ST. AUGUSTINE, Fla.,
Jan. 22, 2015 /PRNewswire/ -- O2
Secure Wireless Inc. (OTC PINK: OTOW) is pleased to release this
update to its shareholders, which provides an overview of the
successes, challenges and anticipations of 2015.
O2 Secure Wireless Inc. is pleased to announce that it expects
non-dilutive funding to become readily available to the Company
through Institutional Banks and several Investment Ventures. The
Company is working with specialized divisions within various
Institutional banks that offer comprehensive suites of products and
services tailored for the Company and for the growth and protection
of its shareholders. These are relationships, Val Kazia, CEO of O2 Secure Wireless has been
solidifying for some time. "It has taken me a few years to build
these relationships and prove to these Institutions that as small
as we may be, we will eventually be one of their most successful
and largest clients," said Val
Kazia.
In December, O2 Secure Wireless Inc. informed its shareholders
that it was near completion of its acquisition of Technologies
Argus First de Mexico, tapping
into a multi-billion dollar market with millions in revenue. The
final phase of the acquisition has been delayed due to a large
influx of new orders Technologies Argus First de Mexico has received, however it is finally
near completion. This acquisition has positioned the Company for
many opportunities of expansion in the worldwide telecom
market.
"I am extremely pleased with how I see the upcoming growth of O2
Secure Wireless Inc. in the coming months. We have met with various
governments globally, including emerging Caribbean Countries who
have showed great interest in our business model, our designs and
implementation of various technologies. However at the moment we
are focused on the start of our first major global project. The
full details of this project will be released in a timely manner,"
said Val Kazia.
As mentioned in 2014 the Company developed and tested
smartphones and tablets with a Chinese partner. Production of the
phones began and the company received its first shipment in the
summer of 2014. The Company quickly discovered there was an issue
with quality control and the Partnership was cancelled. Prior to
Cancellation of the Partnerhsip, we spent many months on building
distribution channels, distributing test models around the Country
and solidifying orders. This was not in vain. The Company has been
since working with part manufacturers to develop and complete a new
line of LTE/GSM smartphones and tablets. These devices will be
designed to work on all LTE/GSM networks worldwide. We will only
produce a few high quality models at various price structures.
Using our extensive resources and the Channels we have built prior
to the dissolution of our previous Partnerhsip we will be
assembling our own end user product line. This will allow the
Company to maintain the highest quality control and upgrade
features faster without the threat of delay.
"2015 will be our busiest and most successful year as we
anticipate our Institutional funding allowing the launch of our
first market. As I have stated in the past, Metro PCS did not
begin with an over 15 billion dollar
buy out. It began as a grass roots telecommunications Company
looking to corner an untapped market however as successful as it
has been, it has not even made a dent into the market place. The
mobile penetration rate of LAC is projected to reach 126 percent
this year and the number of mobile connections is projected to
amount to 781 million. By the end of 2014, there was almost 1
billion Internet users coming from LAC, and that the number of
telecommunications and mobile-broadband subscriptions will reach
2.3 billion globally." Said Val
Kazia.
"We want to thank our shareholders for their amazing support as
well as our vendors and partners who have worked side by side with
us through these last several years," Val
Kazia continued to say.
O2 Secure Wireless is still progressing with the following
projects:
- Executing the completion of the full purchase of a Dominican
Bank.
- Executing the completion of the purchase of a Central American
Cable Company.
- Executing on a Purchase of a local B2B service provider.
- Development of tower facilities (now ready for zoning
submittal).
- Launch of OTOW NETWORK in the coming months.
Company Overview: 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 visit www.o2securewireless.com, or
info@o2securewireless.com
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SOURCE O2 Secure Wireless Inc.