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OneFi Technology, Inc. Announces the Initial WiMax/BPL Broadband Installation to Begin for the Hogback Region of the Navajo Nation
(Market Wire Via Acquire Media NewsEdge) LOS ANGELES, CA -- (MARKET WIRE) -- 12/10/09 --
OneFi Technology, Inc. (PINKSHEETS: ONFI)
announces the initial installation of WiMax/BPL Technology in the Hogback
Region of the Navajo Nation is scheduled to begin in Jan. 2010. The network
will be valued at $20,000,000 when it is completed.
Tom White, CFO of OneFi who is managing the project, said, "We are
delivering the network to meet the broadband internet needs of the Navajo
community and the installation will be a model for the other Native
American communities."
About OneFi Technology, Inc.
OneFi Technology, Inc. is a WiMax company developing broadband networks
that are capable of 4G (4th Generation) compatibility. OneFi Technology's
focus is on rural communities and developing countries. WiMax is a wireless
technology for the delivery of broadband internet.
For Additional Information, Go to the Website:
This press release contains certain "forward-looking statements" within the
meaning of federal securities laws including the use of the words "expect,"
"anticipate," "estimate," "project," "forecast," "outlook," "target,"
"objective," "plan," "goal," "pursue," "on track," and similar expressions.
Although the Company believes that the statements were reasonable when
made, these forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause actual results,
performance, or achievements of the company to be different from those
expressed or implied. The Company assumes no obligation and does not intend
to update these forward-looking statements. Among the important factors
that could cause actual results to differ materially from those indicated
by such forward-looking statements include, without limitation: competitive
and general economic conditions, adverse effects of litigation, the timely
development and acceptance of our products and services, significant
changes in the competitive environment, the failure to generate or the loss
of significant numbers of customers, the loss of senior management or
increased government regulation.
Contact:
OneFi Technology, Inc.
Investor Relations
Tom White
Email Contact
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