ST. AUGUSTINE, Fla.,
Feb. 3, 2015 /PRNewswire/ -- O2
Secure Wireless, Inc. (OTC PINK: OTOW), a developer of domestic and
international hi-speed wireless Internet facilities, Mobile
Internet solutions and the OTOW Network, announced today that it is
on track to achieve sustained profitability and positive estimated
cash flow. The launch of its first Latin American &
Caribbean (LAC) market forecasts
to exceed 100 million dollars in the
near-term as it concludes its negotiations and has received
acceptable final quotes from ZTE, Alcatel-Lucent and Ericsson to
offer mobile entertainment content to developing markets. O2 Secure
Wireless Inc. may choose to work with one or all of the companies
issuing quotes for the Network. This will now allow O2 Secure
Wireless Inc. to issue an official launch date of the OTOW Network.
O2 Secure Wireless Inc. will announce the name of its first
LAC market in the coming weeks as it awaits Governmental approval
for the press release.
The OTOW Network is poised for a successful launch with one or
more of the following partners, ZTE, Alcatel-Lucent and Ericsson.
ZTE Corporation (http://wwwen.zte.com.cn/en) is a globally leading
provider of telecommunications equipment and network solutions. It
has operations in 160 countries; the company is a leader in
technology innovation, delivering superior products and business
solutions to clients all over the world. ZTE is listed on both the
Hong Kong and Shenzhen Stock
Exchanges and is China's largest
listed telecoms equipment company. Alcatel-Lucent
(http://www.alcatel-lucent.com) is a French global
telecommunications equipment company, headquartered in
Boulogne-Billancourt, France. The
company focuses on fixed, mobile, and converged networking
hardware, IP technologies, software, and services. Alcatel-Lucent
has operations in more than 130 countries. Alcatel-Lucent has been
named Industry Group Leader for Technology Hardware & Equipment
sector in the 2014 Dow Jones Sustainability Indices review and
listed in the 2014 Thomson Reuters Top 100 Global Innovators for
the 4th year in a row. Ericsson (http://www.ericsson.com) is a
Swedish multinational provider of communications technology and
services. The company's offerings comprise services, software and
infrastructure in information and communications technology for
telecom operators and other industries, including traditional
telecommunications as well as Internet Protocol (IP) networking
equipment, mobile and fixed broadband, operations and business
support solutions, cable TV, IPTV, video systems, and an extensive
services operation. Ericsson has a market share of 35% (in 2012) in
the 2G/3G/4G mobile network infrastructure market. Ericsson is a
public company trading on the NASDAQ.
"We are pleased to announce that the company has received
acceptable quotes for the Company's first network area in LAC. The
quotes are from ZTE, Alcatel- Lucent and Ericsson. We could not ask
for more qualified and successful companies to partner with. O2
Secure Wireless will decide which partner(s) will best fit the
company for deployment of its LTE Network.
We will inform our shareholders of our decision in the coming
weeks O2's ongoing strategy of integrating OTOW domestic and
international hi-speed wireless Internet facilities, Mobil Pay and Mobile Internet solutions are
currently being reviewed as well," says Val
Kazia, CEO of O2 Secure Wireless Inc.
About O2 Secure Wireless (http://o2securewireless.com)
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 and in Latin
America and the Caribbean.
Under a merger with Earthcom Service Inc., the Company is currently
being structured to provide affordable flat rate pre-paid wireless
services in developing countries internationally and expanding into
Latin America and the Caribbean with the acquisition of Technologies
Argus First de Mexico.
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:
http://o2securewireless.com
info@o2securewireless.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/o2-secure-wireless-inc-announces-the-completion-and-pending-launch-of-its-multi-million-dollar-otow-network-300030058.html
SOURCE O2 Secure Wireless, Inc.
