wireless, Inc.

Copyright 2012 PR Newswire

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