ST. AUGUSTINE, Fla.,
March 19, 2014 /PRNewswire/
-- O2 Secure Wireless, Inc. (OTC PINK: OTOW), a developer of
domestic and international hi-speed wireless Internet facilities
and Mobile Internet solutions, announced updates on the projects
that the Company has been working on, the launch of its OTOW
Network and its positive impact upon implementation into our
ongoing Business Plan to drive shareholder value.
The most exciting news are the updates regarding executing on
the purchase of a Dominican Bank, the purchase of a Central
American Cable Company, the Purchase of local B2B service provider,
the Development of tower facilities and projected sales of OTOW
smartphones and tablets to reach a million units in first year of
sales to generate a minimum of $25
million in gross revenues.
The OTOW Network maybe the single largest step the Company has
taken to date. The mobile content venture that we were able to put
together may allow us to compete much sooner than if we were doing
it on our own. We are surrounding ourselves with entertainment
industry experts that can provide valuable insight for the new OTOW
network as we move forward. When the mobile content is ready for
distribution it will produce various revenue streams from multiple
sources and our OTOW hi-speed wireless Internet facilities and
mobile Internet solutions network is being well received by our
clients and the testing of our delivery system for mobile content
has been successful.
The Company has completed testing updated the smartphones 6
models and 2 tablets including a 6" 8 core smartphone. Production
of the phones has started and the company expects to receive its
first shipment in summer of 2014. Smartphones will outgrow the
human population on earth exceeding 7.3 billion phones in 2014;
this will also include replacement phones of 1.3 billion with
growth in the US alone estimated at 3 million phones per month. The
Company expects to capture a percentage of these phone sales in the
US and growing markets. The company, in the fourth quarter decided
to focus on the development of the projects and work to secure the
funding needed move forward. We will be issuing a forward
looking statement for 2014 in the coming weeks.
I also want to address that we are in the process of updating
all of the OTOW filings and in the coming days will provide updates
on orders for our products, funding, and the status of our OTOW
network. It's a very exciting time for the Company and I want to
personally thank our shareholders for their continued support as we
grow our business. Our pledge to you is that we will keep you
informed of the status of our projects and we will do everything in
our power to move the Company forward and implement our Business
Plan in order to provide increased shareholder value.
About O2 Secure Wireless (http://o2securewireless.com)
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 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.
Thank you for your interest in O2 SECURE WIRELESS, INC.
Val Kazia, CEO of O2 Secure Wireless
Inc.
For more information: http://o2securewireless.com
SOURCE O2 Secure Wireless, Inc.