Inova Technology Secures New $275,000 Contract for Network Solutions; Begins Work on $562,000 Project
February 08 2010 - 4:40AM
PR Newswire (US)
SANTA MONICA, Calif., Feb. 8 /PRNewswire-FirstCall/ -- Inova
Technology (OTC:INVA) (BULLETIN BOARD: INVA) , through its
wholly-owned subsidiary, Desert Communications, Inc., has executed
a $275,000 contract with the San Augustine, Texas, Independent
School District for network solutions. The project is fully funded
by a combination of funds from the Federal Government's Erate
program and funds from the school district itself. Work on the
project is expected to commence in first quarter of 2010. Inova's
Desert Communications also announced it has begun work on a
$562,000 network solutions project for Socorro, Texas, Independent
School District. "We are delighted by our ability to continue
winning substantial new contracts in this difficult environment. We
have a pipeline of other similar opportunities and we are working
very hard to secure as many opportunities as possible," said Inova
CEO Adam Radly. About Inova Technology Inova Technology, Inc.
(INVA) is an enterprise level information technology solutions
provider specializing in providing RFID solutions, wireless
networking, storage and security technology solutions and IT
professional services. Its objective is to implement and optimize
solutions for clients with best of breed technology and the best
possible service. INVA has two complimentary business units,
RightTag Inc., providing RFID solutions to manage and track
objects, the other, Desert Communications., Inc., providing network
solutions for hundreds of entities since its inception in 1994. For
more information please visit the Company website at:
http://www.inovatechnology.com/ . Safe Harbor Statement: Except for
historical information, the forward-looking matters discussed in
this news release are subject to certain risks and uncertainties
which could cause the Company's actual results and financial
condition to differ materially from those anticipated by the
forward-looking statements including, but not limited to, the
Company's liquidity and the ability to obtain financing, the timing
of regulatory approvals, uncertainties related to corporate
partners or third-parties, product liability, the dependence on
third parties for manufacturing and marketing, patent risk,
copyright risk, competition, and the early stage of products being
marketed or under development, as well as other risks indicated
from time to time in the Company's filings with the Securities and
Exchange Commission. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue because of
subsequent events. CONTACT: Adam Radly, CEO DATASOURCE: Inova
Technology, Inc. CONTACT: Adam Radly, CEO of Inova Technology,
Inc., +1-949-707-5365, Web Site: http://www.inovatechnology.com/
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