NW Tech Capital, Inc. (Formerly: Cybertel Capital Corp) Announces EF&I Consolidation Plans
March 04 2008 - 9:15AM
Marketwired
VANCOUVER, WA announced today the launch of its new website
www.nwtechcapital.com. The website is designed to provide new and
existing customers with greater information about NW Tech Capital
and its mission statement to become the leader in the consolidation
of telecom engineering, materials furnishing and installation
(EF&I) service providers in the Pacific Northwest and
nationally.
NW Tech Capital provides network engineering, materials
furnishing, installation and support services, which is often
referred to as "EF&I" to a diverse client base. The EF&I
sector remains a solid growth component of the overall telecom
industry over the next 5 years.
In fact, industry analysts have reported that the US already
spent $56 billion in 2007 with an additional $393 billion in
spending through 2012 in the EF&I telecom sector (both
wire-line and wireless). Some of the factors driving the market
boom in EF&I are the conversion of wireless systems from analog
to digital (3G and beyond) plus the demand for increased wire-line
capacity due to increased consumer broadband usage.
NW Tech Capital entered the EF&I sector with its recent
acquisition agreement of Teledigit Inc., which has provided
telecom, wireless and data solutions since 1995. Teledigit is the
first of what NW Tech Capital's management believes to be a series
of strategic mergers and acquisitions in the EF&I telecom
sector. States James Wheeler CEO of NW Tech Capital, "We are glad
to be in such an expanding marketplace and are looking forward to
increasing our position in the EF&I sector and getting as much
of the $393 billion as possible projected to be gained by the year
2012. We also see China as a big player in this field and are
continuing our search for qualified acquisitions there as well as
the United States."
About TeleDigit, Inc.
TeleDigit, Inc. is a locally owned and operated
telecommunications company in the Pacific Northwest. Established in
1995, TeleDigit Inc. bases its operations out of Portland, Oregon
serving customers throughout the West coast, with a national
contract to service all voice systems for a National chain of
dentist offices. TeleDigit, Inc. provides installation and service
for your business voice needs, including key systems, PBXs,
voicemail, and cabling.
About NW TECH CAPITAL, INC.
NW Tech Capital is a holding company with interests in areas of
telecommunications, data management, information systems and public
safety communication and response solutions. NW Tech trades on the
OTC Bulletin Board under the ticker symbol "NWTT."
For more information on NW Tech Capital contact
investor@nwtechcapital.com.
Certain Information
Investors are cautioned that certain statements contained in
this document as well as some statements in periodic press releases
and some oral statements of NWTT officials are "Forward-Looking
Statements": within the meaning of the Private Securities
Litigation Reform Act of 1995 (the "Act"). Certain statements in
this news release may contain forward-looking information and are
based on Management's current expectations, estimates and
projections subject to change. Words such as "anticipates,"
"expects," "intends," "plans," "targets," "projects," "believes,"
"seeks," "estimates" and similar expressions are intended to
identify such forward-looking statements. These statements are not
guarantees of future performance and are subject to certain risks,
uncertainties and other factors, some of which are beyond our
control and are difficult to predict. Therefore, actual outcomes
and results may differ materially from what is expressed or
forecasted in such forward-looking statements. You should not place
undue reliance on these forward-looking statements. Unless legally
required, the Company undertakes no obligation to update publicly
any forward-looking statements, whether as a result of new
information, future events or otherwise. The Company disclaims any
information that is created or distributed by any outside party and
endorses only information that is communicated by its official
Press Releases.
Contact Information: NW Tech Capital, Inc. Vancouver, WA James
Wheeler Chairman & CEO E-mail: Email Contact
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