5BARz International, Inc. Opens New Innovation Cen
Post# of 94143
Posted On: 11/25/2013 9:23:37 AM
5BARz International, Inc. Opens New Innovation Center in San Diego
Engineering team working around the clock to develop second generation-device for major global network operators
5BARz International, Inc. (OTCBB: BARZ), (Boerse- Berlin: O5B), (www.5BARz.com) ("5BARz" or “the Company") announced today the opening of its new state-of-the-art innovation center in San Diego, California. The center will house the 5BARz’ engineering division as it expands operations to accelerate development of the 5BARz technology.
Naresh Soni, Chief Technology Officer of 5BARz International, Inc. explained, “our new innovation center is located in the Sorrento Valley which is in the heart of the wireless technology industry in the United States. This ideal location has facilitated the recruitment of key engineering positions that we have filled in the last 30 days. In addition to our new facility and increasing our engineering team internally we have contracted engineering firms in India and China in order to accelerate the development and delivery of our technology solutions as soon as possible. The Company’s strategic outsourcing model brings a team of engineers and designers localized in different time zones that are working around the clock to timely and effectively address the needs of specific partners.”
Daniel Bland, CEO of 5BARz International, Inc. explained, “This Innovation Center will be initially focused on the completion of our second generation-device, designed in collaboration with a multi-national wireless carrier.” He continued stating, “This business model will allow us to respond to the market opportunities that we hope to generate from global wireless operators and other industries that choose 5BARz as their solution for coverage improvement and seamless connectivity.”
5Barz’s investment in this new innovation center and the business model in place underscores the Company’s commitment to improving its revolutionary cellular network extender technology to engineer customized solutions for a wide variety of consumers and industries.
About 5BARz International Inc.
The 5BARz International Inc. business is focused upon the global commercialization of a patented product technology branded under the name 5BARz™. 5BARz™ is a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz™ incorporates a patented technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity. 5BARz International Inc.'s shares are publicly traded on the OTCBB under the ticker symbol BARZ in the US and on the Berlin Stock Exchange (http://www.boerse-berlin.com) under symbol "O5B."
On behalf of the Board of Directors
"Mr. Daniel Bland" CEO & Director
5BARz International Inc.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
5BARz International, Inc.
Investor Relations:
1-877-723-7255
IR@5Barz.com
or
CVOX Group LLC
Media Contact:
Maria Mancuso, 305-573-4775
maria@cvoxgroup.com
Engineering team working around the clock to develop second generation-device for major global network operators
5BARz International, Inc. (OTCBB: BARZ), (Boerse- Berlin: O5B), (www.5BARz.com) ("5BARz" or “the Company") announced today the opening of its new state-of-the-art innovation center in San Diego, California. The center will house the 5BARz’ engineering division as it expands operations to accelerate development of the 5BARz technology.
Naresh Soni, Chief Technology Officer of 5BARz International, Inc. explained, “our new innovation center is located in the Sorrento Valley which is in the heart of the wireless technology industry in the United States. This ideal location has facilitated the recruitment of key engineering positions that we have filled in the last 30 days. In addition to our new facility and increasing our engineering team internally we have contracted engineering firms in India and China in order to accelerate the development and delivery of our technology solutions as soon as possible. The Company’s strategic outsourcing model brings a team of engineers and designers localized in different time zones that are working around the clock to timely and effectively address the needs of specific partners.”
Daniel Bland, CEO of 5BARz International, Inc. explained, “This Innovation Center will be initially focused on the completion of our second generation-device, designed in collaboration with a multi-national wireless carrier.” He continued stating, “This business model will allow us to respond to the market opportunities that we hope to generate from global wireless operators and other industries that choose 5BARz as their solution for coverage improvement and seamless connectivity.”
5Barz’s investment in this new innovation center and the business model in place underscores the Company’s commitment to improving its revolutionary cellular network extender technology to engineer customized solutions for a wide variety of consumers and industries.
About 5BARz International Inc.
The 5BARz International Inc. business is focused upon the global commercialization of a patented product technology branded under the name 5BARz™. 5BARz™ is a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz™ incorporates a patented technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity. 5BARz International Inc.'s shares are publicly traded on the OTCBB under the ticker symbol BARZ in the US and on the Berlin Stock Exchange (http://www.boerse-berlin.com) under symbol "O5B."
On behalf of the Board of Directors
"Mr. Daniel Bland" CEO & Director
5BARz International Inc.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
5BARz International, Inc.
Investor Relations:
1-877-723-7255
IR@5Barz.com
or
CVOX Group LLC
Media Contact:
Maria Mancuso, 305-573-4775
maria@cvoxgroup.com
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