Network Installation Declares 2 For 1 Forward Stock Split; Announces New Ticker Symbol
September 20 2004 - 8:00AM
PR Newswire (US)
Network Installation Declares 2 For 1 Forward Stock Split;
Announces New Ticker Symbol IRVINE, Calif., Sept. 20
/PRNewswire-FirstCall/ -- Network Installation Corp. (OTC:NWIS)
(BULLETIN BOARD: NWIS) a provider of IT communications solutions,
announced today that its Board of Directors has approved a 2 for 1
forward stock split, to be distributed to all shareholders of
record as of September 20th, 2004. Shareholders of record will
receive 1 additional share of common stock for every 1 share of
common stock held. The Company also announced that it will begin
trading under the new ticker symbol "NWKI" (OTC:NWKI) (BULLETIN
BOARD: NWKI) effective September 20, 2004. Network Installation CEO
Michael Cummings stated, "Over the past year and a half, we have
experienced tremendous progress with our growth and are pleased to
share this success with our shareholders. I believe the actions of
our management team have always been consistent with maximizing
shareholder value and it will continue to be our primary focus." He
added, "We are excited regarding the future outlook of Network
Installation and remain committed to evaluating opportunities for
continued growth." About Network Installation Corp. Network
Installation Corp. provides communications solutions to the Fortune
1000, Government Agencies, Municipalities, K-12 and Universities
and Multiple Property Owners. These solutions include the design,
installation and deployment of data, voice and video networks as
well as wireless networks and Wi-Fi. Through its wholly-owned
subsidiary Del Mar Systems International, Inc., the Company also
provides integrated telecom solutions including Voice over Internet
Protocol (VoIP) applications. Network Installation maintains branch
offices in Irvine, Gold River and San Marcos, CA; Las Vegas, NV,
and Seattle, WA. To find out more about Network Installation Corp.
(OTC:NWIS) (BULLETIN BOARD: NWIS) , visit our website at
http://www.networkinstallationcorp.net/. The Company's public
financial information and filings can be viewed at
http://www.sec.gov/. Forward-Looking Statements This release
contains forward-looking statements, including, without limitation,
statements concerning our business and possible or assumed future
results of operations. Our actual results could differ materially
from those anticipated in the forward-looking statements for many
reasons including: our ability to continue as a going concern,
adverse economic changes affecting markets we serve; competition in
our markets and industry segments; our timing and the profitability
of entering new markets; greater than expected costs, customer
acceptance of wireless networks or difficulties related to our
integration of the businesses we may acquire; and other risks and
uncertainties as may be detailed from time to time in our public
announcements and SEC filings. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they
relate only to events as of the date on which the statements are
made, and our future results, levels of activity, performance or
achievements may not meet these expectations. We do not intend to
update any of the forward-looking statements after the date of this
document to conform these statements to actual results or to
changes in our expectations, except as required by law. DATASOURCE:
Network Installation Corp. CONTACT: Michael Novielli, Chairman of
Network Installation Corp., , +1-203-791-3838; or Malcom McGuire of
CCRI Group, +1-800-828-0406, for Network Installation Corp. Web
site: http://www.networkinstallationcorp.net/
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