O2 Secure Wireless, Inc. Releases Update to Shareholders on Recent Developments and Strategies
ST. AUGUSTINE, Fla., March 23, 2013 (Market Wire) -- O2 Secure Wireless, Inc. ( OTC PINK: OTOW ), a developer of domestic and international hi-speed wireless Internet facilities and mobile Internet solutions, is pleased to provide the following update to its shareholders regarding the events and milestones of this past quarter.
In February of this year, O2 Secure Wireless spun off its education services division into a subsidiary of O2 Secure Wireless, Inc., O2 Education Services, Inc. , which is located in Palm Coast, Florida. This division was set up to tailor its product and service offerings of wireless networking, digital curriculum tablet integration and FIT® facial recognition security software directly to private and public schools and launched its initiative this spring. We have received positive interest from all over the country and are following up on these leads.
In March, the Company, held the opening and of the flagship retail store also located in Palm Coast Florida at the European Village. The storefront is conveniently positioned where walk-in business can become an intricate part of the Company’s business plan. The storefront has wireless accessories, services and prepaid debit cards. We are in the process of changing issuing banks for the debit cards. The store will be the launching point of the Company’s newly released digital products, such as the announced O2 Wave Smart Phone which is slated for release into the public marketplace in the coming weeks. We have initiated contract negotiations for distribution of the smartphones in several countries and expect to secure these in the short term.
“We are very excited about the milestones we have reached and what is on the horizon for the next quarter. We want to thank all of our loyal shareholders for your continued loyalty while the Company has worked to get all these projects into full swing. We anticipate that 2013 will be a great year.” stated Val Kazia, President and CEO of O2 Secure Wireless, Inc.
It was recently announced that a new ruling was passed by the Securities and Exchange Commission regarding the dissemination of news to investors. On Tuesday April 2, 2013, the SEC issued a report ruling that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure. The Company expects this will be instrumental in getting news and the latest developments into the financial community.
About O2 Secure Wireless: 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. Under a recent merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally.
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 our website at http://o2securewireless.com or contact Investor Relations: 855-222-0211
