OTOW O2 Secure Wireless Inc (CE)

O2 Secure Wireless, Inc. (PINKSHEETS: OTOW) is pleased to announce that the Company's wholly owned subsidiary Earthcom Service C. Por A., in accordance with new regulations regarding corporations that went into effect April 29th, 2011, has positioned itself to qualify for submittal of a bond offering in the Dominican Republic. The company expects to file the documentation for a $25 million bond offering.

The Company seeks to acquire parallel finance vehicles rather than rely solely on one entity; the filing will also act as an exit vehicle for potential investor opportunities. As the Company prepares the required filings for registration of the securities, O2 has contacted Fitch Ratings to rate the secondary and expects the bonds to be rated between BB and BBB, with a coupon in the range of 9.25% to 9.75%, which is typical of a bond rating in this region.

Earthcom Service C. Por A. has strategized to gain a sizable portion of the wireless industry in the Dominican Republic, a territory boasting 8.8 million current potential customers.

O2 Secure Wireless is also moving forward with the domestic projects underway in Florida, and was recently mentioned in an article in the Palm Coast Observer. To view the article in its entirety go to:

http://www.palmcoastobserver.com/news/palm-coast/News/052620111215/Wireless-company-to-hire-40

Mr. Kazia, President and CEO of O2 Secure Wireless, Inc., states, "We are pleased with the progress that the Company has made. It has been a challenging and tedious process, but we know that the most rewarding of endeavors are not easily or quickly achieved. We are intent on getting the bond offering completed in anticipation of the execution of the next stage of our penetration strategy into the Dominican territory."

About O2 Secure Wireless: O2 Secure Wireless is a Company that manages numerous wireless tower facilities development both in the US and abroad. The Company is also instrumental in the development of wireless communication services in the Caribbean as well as 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 of 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.

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For more information visit our website at http://o2securewireless.com or contact Investor Relations: Gibraltan Financial (407)830-9777