ONCI Secures New Contract with Large Food & Beverage distributor
New York, NY -- December 19, 2016 -- InvestorsHub NewsWire -- On4 Communications, Inc. (OTC Pink: (OTC: ONCI) - On4 Communications (OTC: ONCI) today announced a full beta test launch of their proprietary FMS Drive Safe App with a large Food & Beverage distributor. The FMS beta test will be installed on the fleets 1st 250 vehicles increasing to 1000 vehicles over the next 6 to 8 weeks.
ONCI CEO Steve Berman states that, This is really exciting, as this is one of the largest North East distributors in its industry. This full beta test contract arrives with 250 pre-sold units with initial installation completed by the first week of January 2017. We are proud to enter the commercial fleet sector with our proprietary FMS Drive Safe App and are expecting several more FMS contracts to be announced between now and year end.
About On4 Communications
On4 is a holdings company with an aggressive focus of acquiring proven and profitable businesses. Our first project is focusing on businesses operating in the $1.7 trillion U.S. healthcare industry. Our newest targeted businesses are operating in the trillion-dollar mobile App space. Our first acquisition in the mobile App space is FMS Marketing a global creator and distributor of mobile Apps for Android and Iphones. We are also targeting businesses to acquire and joint venture with in the medical marijuana and emerging MJ ancillary products space.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.