IRVINE, CA--(Marketwired - Apr 18, 2017) - CAPSTONE TECHNOLOGIES GROUP, INC. (
World Wide Cell Phone Usage: "Most of the mobile market growth can be attributed to the increasing popularity of smartphones. In 2012, about a quarter of all mobile users were smartphone users . By 2018, this number is expected to double, reaching 50 percent. The number of smartphone users worldwide is expected to grow by one billion in a time span of five years, which means the number of smartphone users in the world is expected to reach 2.6 billion by 2019."
https://www.statista.com/statistics/274774/fo...worldwide/
There is more and more talk about data usage and cell phone plans. As data usage increases, there is a greater need for faster networks and more thorough coverage through the United States and the rest of the world.
AVERAGE CELLULAR TRAFFIC PER MOBILE DEVICE TYPE*
| (MBs/month) | 2014 | 2015 | |
| Non-Smartphone | 22 | 105 | |
| M2M Module | 70 | 366 | |
| Wearable Device | 141 | 479 | |
| Smartphone | 819 | 3,981 | |
| Tablet | 2,076 | 10,767 | |
| Laptop | 2,641 | 5,589 |
*Source: Cisco VNI Global Mobile Data Traffic Forecast, 2014-2019
http://fortune.com/2015/09/17/cellphone-unlimited-data/
Capstone CTO Wesley Poff states, "When you consider the dramatic increase in smartphone users, and the additional amount of data that is transmitted to these cell phones, it is easy to see the need for additional bandwidth for networks. Optical fiber is the highway for the data on these networks. Capstone subsidiary, American Fiber Optics Group, will provide the necessary infrastructure to build and expand these highways to ensure superior clear connectivity for consumers into the future."
The market for optical fiber cable is steadily increasing as the consumer demand for more data increases. As network speeds continue to increase from 3G to 4G and then 5G in 2020, data usages in smartphones and tablets will continue to increase. Also, cell phone networks continue to expand throughout the world. The amount of optical fiber cable to support these networks will continue to expand.
Capstone Technologies Group is ready to bring additional preform and fiber manufacturing to a market currently limited by preform capacity. As optical fiber demand continues to grow, Capstone will continue to expand manufacturing capability to fulfill this demand.
ABOUT CAPSTONE TECHNOLOGIES GROUP Capstone Technologies Group is perfectly affixed as the Top Structure of a growing list of visionary technology companies, destined to change the world in which we live by taking up the challenge of making the USA the manufacturing giant it once enjoyed. We believe in the strength and ingenuity of the American manufacturing market and the people that are dedicated to bring the best of new technologies to the marketplace, right here in the place where the manufacturing industry was born. We will take the existing foundation and history of American greatness and integrate that with advances in technology, to bring to worldwide consumers those leading edge products they demand.
Capstone is focused on forward looking entities that have distinguished themselves as leaders in their fields and are looking for investment and leadership to move their vision to fruition. We can bring forth the financial, logistical and outside the box thinking to develop a succinct and streamlined path to market.
Safe Harbor Statement: This press release may contain forward looking statements and or observations which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties include but not limited to information as contained within the Company's most current quarterly reports, annual reports, and or other such filings as may be accessed through the OTCBB website. Furthermore, the Company disclaims any intention or obligation to update or revise any such forward looking statements, whether as a result of new information, future events, or otherwise. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new product lines noting there is no assurance that we will generate enough revenues to offset those costs. Additional product offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the variables as associated with the general business channel we are operating in, the impact of which cannot be predicted at this time including risks as associated with our product and recent FDA pronouncements. Additionally, our 1-A registration statement will generate additional free trading shares to the marketplace at a pre-determined price which may impact our share pricing within the OTC marketplace in a manner that we cannot predict.
Investor Contact: Capstone Technologies Group, Inc. Info@capstonetechgrp.com (888) 676-4138 www.capstonetechgrp.com
