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News release - looks like there is a change coming

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Post# of 921
Posted On: 03/17/2015 1:21:01 PM
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Posted By: prof
Re: prof #687
News release - looks like there is a change coming here

http://www.otcmarkets.com/stock/EGOH/news?id=99663

Reno, NV -

Eagle Oil Holding Company, Inc. (EGOH:OTC) is pleased to announce that it has acquired Pure Mobility International Inc., a private Canadian company, specializing in the implementation of wireless services throughout multiple markets and remote locations worldwide. Pursuant to this acquisition, Pablo L. Nieto, Jr. will be appointed as Chairman and President of Eagle concurrently with the acquisition by Eagle Oil of all the shares of Pure Mobility International Inc. utilizing preferred shares as consideration.

Founded in August 2009, Pure Mobility International is a Broadband Wireless Network owner and operator. The company’s mission is to provide Sweratel Cloud-based, Carrier-grade, MetroWiFi network solutions serving ICT (Information and Communication Technology) infrastructure demands in the most challenging areas such as urban, suburban, rural, logistics hubs, smart communities and network-connected society markets providing users with a truly complete mobility lifestyle.

Rapid growth of Mobile Networks’ data traffic is a challenge for operators meeting the customer demand of high data usage. Operators are slowly beginning to upgrade their 3G or LTE into WiFi data offload services. As access to technology increases, broadband data services/applications such as VoIP (Voice Over Internet Protocol), HD video, Contents, Smart-grids, etc. are integrated into the same broadband networks that drive the “Internet of Things” (IoT). The hope once envisioned for 3G and/or LTE as a true broadband service has all but dwindled away.

Pure Mobility International Inc. currently has an installation in Conakry, Guinea in West Africa that provides residents with a green, state-of-the-art, Sweratel RTWIP-CORE Cellular WiFi Technology Solution with new, upcoming installations in the Caribbean and the USA.

"By combining globally recognized 802.11-family standards, an excellent consumer-friendly technology, with 3G/LTE mobile data offloading, the new heterogeneous networks allow operators, ISPs and Municipal SPs to offer instant broadband access to the growing base of Smartphones, phablets and tablets, etc." states Marc Desparois, Chief Executive Officer, Pure Mobility International Inc.”

Please visit our website for additional information:

http://www.puremobilityintl.com/



Pablo L. Nieto, Jr., sole Director and Chief Executive Officer of Eagle Oil Holding Company, Inc. (EGOH:OTC) states, “I am very excited to take control of Eagle Oil and will update shareholders with ongoing announcements in the next few weeks. Connie Helwig will remain as a director during this transition and I thank her for her efforts in creating shareholder value by acquiring our company.”

prof


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