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Cell Wireless Targets More Than 207 Countries in December 2005
After 1 Year, the Fastest Networking Telco Goes Public
TUCSON, Ariz., Feb. 2 /PRNewswire-FirstCall/ -- Cell Wireless Corporation
("CLWL or the "Company") (OTC:CLWL) (BULLETIN BOARD: CLWL) today announced
that the Company has received its new name change and new bulletin board
trading symbol (CLWL). As of today, AZAA is no longer a trading symbol. Look
under CLWL.
Cell Wireless Corporation completed a reverse merger with Arizona Aircraft
Spares, Inc., a Nevada corporation (formerly (OTC:AZAA) (BULLETIN BOARD: AZAA)
) as of December 28, 2004. Arizona Aircraft Spares, Inc., an Arizona
corporation ("Arizona"), will continue operations as a restructured "spin out."
Arizona is in the process of emerging as a new bulletin board public company
with a new name and trading symbol. The restructured Arizona company will
integrate both commercial and military spare parts manufacturing along with the
acquisition of targeted aerospace companies.
Shareholders of record of Arizona Aircraft Spares, Inc., the Nevada
corporation, as of the merger date of December 28, 2004 will be awarded a
dividend. The dividend will be 40% ownership on a pro-rata basis in the newly
restructured Arizona company. The issuing of dividend shares will occur after
Arizona emerges as a new publicly traded company. The timing and necessary
documentation to emerge as a publicly traded company is determined by outside
regulatory bodies. Further details on the procedures for receiving the Arizona
company dividend will be provided at a later date.
Cell Wireless Corporation is one of the world's fastest growing
telecommunication multi-level marketing companies with over 135,000 marketing
members in 207 countries.
Mr. John Bohringer, CEO and President of Cell Wireless Corporation stated, "It
is extremely exciting for CLWL to receive its new trading symbol. Being
publicly traded signals a new era for our Company. CLWL's growth and expansion,
projected to be over 300% this year with profits increasing over 700% from last
years performance is just the beginning now that we are publicly traded." He
further stated, "Being a public company in the United States increases Cell
Wireless Corporation's worldwide credibility while enhancing the Company's
financial resources for strategic growth and the purchase of targeted
acquisitions."
Safe Harbor Statement
Note: Certain statements in this news release may contain "forward- looking"
information within the meaning of Rule 175 under the Securities Act of 1933 and
Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor
created by those rules. All statements, other than statements of fact, included
in this release may include forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will be accurate
and actual results and future events could differ materially from those
anticipated in such statements. CLWL undertakes no obligation to update
forward-looking statements to reflect subsequently occurring events or
circumstances or to reflect unanticipated events or developments.
Information:
http://www.cellwireless.com/faussy
A J Wirasasmita
Cell Wireless Corporation
520-881-4632
DATASOURCE: Cell Wireless Corporation
CONTACT: A J Wirasasmita of Cell Wireless Corporation, +1-520-881-4632
Web site: http://www.cellwireless.com/faussy