O2 Secure Wireless, Inc. Enters Into Lease Agreement to Penetrate Highly Desired Territory in St. Augustine, Florida
October 21 2010 - 10:30AM
Marketwired
O2 Secure Wireless, Inc. (PINKSHEETS: OTOW)
announces that the Company has entered into a Lease Agreement on
carrier desired land near St. Augustine, Florida, where it intends
to build its second tower in this territory.
O2 Secure Wireless has recently taken the reigns on Earthcom
Wireless Inc.'s domestic operations. This lease is a very good
representation of the nature of the domestic properties that O2
Wireless is looking to secure. The value of this lease, as a
carrier desirable property, will increase as leases are finalized
with carriers, with its value growing to $1.2 million, with two
carriers, once the tower has been established and the location
becomes fully operational.
"We are very pleased that the O2 Secure Wireless' domestic
property acquisition strategy has been initiated. The property that
we have secured is in a great carrier desired location to begin
serving this territory; the zoning process will start soon, and
once completed, this property will provide the Company with a range
of revenue generating options. We will keep our shareholder base
informed as we continue to establish each domestic location,"
stated Val Kazia, President, Earthcom Service Inc.
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://earthcomservice.com or contact Investor Relations: Gibraltan
Financial (407) 830-9777
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